The Marginal Productivity Theory of Distribution: A Critical History: 05 (Routledge Advances in Heterodox Economics)

by John Pullen (Author)

• New

  Hardcover
  2009

  $161.46

  Argues that the Marginal Productivity Theory of Distribution MPTD is valid, neither as a normative theory of social justice, nor as a positive law of economics. This book suggests that economics is yet to develop a satisfactory theory of distribution that is scientific in the quantitative or mathematical sense.