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

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

by John Pullen (Author)

Synopsis

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.

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5 in stock

More Information

Format: Hardcover
Pages: 224
Edition: 1
Publisher: Routledge
Published: 24 Jun 2009

ISBN 10: 0415487129
ISBN 13: 9780415487122