John Bates Clark

John Bates Clark(1847-1938)– American Economist

Chief works

1. Philosophy of wealth (1885)
2. Distribution of wealth (1899)
3. Capital and its earnings (1888)
4. The Control of Trust (1901)
5. Problem of Monopoly (1904)
6. Essentials of Economic Theory (1909)

Main ideas and theories

1. Criticism of classical theories
2. Marginal utility theory of value
3. Marginal productivity theory of distribution
4. Marginal productivity theory of wages
5. Factors of production
6. Static and Dynamic analysis
7. Theory of capital
8. Theory of competition