THE CO-ORDINATION OF THE LAWS OF DISTRIBUTION

THE CO-ORDINATION OF THE LAWS OF DISTRIBUTION : by Philip H. Wicksteed

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Description

Wicksteed's classic work, The Co-ordination of the Laws of Distribution, has a central place within the development of marginal productivity theory. It claimed to explain all 'factor returns' on a unified basis and to show how 'marginal productivity factor pricing' just exhausted the total product.

It is presented here with a long introduction by the editor, Ian Steedman, who provides both a careful analysis of the text and an assessment of Wicksteed's place within the development of modern economics. This important new edition will make The Co-ordination of the Laws of Distribution accessible to a fresh generation of economists.
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Product details

  • Hardback | 128 pages
  • 156 x 234mm
  • Cheltenham, United Kingdom
  • English
  • Revised
  • Revised, Subsequent
  • 1852786841
  • 9781852786847

Review quote

Acclaim for this Classic in the History of Economics:

'This is a gem of a little book that every economist may read. . . '
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About Ian Steedman

Edited with a new introduction by Ian Steedman, former Research Professor in Economics, Department of Economics and Economic History, Manchester Metropolitan University, UK
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