Income distributive justice is a political subjective phrase related to an income distribution rather than to a scientific issue. Most people believe that income inequality should be as small as possible. Nevertheless, it is understood that a certain gap between the rich and the poor is necessary to stimulate competition

The Kaldor-Pasinetti equation has a much deeper meaning than is commonly believed. It describes the fair distribution of total income between capitalists and workers.

The issues, which Uzawa (1961, 1963) examined, emerged as an extension of the seminal Solow-Swan neoclassical growth model.

The idea of market efficiency is used to describe a market in which relevant information is rapidly incorporated into the asset prices so that investors cannot expect to earn abnormal profits from their investment strategies.

Many people use the word 'productivity' because it is a household word. However, for different people it means different things. The definition of productivity is complex and it has been defined in a number of ways, but all have in common the feature of relating an output measure to an