Value Capital and Rent.
With a Foreword by Professor G. L. S. Shackle. Translated by S. H. Frowein.George Allen & Unwin Ltd, London , 1954 Stock Code: 134302
NotesFirst English language edition of Wicksell's first book, originally published in German in 1893. "In Value, Capital, and Rent he performed a remarkable labour of synthesis. He adopted the marginal utility marginal productivity theory of value of Jevons, Menger and Marshall, added it to the Böhm Bawerk analysis of capital, and fused the result in a Walrasian comparative static general equilibrium framework. In this process he became a founder of the marginal productivity (product exhausting) theory of distribution shortly ahead of Wicksteed" (The New Palgrave).
Octavo. Original orange cloth, spine lettered in gilt. With the dust jacket.
A near-fine copy in the dust jacket, spine panel very slightly toned and scuffed.
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