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Quarterly Journal of Economics Vol. 29 No. 1 1914

Specific Productivity

Walter M. Adriance

Princeton University

Abstract

The argument for productivity as the determinant of distributive shares, 149. — Preliminary criticism, 151. — The main argument for specific productivity rests upon a truism, 152. — The impossibility of isolating specific productivity, 155. — The mathematical error in the method of isolating specific productivity, 158. — The two schools of value theorists, 162. — The psychological theory of value; a safeguard against the dangers in productivity reasoning, 163. — The surrender of the social implications of the productivity thesis, 166. — The element of truth in the specific productivity concept, 168. — Conclusion, 174.

DOI
10.2307/1885300
Volume
29
Issue
1
Pages
149
Sources
openalex crossref

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