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For a society such as the one described above I was interested in deriving equilibrium distributions of various kinds and make some tests of the distributions found against data for different countries. I have studied the following types of distributions a) Income distribution b) Functional distribution of income c) Size distributions of firms.
During the last fifteen years certain very fundamental aspects of economic theory have been very actively debated. In this debate certain important foundations of economic theory have been criticized which are specifically important for understand ing price formation and income distribution.
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