Distribution: Neo-Classical

  • Allan J. Braff
Part of the Recent Economic Thought Series book series (RETH, volume 12)


The marginalist writings of Jevons [1871], Walras [1874], and Menger [1871], early in the decade of the 1870s, represent the beginnings of the neo-classical paradigmatic shift from the classical orthodoxy of Smith, Ricardo, Mill, Marx, and others, whose work represents the thesis to which the triumvirate who compose the ‘‘marginal revolution” of the 1870s (Jevons, Walras, and Menger) posed their antithesis.


Income Distribution Technical Change Marginal Utility Marginal Productivity Technical Progress 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. Blaug, M. (1978). Economic Theory in Retrospect, 3rd edition. Cambridge: Cambridge University Press.Google Scholar
  2. Bronfenbrenner, M. (1971). Income Distribution Theory. Chicago: Aldine, Atherton.Google Scholar
  3. Bronfenbrenner, M. (1985). Marginal productivity, a rehabilitation. In G.R. Feiwel (ed.), Issues in Contemporary Economics & Distribution. Albany, NY: State University of New York Press.Google Scholar
  4. Chamberlin, E.H. (1932). The Theory of Monopolistic Competition. Cambridge, MA: Harvard University Press.Google Scholar
  5. Clark, J.B. (1899). The Distribution of Wealth. New York: Macmillan.Google Scholar
  6. Clark, J.M. (1951). A.E.A. Reading in the Theory of Income Distribution. Home-wood, IL: Irwin.Google Scholar
  7. Cobb, C.W., and Douglas, P.H. (1928). A theory of production. American Economic Review (May).Google Scholar
  8. Dobb, M. (1973). Theories of Value and Distribution. Cambridge: Cambridge University Press.CrossRefGoogle Scholar
  9. Edgeworth, F.Y. (1881). Mathematical Psychics. London: Kegan Paul.Google Scholar
  10. Flux, A.W. Review of Wicksteed’s 1894 Essay on the Laws of Distribution, reprinted in Baumöl and Goldfield(eds.), (1968). Precursors in Mathematical Economics. London: London School of Economics and Political Sciences.Google Scholar
  11. Harrod, R.F. (1948). Towards A Dynamic Economics. London: Macmillan.Google Scholar
  12. Hicks, J.R. (1932). Theory of Wages. London: Macmillan.Google Scholar
  13. Hicks, J.R.. (1946). Value and Capital, 2nd edition. Oxford: Oxford University Press.Google Scholar
  14. Jevons, W.S. (1871). Theory of Political Economy. London: Macmillan.Google Scholar
  15. Johnson, H. (1973). The Theory of Income Distribution. London: Gray-Mills.Google Scholar
  16. Kaldor, N. (1985). Economics Without Equilibrium. Armonk, NY: M.E. Sharpe.Google Scholar
  17. Kravis, I. (1959). Relative income shares in fact and theory. American Economic Review (December).Google Scholar
  18. Kuznets, S. (1959). Quantitative aspects of the economic growth of nations, IV: Distribution of national income by factor shares. Economic Development and Cultural Change (April).Google Scholar
  19. Kuznets, S. (1955). Economic growth and income inequality. American Economic Review (March).Google Scholar
  20. Malinvaud, E. (1977). The Theory of Unemployment Reconsidered. Oxford: Basil Blackwood.Google Scholar
  21. Marshall, A. (1890). Principles of Economics, 8th edition. London: Macmillan.Google Scholar
  22. Menger, Carl. (1870). Grundsatze der Volkswertschafts lehre, Vol. I, Reprint No. 17. London: London School of Economics.Google Scholar
  23. Mitchell, Wesley C. (1949). Lecture Notes on Types of Economic Theory. New York: Augustus M. Kelley.Google Scholar
  24. Pigou, A.C. (1932). Economics of Welfare, 4th edition. London: Macmillan.Google Scholar
  25. Robinson, J. (1933). Economics of Imperfect Competition. London: Macmillan.Google Scholar
  26. Robinson, J. (1937–38). The classification of invention. Review of Economic Studies, reprinted in A.E.A. Readings in Income Distribution. Philadelphia: Blakiston, 1951, 175–180.Google Scholar
  27. Robinson, J. (1953–54). The production function and the theory of capital. Review of Economic Studies, 1953–54. Also in Collected Economic Papers, Vol. II. Oxford: Blackwell, 1980.Google Scholar
  28. Robinson, J., and Eatwell, J. (1973). An Introduction to Modern Economics. London: McGraw-Hill.Google Scholar
  29. Samuelson, P. (1962). Parable and realism in capital theory: the surrogate production function. Review of Economic Studies 39: 193–206.CrossRefGoogle Scholar
  30. Schumpeter, J. (1954). A History of Economic Analysis. Homewood, IL: Irwin.Google Scholar
  31. Solow, R.H. (1957) Technical change and the aggregate production function. Review of Economics and Statistics, 39 (August): 312–320.CrossRefGoogle Scholar
  32. Solow, R.H. (1966). Review of J.R. Hicks’ Capital and Growth. American Economic Review, 56, (December): 1257–1260.Google Scholar
  33. Sraffa, P. (1960). Production of Commodities by Means of Commodities. Cambridge: Cambridge University Press.Google Scholar
  34. Stigler, George J. (1941). Production and Distribution Theories. New York: Macmillan.Google Scholar
  35. Stigler, George J. (1947). Stuart Wood and the marginal productivity theory. Quarterly Journal of Economics 61 (August): 640–649.CrossRefGoogle Scholar
  36. Tobin, J. (1985). Neo-classical theory in America: J.B. Clark and Fisher. American Economic Review 35 (December): 28–38.Google Scholar
  37. Walras, L. (1890). Elements of Pure Economics. Translated by W. Jaffe. London: Allen & Unwin, 1954.Google Scholar
  38. Walters, A.A. (1963). Production and cost functions: an econometric survey. Econometrica (Jan.-April).Google Scholar
  39. Wicksell, K. (1900). On marginal productivity as the basis for economic distribution. Ekonomisk Tedsksift II.Google Scholar
  40. Wicksell, K. (1901). Lectures on Political Economy. Translated by E. Classen from second Swedish edition 1911. London: Routledge, 1934.Google Scholar
  41. Wicksteed, P.H. (1894). An Essay on the Coordination of the Laws of Distribution. London: Macmillan.Google Scholar
  42. Wieser, F. von (1889). Natural Value. London: Macmillan, 1893.Google Scholar
  43. Wood, Stuart (1889). The theory of wages. Publication of the American Economic Association, No. 4.Google Scholar

Copyright information

© Kluwer Academic Publishers 1988

Authors and Affiliations

  • Allan J. Braff

There are no affiliations available

Personalised recommendations