TY  - BOOK
AU  - Keirstead,B.S.
TI  - An essay in the theory of profits and income distribution
AV  - HB 601 .K4 1953
U1  - 339.2338.7* 
PY  - 1953///
CY  - Oxford, England
PB  - Basil Blackwell
KW  - Profit
KW  - Entrepreneurship
KW  - Income
KW  - Great Britain
N1  - This resource contains no table of contents, but chapter titles are listed below; I. Statement of the problem -- II. A classification of residuals -- III. Entrepreneurial expectations -- IV. Particular expectations and the distribution of income -- V. General expectations and the distribution of income -- VI. Conclusion.
N2  - "The marginal productivity theory of income distribution has long been the object of criticism. Some of the criticism, as I argue in this essay, has been wrong-headed and irrelevant, but quite enough remains to cast serious doubts on the validity of 'accepted' distribution theory. In this essay I have tried to indicate the nature of the valid criticisms, though I have avoided their detailed repetition, and I have also tried to reformulate that part of distribution theory which relates to profits. My general interest in dynamic economics has led me to cast my views in a dynamic frame." - from the author's preface
UR  - https://archive.org/details/theoryofprofitin0000unse
ER  -