The Marginal Productivity Theory of Distribution - Pullen, John
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Argues that the Marginal Productivity Theory of Distribution MPTD is valid, neither as a normative theory of social justice, nor as a positive law of economics. This book suggests that economics is yet to develop a satisfactory theory of distribution that is scientific in the quantitative or mathematical sense.
John Pullen presents a critical history of the concept of the Marginal Profit Theory of Distribution looking at the contributions of its proponents (eg Stigler) and its critics (eg Pareto) and stressing the continuity of the debate.

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Produktbeschreibung
Argues that the Marginal Productivity Theory of Distribution MPTD is valid, neither as a normative theory of social justice, nor as a positive law of economics. This book suggests that economics is yet to develop a satisfactory theory of distribution that is scientific in the quantitative or mathematical sense.
John Pullen presents a critical history of the concept of the Marginal Profit Theory of Distribution looking at the contributions of its proponents (eg Stigler) and its critics (eg Pareto) and stressing the continuity of the debate.
Autorenporträt
John Pullen was previously Associate Professor in the Department of Business, Economics and Public Policy at the University of New England, Australia, before being appointed as an Honorary Fellow in 2006.