Alfred Marshall's Principles of Economics, Book 6: The Distribution of National Income is a comprehensive and insightful examination of the ways in which national income is distributed within an economy. Marshall's thorough analysis provides readers with a clear understanding of the various factors that influence the distribution of income, including the roles of labor, land, and capital.
One of the strengths of Marshall's book is its clarity and accessibility. Despite the complexity of the subject matter, Marshall's writing is clear and easy to follow, making it an excellent resource for students and professionals alike. The book is also well-organized, with each chapter building upon the last to provide a comprehensive overview of the topic.
In addition to its accessibility, Marshall's book is also notable for its depth of insight. Marshall draws upon his extensive knowledge of economics to provide detailed explanations of the various theories and concepts related to income distribution. His analysis is rigorously researched and supported by numerous examples and case studies, making it a valuable resource for anyone looking to deepen their understanding of this important topic.
Overall, Principles of Economics, Book 6: The Distribution of National Income is an essential read for anyone interested in economics or the distribution of income. Alfred Marshall's thorough analysis and accessible writing style make this book a valuable resource for students, professionals, and anyone looking to deepen their understanding of the factors shaping national income distribution.
Book Description:
Principles of Economics is a leading economics textbook by Alfred Marshall (1842-1924), first published in 1890. Marshall began writing the Principles of Economics in 1881 and he spent much of the next decade at work on it. His plan for the work gradually extended to a two-volume compilation on the whole of economic thought.
The first volume was published in 1890 to worldwide acclaim that established him as one of the leading economists of his time. It brought the ideas of supply and demand, of marginal utility and of the costs of production into a coherent whole, and became the dominant economic textbook in England for a long period. The second volume, which was to address foreign trade, money, trade fluctuations, taxation, and collectivism, was never published at all. (Wikipedia)
This reading is based on the eighth edition, published in 1920.