Production And Distribution Theories

Author : George Joseph Stigler
Publisher : Transaction Publishers
Page : 408 pages
File Size : 51,6 Mb
Release : 1994-01-01
Category : Business & Economics
ISBN : 1412831997

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Production and Distribution Theories by George Joseph Stigler Pdf

Production and Distribution Theories became a landmark in the study of economics when it was published in 1941. Nobel Laureate Stigler's book was the first to trace the development of theories alongside the history of economic thought. Stigler's pioneering effort remains a classic work on the evolution of distribution theory during a critical juncture in the development of modern industrial capitalism. Stigler examines the writings of major economists during the century, including William Stanley Jevons, Phillip Wicksteed, Alfred Marshall, F.Y. Edgeworth, and Leon Walras. He uses their works in order to show a variety of perspectives on distribution theory. Among the methods of thought he explores are neoclassical price theory and marginal productivity theory. In the new introduction, Douglas Irwin illustrates how this book came into being and notes its continuing significance to the study of economics. Joseph Schumpeter commented in his History of Economic Analysis that "this excellent work by a competent theorist is perhaps the best survey in existence of the theoretical work of that period's leaders and is strongly recommended." This judgment still stands. The book will be of great interest to those interested not only in neoclassical economics, but also in the sources of Stigler's economic thought.

Author : Richard Harding
Publisher : Routledge
Page : 363 pages
File Size : 54,5 Mb
Release : 2017-07-28
Category : Business & Economics
ISBN : 9781351496476

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Production and Distribution Theories by Richard Harding Pdf

Production and Distribution Theories became a landmark in the study of economics when it was published in 1941. Nobel Laureate Stigler's book was the first to trace the development of theories alongside the history of economic thought. Stigler's pioneering effort remains a classic work on the evolution of distribution theory during a critical juncture in the development of modern industrial capitalism.Stigler examines the writings of major economists during the century, including William Stanley Jevons, Phillip Wicksteed, Alfred Marshall, F.Y. Edgeworth, and Leon Walras. He uses their works in order to show a variety of perspectives on distribution theory. Among the methods of thought he explores are neoclassical price theory and marginal productivity theory.In the new introduction, Douglas Irwin illustrates how this book came into being and notes its continuing significance to the study of economics. Joseph Schumpeter commented in his History of Economic Analysis that this excellent work by a competent theorist is perhaps the best survey in existence of the theoretical work of that period's leaders and is strongly recommended. This judgment still stands. The book will be of great interest to those interested not only in neoclassical economics, but also in the sources of Stigler's economic thought.

Author : George J. Stigler
Publisher : Unknown
Page : 392 pages
File Size : 51,8 Mb
Release : 1968
Category : Economics
ISBN : OCLC:233581861

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Production and Distribution Theories by George J. Stigler Pdf

Author : Anonim
Publisher : Unknown
Page : 392 pages
File Size : 54,5 Mb
Release : 1953
Category : Electronic
ISBN : OCLC:934363743

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Production and Distribution Theories by Anonim Pdf

Author : Edwin Cannan
Publisher : Unknown
Page : 432 pages
File Size : 46,9 Mb
Release : 1894
Category : Economics
ISBN : WISC:89098679970

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A History of the Theories of Production and Distribution in English Political Economy from 1776 to 1848 by Edwin Cannan Pdf

Author : Anonim
Publisher : Unknown
Page : 392 pages
File Size : 44,6 Mb
Release : 1951
Category : Electronic
ISBN : OCLC:911734145

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Production and Distribution Theories by Anonim Pdf

Author : C. E. Ferguson,Ferguson C. E.
Publisher : Cambridge University Press
Page : 0 pages
File Size : 53,9 Mb
Release : 1969-11
Category : Business & Economics
ISBN : 9780521074537

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The Neoclassical Theory of Production and Distribution by C. E. Ferguson,Ferguson C. E. Pdf

The microeconomic theory of production; Macroeconomic theories of distribution and technological progress.

Author : John Bates Clark
Publisher : Cosimo, Inc.
Page : 477 pages
File Size : 44,9 Mb
Release : 2005-09-01
Category : Business & Economics
ISBN : 9781596052529

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The Distribution of Wealth by John Bates Clark Pdf

What would be the rate of wages, if labor and capital were to remain fixed in quantity, if improvements in the mode of production were to stop, if the consolidating of capital were to cease and if the wants of consumers were never to alter? The question assumes, of course, that industry shall go on, and that, notwithstanding a paralysis of the forces of progress, wealth shall continue to be created under the influence of a perfectly unobstructed competition. -from the Preface John Bates Clark was the first American economist with an international reputation-this revolutionary 1899 work is what brought him that distinction. In clear, lucid language that makes his economic philosophy so plain we take it for granted today, Clark lays out his Marginal Productivity Theory of Distribution, a rebuttal to Marx and an apologetic for capitalism. Insisting that in a competitive market economy, all work is fully and fairly recompensed and all labor and capital are, in a very real sense, equal components, Clark shattered then widely held theories of economics with his groundbreaking thesis. And his work continues to influence the global financial situation today. American economist JOHN BATES CLARK (1847-1938), who also wrote the significant The Philosophy of Wealth (1885), was professor of political economy at Columbia University and one of the founders of the American Economic Association. The prestigious John Bates Clark Medal for economic thought is named for him.

Author : Athanasios Asimakopulos
Publisher : Springer Science & Business Media
Page : 258 pages
File Size : 51,7 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9789400926615

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Theories of Income Distribution by Athanasios Asimakopulos Pdf

This book brings together the work of scholars who have written for it independent essays in their areas of particular expertise in the general field of income distribution. The first eight chapters provide a review of the major theories of income distribution, while the final two are con cerned with problems of empirical estimates and inferences. One of these chapters presents estimates of factor shares in national income in the United States, the United Kingdom and Canada, while the other ex amines how relationships between the size distribution of income and economic development are being investigated. A convenient way of conveying an understanding of how economic theorists have dealt with the distribution of income is to examine separ ately each major approach to this subject. Each contributor was thus assigned a particular approach, or a major theorist. No attempt was made to avoid the apparent duplication that occurs when the same references are examined by different contributors. The reader gains by seeing how the same material can be treated by those looking at it from different perspectives. A chapter each has been devoted to Marx and Marshall.

Author : Richard Harding
Publisher : Routledge
Page : 392 pages
File Size : 53,6 Mb
Release : 2017-07-28
Category : Business & Economics
ISBN : 9781351496483

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Production and Distribution Theories by Richard Harding Pdf

Production and Distribution Theories became a landmark in the study of economics when it was published in 1941. Nobel Laureate Stigler's book was the first to trace the development of theories alongside the history of economic thought. Stigler's pioneering effort remains a classic work on the evolution of distribution theory during a critical juncture in the development of modern industrial capitalism.Stigler examines the writings of major economists during the century, including William Stanley Jevons, Phillip Wicksteed, Alfred Marshall, F.Y. Edgeworth, and Leon Walras. He uses their works in order to show a variety of perspectives on distribution theory. Among the methods of thought he explores are neoclassical price theory and marginal productivity theory.In the new introduction, Douglas Irwin illustrates how this book came into being and notes its continuing significance to the study of economics. Joseph Schumpeter commented in his History of Economic Analysis that this excellent work by a competent theorist is perhaps the best survey in existence of the theoretical work of that period's leaders and is strongly recommended. This judgment still stands. The book will be of great interest to those interested not only in neoclassical economics, but also in the sources of Stigler's economic thought.

Author : John Pullen
Publisher : Routledge
Page : 220 pages
File Size : 44,8 Mb
Release : 2009-06-26
Category : Business & Economics
ISBN : 9781134010899

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The Marginal Productivity Theory of Distribution by John Pullen Pdf

John Pullen presents a critical history of the concept of the Marginal Profit Theory of Distribution looking at the contributions of its proponents (eg Stigler) and its critics (eg Pareto) and stressing the continuity of the debate.

Author : Heinz D. Kurz,Neri Salvadori
Publisher : Cambridge University Press
Page : 596 pages
File Size : 52,5 Mb
Release : 1997-02-28
Category : Business & Economics
ISBN : 0521588677

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Theory of Production by Heinz D. Kurz,Neri Salvadori Pdf

This compelling book contains a comprehensive analytical treatment of the theory of production in a long-period framework. Although the authors take a 'Classical' approach to their subject, the scope of investigation and methods employed should interest all economic theorists. Professors Kurz and Salvadori explore economic systems that are characterised by a particular kind of primary input in the production process, such as different kinds of labour and natural resources. These systems and the corresponding prices can be understood to reflect characteristic features of a capitalist market economy in an ideal way: they express the pure logic of the relationship between value and distribution in an economic system. Specific chapters deal with prices and income distribution, economic growth, joint production, fixed capital, scarce natural resources (both renewable and exhaustible), and heterogeneous labour. The historical origins of the concepts used are also discussed in considerable detail.

Author : John Pullen
Publisher : Routledge
Page : 265 pages
File Size : 41,9 Mb
Release : 2009-06-26
Category : Business & Economics
ISBN : 9781134010882

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The Marginal Productivity Theory of Distribution by John Pullen Pdf

The Marginal Productivity Theory of Distribution (MPTD) claims that in a free-market economy the demand for a factor of production will depend upon its marginal product – where "marginal product" is defined as the change in total product that is caused by, or that follows, the addition or subtraction of the marginal unit of the factor used in the production process, with all other inputs held constant. From its inception in the early nineteenth century the MPTD has been claimed by some economists to be a solution to the ethical problem of distributive justice, i.e. to be a means of determining fairness in wages, profits, interest and rent. Other economists have rejected this ethical claim, but have seen the MPTD as a valid demand-side criterion in the determination of equilibrium and efficiency. This book argues that the MPTD is valid, neither as a normative theory of social justice, nor as a positive law of economics. It suggests that economics is yet to develop a satisfactory theory of distribution that is scientific in the quantitative or mathematical sense. Through a survey of the origin and subsequent evolution of the MPTD in the writings of over 50 contributors over 150 years, John Pullen presents a critical history of the concept. The book begins by examining the conceptual tools that have been deployed to facilitate this analysis of past contributions to the MPTD and then looks at various economists and their contribution to the debate including its supporters such as Wicksteed, Marshall, Wicksell and Stigler, and its critics such as Pareto, Hobson, Edgeworth, Adriance and Cassel.

Author : C. J. Bliss
Publisher : Elsevier
Page : 393 pages
File Size : 51,7 Mb
Release : 2014-07-22
Category : Business & Economics
ISBN : 9781483275277

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Capital Theory and the Distribution of Income by C. J. Bliss Pdf

Advanced Textbooks in Economics, Volume 4: Capital Theory and the Distribution of Income focuses on the interconnection of capital theory and the distribution of income, including marginal products, capital, interest rates, and price systems. The book first takes a look at production without capital, equilibrium, prices, and time, and semi-stationary growth, as well as the existence of constant-rate-of-interest price systems. The manuscript then discusses marginal products and capital and the Cambridge model. The text examines the aggregation of miscellaneous objects, production function, linear production model, and efficiency, production prices, and rates of return, as well as prices and efficiency for infinite developments. The manuscript also ponders on investment, structure of interest rates, and disputations. Discussions focus on sets and convex sets, concave functions, and linear and non-linear programming. The publication is a dependable source of data for economists and researchers interested in capital theory and the distribution of income.

Author : Charles E. Ferguson
Publisher : Unknown
Page : 383 pages
File Size : 48,9 Mb
Release : 1975
Category : Economics
ISBN : OCLC:26340064

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The Neoclassical Theory of Production & Distribution by Charles E. Ferguson Pdf