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In this classic work, Clark presents his theory of marginal productivity, which explains how the value of goods is determined, and how wages, profits, and interest rates are established in a market economy. Written in clear, accessible language, this book remains a foundational text in economics over 100 years after its initial publication.
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The Distribution of Wealth; a Theory of Wages, Interest and Profit, John Bates Clark
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- 2023
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