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Latest comment: 13 years ago by 85.40.209.178 in topic Dubious

Samuelson's proposition

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"Samuelson's earlier proposition that heterogenous capital could be treated as a single capital good, homogeneous with the consumption good, through a "surrogate production function" turned out to be mistaken." Contra mainstream theory? Mistaken how?  Preceding unsigned comment added by 74.139.102.253 (talk) 21:44, 27 October 2006 (UTC)Reply

Dubious

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"However recent economic research has invalidated that theory, since Solow did not properly consider changes in both investment and labor inputs."

No. 85.40.209.178 (talk) 16:23, 1 May 2013 (UTC)Reply