Rate of Profit, Distribution and Growth: Two Views

by J.A. Kregel

Overview

There is a controversy among economists that has raged in the pages of professional journals. The debate concerns capital theory and distribution theory, as well as interpretation of models of long-run economic growth. This book is an attempt to integrate developments in capital theory and show their implications for models of long-run economic growth in mature capitalistic countries.

Product Details

ISBN-13:	9781349012145
Publisher:	Palgrave Macmillan UK
Publication date:	01/01/1971
Edition description:	1st ed. 1971
Pages:	222
Product dimensions:	5.51(w) x 8.50(h) x (d)

About the Author

J.A. Kregel

Table of Contents

List of Illustrations, Preface, 1. Introduction, 2. Classical and Neoclassical Approaches, 3. An Eclectic Approach to Neoclassical Growth, 4. Marginal Productivity, Money and Growth, 5. Rate of Profit and Return on Investment, 6. The Unseemly Paradox, 7. The Forerunners, 8. Methodology and Dynamic Growth, 9. Growth and Technical Progress, 10. When Workers Save, 11. The Rate of Profit, Distribution and Accumulation, 12. The Generality of the Assumptions, Appendices, Index