The Cambridge criticism of neoclassical theory Slemmer, Heather Jo. creator Chalk, Alfred degree comittee member. Ferguson, C. E. degree supervisor. Freund, R. J. degree comittee member. McNeely, John G. degree comittee member. Texas A & M University degree granting institution. text theses Academic theses. miu 1971 monographic eng print xv, 156 ff. figures 22 cm This dissertation investigates the criticism of those in Cambridge, England, to neoclassical theory as currently taught in the U.S. Neoclassical theory teaches that there is a direct relation between the wage-rate of interest ratio and the capital-labor ratio for linearly homogeneous inputs, capital and labor, in competitive markets. As the capital-labor ratio increases, the permanently sustainable income-stream increases. The Cambridge Criticism challenges this on the grounds that the interest rate, which is unique only for one price system, must enter the valuation of heterogeneous capital-goods, and this may cause the wage-rate of interest ratio to be inversely related to the capital-labor ratio over some ranges of the production function. Therefore, as the capital-labor ratio increase, the permanently sustainable income-stream may decrease. The dissertation consists of five chapters which discuss the following topics. ... Multigraphie. Thèse. Sciences Eco. Texas University. 1971. 1970. Cambridger Schule Kapital Neoklassik Theorie Major Economics http://proxy.library.tamu.edu/login?url=http://proquest.umi.com/pqdweb?did=756271601&sid=1&Fmt=1&clientId=2945&RQT=309&VName=PQD https://hdl.handle.net/1969.1/DISSERTATIONS-173205 http://proxy.library.tamu.edu/login?url=http://proquest.umi.com/pqdweb?did=756271601&sid=1&Fmt=1&clientId=2945&RQT=309&VName=PQD https://hdl.handle.net/1969.1/DISSERTATIONS-173205 ZRL 970203 20220103135340.0 in00003831280 fre