Description: This book contains a comprehensive treatment of the theory of production in a long-period framework. The issues dealt with include prices and income distribution, economic growth, joint production, fixed capital, scarce natural resources (both renewable and exhaustible), and heterogeneous labor. The issues are treated analytically; in addition, the book's introduction provides a history of the subject.
Review Quotes: "...a pleasure to read. By placing inherently technical subjects in historical perspective, Kurz and Salvadori have brought life to subject matter that can be tedious. This work will interest scholars in economic theory, the history of economic thought, and many other fields." Journal of Economic Literature