Notes on the Economics of Technical Progress

Joan Robinson

A chapter in The Generalisation of the General Theory and other Essays, 1979, pp 77-111 from Palgrave Macmillan

Abstract: Abstract Technical progress is a large subject, involving the whole history of the human race. We are here concerned only with changes of methods of production in a developed capitalist system, and our argument will apply to piecemeal innovations, not to great technical revolutions which transform a whole society and make comparisons between its present and its former state more or less meaningless.

Keywords: Real Wage; Technical Progress; Capital Good; Real Wage Rate; Relative Factor Price (search for similar items in EconPapers)
Date: 1979
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-16188-1_2

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DOI: 10.1007/978-1-349-16188-1_2

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