GEORGE,HENRY INFLUENCE ON CLARK,JOHN,BATES - THE CONCEPT OF RENT WAS PIVOTAL TO EQUATING WAGES WITH THE MARGINAL PRODUCT OF LABOR

被引:3
作者
STABILE, DR
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D O I
10.1111/j.1536-7150.1995.tb03443.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
John Bates Clark's marginal productivity theory of income distribution has been portrayed as being derived from David Ricardo. This article traces the influence Henry George had on that theory in providing a standard for measuring labor's addition to aggregate output as comparable to what could be earned on no-rent land. Following George, John Bates Clark extended that standard to include no-rent capital.
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页码:373 / 382
页数:10
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