Marginal - Cost Price -Output Control : : A Critical History and Restatement of the Theory / / Burnham Putnam Beckwith.

• Superior document: Title is part of eBook package: De Gruyter Columbia University Press eBook-Package Archive 1898-1999
• VerfasserIn: Beckwith, Burnham Putnam,
• Place / Publishing House: New York, NY : : Columbia University Press, , [1955]; ©1955
• Year of Publication: 1955
• Language: English
• Physical Description: 1 online resource (284 p.)

Discusses the theory that price and/or output is ideal when price equals marginal cost through an analysis of individual economic problems.

Table of Contents

Frontmatter -- Acknowledgments -- Contents -- I. Introduction -- A Note on Terminology -- Part One. History of the Theory of Marginal-Cost Price-Output Control -- II. The First Foreshadowings of Marginal-Cost Price-Output Theory, 1885 to 1923 -- III. Marshall’s Tax-Subsidy Proposal -- IV. The First Statements of the Theory of Marginal-Cost Control – Socialist Price-Output Theory from 1933 to 1939 -- V. The Application of Marginal-Cost Price-Output Theory to Railroad and Public Utility Rate Theory, 1938 to 1947 -- VI. The Development of Marginal-Cost Price-Output Theory as a General Price-Output Theory, 1942 to 1950 -- Part Two. A Restatement of Marginal-Cost Price-Output Theory -- VII. The Pure Theory of Marginal-Cost Price-Output Control -- VIII. The Pure Theory of Optimum Investment in Fixed Capital -- IX. Methods of Financing Ideal Deficits -- X. The Application of Marginal-Cost Price-Output Theory -- XI. The General Economic Effects of Ideal Price-Output Control and Investment -- Bibliography -- Index