Marginal Productivity, a Rehabilitation

Martin Bronfenbrenner

Chapter 16 in Issues in Contemporary Macroeconomics and Distribution, 1985, pp 366-377 from Palgrave Macmillan

Abstract: Abstract Not long ago — well within the memory of living man — the sun never set on the British Empire. But colonies and dependencies have graduated to self-governing dominions, commonwealth members, even republics boasting complete independence. Little is left beyond Shakespeare’s ‘precious stone set in a silver sea’. Even there, Irish and Scottish and Welsh nationalists would reduce its extent, though not its population, below that of Shakespeare’s time. But even should such termites succeed beyond all present probability, ‘There’ll always be an England.’

Keywords: Marginal Productivity; Input Price; Imperfect Competition; Money Balance; Input Demand (search for similar items in EconPapers)
Date: 1985
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-06879-1_16

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DOI: 10.1007/978-1-349-06879-1_16

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