Add to ORKGAlthough it might have been expected that, by this point in time, the unacceptability of the marginal productivity theory of the return on capital would be universally agreed, that is evidently not the case. Popular textbooks still propound the dogma to the innocent. This note is presented in the hope that a succinct indication of the origins of the theory it will contribute to a more general appreciation of the unrealistic and illogical nature of this doctrine
This is a paper on the theory of capital. It deals with the role of capital in a cost-of-production ...
The paper addresses the ambiguity that surrounds the conception of capital and its role in neoclassi...
The main reason for rejecting Marx’s theory over the last century has been the infamous “transformat...
Although it might have been expected that, by this point in time, the unacceptability of the margina...
The purpose of this note is to supplement the author’s earlier remarks on the unsatisfactory nature ...
The purpose of this note is to supplement the author’s earlier remarks on the unsatisfactory nature ...
This article is a follow-up to the Capital Theory Controversy that took place in 1960s-70s. In broad...
In the 1960s-70s, there was a well-known controversy in economics on capital theory. In broad terms,...
The paper addresses the ambiguity that surrounds the conception of capital and its role in neoclassi...
The equality between factor pay and marginal product is a major component of the neoclassical paradi...
The equality between factor pay and marginal product is a major component of the neoclassical paradi...
This paper argues that Keynes’s analysis of the marginal efficiency of capital is consistent with th...
This book deals with the Cambridge capital theory controversies both from a historical and from an a...
The purpose of the present article is to explore the possibilities of a reconstruction of a Theory o...
This paper was produced as a study aid, to help people understand twentieth-century debates about Ma...
This is a paper on the theory of capital. It deals with the role of capital in a cost-of-production ...
The paper addresses the ambiguity that surrounds the conception of capital and its role in neoclassi...
The main reason for rejecting Marx’s theory over the last century has been the infamous “transformat...
Although it might have been expected that, by this point in time, the unacceptability of the margina...
The purpose of this note is to supplement the author’s earlier remarks on the unsatisfactory nature ...
The purpose of this note is to supplement the author’s earlier remarks on the unsatisfactory nature ...
This article is a follow-up to the Capital Theory Controversy that took place in 1960s-70s. In broad...
In the 1960s-70s, there was a well-known controversy in economics on capital theory. In broad terms,...
The paper addresses the ambiguity that surrounds the conception of capital and its role in neoclassi...
The equality between factor pay and marginal product is a major component of the neoclassical paradi...
The equality between factor pay and marginal product is a major component of the neoclassical paradi...
This paper argues that Keynes’s analysis of the marginal efficiency of capital is consistent with th...
This book deals with the Cambridge capital theory controversies both from a historical and from an a...
The purpose of the present article is to explore the possibilities of a reconstruction of a Theory o...
This paper was produced as a study aid, to help people understand twentieth-century debates about Ma...
This is a paper on the theory of capital. It deals with the role of capital in a cost-of-production ...
The paper addresses the ambiguity that surrounds the conception of capital and its role in neoclassi...
The main reason for rejecting Marx’s theory over the last century has been the infamous “transformat...