Keeping Land in Capital Theory.

Most economists today live in a two-factor world: There is just labor and capital. Land, so central to classical political economy, has been swallowed into capital and “disappeared.” This paper surveys some of the better historical treatments of land and capital, their interrelations, and how they s...

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Publicado en:American Journal of Economics & Sociology Vol. 67; no. 1; pp. 119 - 142
Autor principal: Gaffney, Mason
Formato: Artículo
Publicado: Wiley-Blackwell January 2008
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Acceso en línea:Ver este registro en EBSCOhost
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      su:
        George, Henry, 1839-1897
        Mathematical models of capital
        Land value taxation
      sug:
        subj:
          Mathematical models of capital
          Land value taxation
          George, Henry, 1839-1897
      ab: Most economists today live in a two-factor world: There is just labor and capital. Land, so central to classical political economy, has been swallowed into capital and “disappeared.” This paper surveys some of the better historical treatments of land and capital, their interrelations, and how they support modern Georgists and Greens who want land to reappear. Reprinted by permission of the publisher.
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