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2021
- ISIDORE Id: 10670/1.b62be5...
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Philippe Askenazy, « The marginal productivity of labor: Theories, tools, and ideologies », Regards croisés sur l'économie, ID : 10670/1.b62be5...
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The marginal productivity of inputs—including labor—is a key concept in contemporary economic thinking and in the training of young economists. Proof of this is found in the fact that, in France, it is taught as early as high school to students specializing in Economic and Social Sciences, while many will have not yet covered derivatives or tangents in math classes! Analyses of this notion are aplenty. An exhaustive review would require a whole book. I will thus limit myself to a personal selection.
