Présentation de l'éditeur
This work endeavours to construct an intelligible, self-consistent theory of Distribution by means of an analysis of those processes of bargaining through which economic distribution is actually conducted, the results of industrial cooperation being apportioned to the owners of the factors of production in the several stages of production. The chief dilhculty 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. The extension to all these cases of the terminology and modes of measurement hitherto confined to land, or extended tentatively and by analogy to certain other factors, involves a complete restatement of some of the problems of wages and interest.
(Typographical errors above are due to OCR software and don't occur in the book.)
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Présentation de l'éditeur
This Elibron Classics book is a facsimile reprint of a 1907 edition by the Macmillan Company, New York.
Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.
