THE CO-ORDINATION OF THE LAWS OF DISTRIBUTION : by Philip H. Wicksteed
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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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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.
show more
Product details
- Hardback | 128 pages
- 156 x 234mm
- 01 Oct 1992
- Edward Elgar Publishing Ltd
- Cheltenham, United Kingdom
- English
- Revised
- Revised, Subsequent
- 1852786841
- 9781852786847
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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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'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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