The Distribution of Wealth

E790037

The Distribution of Wealth is an influential 1899 economics book by John Bates Clark that helped establish marginal productivity theory and shaped early neoclassical views on income distribution.

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Label Occurrences
The Distribution of Wealth canonical 3

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Statements (44)

Predicate Object
instanceOf book ⓘ
economics book ⓘ
addresses distribution between labor and capital ⓘ
functional distribution of income ⓘ
argues that competitive markets yield a just distribution of income under certain conditions ⓘ
associatedWithSchool American neoclassical economics ⓘ
author John Bates Clark ⓘ
bibliographicCategory 19th-century non-fiction book ⓘ
economics classic ⓘ
contributedTo development of marginal productivity theory ⓘ
countryOfOrigin United States ⓘ
fieldOfStudy economics ⓘ
political economy ⓘ
genre economic theory ⓘ
hasImpactOn theory of capital ⓘ
theory of interest ⓘ
theory of wages ⓘ
hasLegacy standard reference for marginal productivity theory in textbooks ⓘ
hasPart analysis of marginal productivity of capital ⓘ
analysis of marginal productivity of labor ⓘ
discussion of competition and distribution ⓘ
treatment of capital as a homogeneous fund ⓘ
hasReception widely cited in early 20th-century economics literature ⓘ
historicalContext late 19th-century industrial capitalism in the United States ⓘ
influenced 20th-century distribution theory ⓘ
debates on economic justice ⓘ
early neoclassical views on income distribution ⓘ
isConsidered a classic of neoclassical distribution theory ⓘ
language English ⓘ
mainSubject income distribution ⓘ
marginal productivity theory ⓘ
neoclassical economics ⓘ
proposes that each factor of production is paid its marginal product ⓘ
publicationYear 1899 ⓘ
publisher Macmillan ⓘ
relatedConcept competitive markets ⓘ
economic justice ⓘ
functional distribution ⓘ
marginal productivity of capital ⓘ
marginal productivity of labor ⓘ
relatedWork Essentials of Economic Theory ⓘ
theoreticalFramework competitive equilibrium ⓘ
marginalism ⓘ
timePeriodDescribed 19th century ⓘ

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Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

John Bates Clark → notableWork → The Distribution of Wealth ⓘ
Essentials of Economic Theory → relatedTo → The Distribution of Wealth ⓘ
John Bates Clark → notableWork → The Distribution of Wealth ⓘ
subject linked to: John