Average and Marginal Labour Values are: On Log (n)—A Reply to Hagendorf
The article discusses Hagendorf's contribution to the debate on average versus marginal labour costs as a metric of economic efficiency. It criticises his assumption of rising marginal costs and compares his position to that of other authorities. It provides arguments as to why marginal labour...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Pluto Journals
2014-06-01
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| Series: | World Review of Political Economy |
| Online Access: | https://www.scienceopen.com/hosted-document?doi=10.13169/worlrevipoliecon.5.2.0258 |