A Power Theory of Personal Income Distribution — Blair Fix (2017, York University)

ABSTRACT: Due in no small part to the work of Thomas Piketty, the empirical study of income inequality has flourished in the last decade. But this plethora of new data has not led to a corresponding theoretical revolution. Why? The problem, I believe, is an unwillingness to question and test the basic assumptions on which current theory rests. Most…

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Theory of Factor Pricing in Hindi (Theory of Distribution)

In the previous video, have discussed about the Factors of Production i.e. Land, Labour, Capital and Entrepreneur. In this video we will discuss about the meaning and definition of factor pricing (theory of distribution). Then in the upcoming video we will discuss different theories of factor pricing like marginal productive theory. For Business / Promotion Related Queries, contact at…

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