The Economics of Distribution (Classic Reprint)

Bücher

Angebote / Angebote:

Excerpt from The Economics of Distribution This work endeavours to construct an intel ligible, self-consistent theory of Distribution by means of an analysis of those processes of bar gaining through which economic distribution is actually conducted, the results of industrial co operation being apportioned to the owners of the factors of production in the several stages of production. The chief difficulty lies in coordinating the different factors of production, so as to bring the payments made respectively for the use of land, labour, and capital under a common law of price, and in showing that the same economic forces which determine the market and normal prices of commodities are applicable to the sale of all these uses of the factors of production. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.