The abiding weakness of all schools of economics, ever since the Classicals ... they employ a so-called “Leontief production function”, in which the ratio between capital and labour is ...

This is an appeal to the subscribers, contributors, advertisers and well-wishers of Economic and Political Weekly (EPW), published by Sameeksha Trust, a public charitable trust registered with the ...

Students of economics are well acquainted with production ... among other things. With this new production function in hand, economists can properly account for nature’s contributions to growth.