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An Introduction to “Anarchism, Socialism and Social Reform” by John Bates Clark

Published online by Cambridge University Press:  11 June 2009

Robert E. Prasch
Robert E. Prasch
Affiliation:
Assistant Professor of Economics, Department of Economics, Munroe Hall, Middlebury College, Middlebury, VT 05753.
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Extract

John Bates Clark (1847–1938) holds a secure position in the history of American economic thought. Specifically, he is remembered for developing the marginal product theory of distribution, which was presented in its most complete form in The Distribution of Wealth (1899). However, Clark's primary intellectual commitment has been largely overlooked. This was his search for the rules and institutions that would create a prosperous economy featuring a just distribution while maintaining the essential structures of competitive capitalism.

Type
Research Article
Information
Journal of the History of Economic Thought , Volume 24 , Issue 4 , December 2002 , pp. 443 - 449
Copyright
Copyright © The History of Economics Society 2002

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References

REFERENCES

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