An essay in the theory of profits and income distribution / B. S. Keirstead.
Material type: TextPublication details: Oxford, England : Basil Blackwell, 1953.Description: 110 pages : Graphs and tables ; 22 cmOther title:- Profits and income distribution [Spine title]
- 339.2 338.7*
- HB 601 .K4 1953
Item type | Current library | Call number | Status | Date due | Barcode | |
---|---|---|---|---|---|---|
BOOKS | Niebyl-Proctor Marxist Library General Stacks | HB 601 .K4 1953 (Browse shelf(Opens below)) | Not For Loan | NPML21090042 |
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.
"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.
There are no comments on this title.