IDEAS home Printed from https://ideas.repec.org/a/sae/anname/v409y1973i1p102-111.html
   My bibliography  Save this article

The Fall of the House of Efficiency

Author

Listed:
  • Edward J. Nell

Abstract

Under competitive conditions, in capitalist and market-socialist societies, income is said to be paid in approxi mate proportion to productive contributions. This doctrine is the rock upon which the House of Efficiency is built. The geology implicit in the reswitching controversy suggests that this rock is sedimentary, indeed, loosely packed sandstone. As the rock crumbles in the harsh Cambridge weather, it re veals the outline of the real forces determining the distribution of income.

Suggested Citation

  • Edward J. Nell, 1973. "The Fall of the House of Efficiency," The ANNALS of the American Academy of Political and Social Science, , vol. 409(1), pages 102-111, September.
  • Handle: RePEc:sae:anname:v:409:y:1973:i:1:p:102-111
    DOI: 10.1177/000271627340900111
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/000271627340900111
    Download Restriction: no

    File URL: https://libkey.io/10.1177/000271627340900111?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:anname:v:409:y:1973:i:1:p:102-111. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.