The Distribution of Wealth; a Theory of Wages, Interest and Profit
John Bates Clark
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The Distribution of Wealth; a Theory of Wages, Interest and Profit

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In this classic work, Clark presents his theory of marginal productivity, which explains how the value of goods is determined, and how wages, profits, and interest rates are established in a market economy. Written in clear, accessible language, this book remains a foundational text in economics over 100 years after its initial publication. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States,...