CLARK, John Bates, & Franklin H. Giddings.

£550 · Offered by Peter Harrington · No longer available

The Modern Distributive Process. First edition in book form of this important precursor to Clark's The Distribution of Wealth (1899), originally serialized in the Political Science Quarterly. "Reference should also be made to the important series of complementary articles by the author and F. H. Giddings on The Modern Distributive Process... These four 'studies of the process by which the income of modern society is divided among its principal claimants' lead to complementary conclusions which were established independently and before joint publication had been decided upon. Clark writes on 'The Limits of Competition' and on 'Profits under Modern Conditions', and Giddings on 'The Persistence of Competition' and on 'The Natural Rate of Wages'" (Batson).

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