A Long-Period Analysis
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Köp båda 2 för 865 kr'The Theory of Production is a tour de force that provides a needed authoritative survey of modern competitive theory on technology and prices. It seems a golden mean between mathematical complexities, policy alternatives, and historical geneses. I expect to wear out a copy every two years from extensive use.' Paul A. Samuelson, MIT
'The Theory of Production is a remarkably clear and precise statement of linear economic theory post-Sraffa. The sound analytical work is complemented by substantial historical notes in most chapters and the work is a pleasure to read.' Ivan Steedman, University of Manchester
1. Free competition and long-period positions; 2. A one-commodity model; 3. Two-commodity models; 4. Models with any number of commodities; 5. Choice of technique; 6. Alternative descriptions of a 'technique'; 7. Fixed capital models; 8. Joint production; 9. Models with jointly utilized machines; 10. Land; 11. Persistent wage and profit rate differentials; 12. On limits to the long-period method; 13. Production as a circular flow and the concept of surplus; 14. The neoclassical theory of distribution and the problem of 'capital'; 15. On some alternative theories of distribution; Mathematical appendix.