Value and Distribution: An Historical, Critical, and Constructive Study in Economic Theory, Adapted for Advanced and Post-graduate Work |
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Common terms and phrases
Abstinence Theory abstract fund Adam Smith amount argument Austrian economists Böhm-Bawerk buyer Capital and Interest chapter clearly concept condition consumers consumption contention corn cost theory determination of price difference discussion distribution doctrine of rent duction economic theory edition employed employment entrepreneur Exchange Theory fact factors factors of production follows free competition freely reproducible future ginal utility hence homogeneous fund increase in value industry land law of cost law of rent less limits machine Malthus marginal productivity marginal saver ment Mill mobile monopoly strength nature necessary normal value normal wages phenomena population productivity of capital productivity theory profit proposition quantity of product recognize Residual Claimant Theory result Ricardo sacrifice secured sumer superiority of present supply and demand supply of capital surplus value technical superiority terest theory of interest theory of value theory of wages Thornton tion total value true urged Value Theory Wages Fund Doctrine wealth wheat words writes