Euler's Theorem and the Problem of Distribution

Bibliographic Data

ID9708397
AuthorsJoan Robinson (0000-0001-9831-5681, corresponding author)
Year1934
Volume44
Issue175
Pages398
Publication date1934-09-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueThe Economic Journal (JOURNAL)
Journal identifiersISSN: 0013-0133 • E-ISSN: 1468-0297
PublisherOxford University Press (OUP) (PUBLISHER)
DOI10.2307/2225401
OpenAlexW2003520483
LanguageEN
Citations received8

It is characteristic of the development of the economic theory that proposition which appears very simple when we have arrived at them should be first sighted through a haze of ambiguities and approached only by a labyrinth of devious controversy. On this curious process the history of the famous adding-up provides a strikimg examples. As soon as it began to be asserted that factors of production are paid in accordance with their marginal products, the problem was posed: How do we know that, if each factor is paid its marginal product, the total products is disposed of with out residue, positive or negative? Of course it is obvious that in any case the total products is distributed among the factors of production

Calculus (dental · Distribution (mathematics · Euler's formula · Mathematical analysis · Mathematical economics · Economic theories and models · Economic Theory and Policy · Mathematics

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