Economics Dictionary of ArgumentsHome
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| Cambridge Capital Controversy - Economics Dictionary of Arguments | |||
| Cambridge Capital Controversy: The Cambridge Capital Controversy was a debate between economists from Cambridge, UK (e.g., Joan Robinson, Piero Sraffa) and Cambridge, US (e.g., Paul Samuelson) in the 1950s–70s. It questioned the neoclassical concept of aggregate capital, highlighting issues like reswitching and capital reversing, ultimately challenging the validity of marginal productivity theory in determining income distribution. See also Capital theory, Capital structure, Production theory, Neo-Keynesianism, Neo-Neoclassicals._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
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| Harcourt, Geoffrey C. | Cambridge Capital Controversy | Harcourt, Geoffrey C. | |
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Authors A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Concepts A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Ed. Martin Schulz, access date 2025-07-18 | |||
