The classical classical fallacy.

The writer rebuts the classical fallacy held by economists—including David Ricardo, Karl Marx, and Adam Smith—that said that “fixed capitals” are prejudicial to wages and the demand for labor, whereas “circulating capitals” are allegedly favorable to the real wage rate and to the demand for labor....

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Detalles Bibliográficos
Publicado en:Journal of Economic Literature Vol. 32; pp. 620 - 640
Autor principal: Samuelson, Paul Anthony
Formato: Artículo
Publicado: American Economic Association June 1994
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Acceso en línea:Ver este registro en EBSCOhost