Talk:John Bates Clark

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Copyright problem removed[edit]

One or more portions of this article duplicated other source(s). The material was copied from: http://homepage.newschool.edu/het/profiles/clark.htm. Infringing material has been rewritten or removed and must not be restored, unless it is duly released under a compatible license. (For more information, please see "using copyrighted works from others" if you are not the copyright holder of this material, or "donating copyrighted materials" if you are.) For legal reasons, we cannot accept copyrighted text or images borrowed from other web sites or published material; such additions will be deleted. Contributors may use copyrighted publications as a source of information, but not as a source of sentences or phrases. Accordingly, the material may be rewritten, but only if it does not infringe on the copyright of the original or plagiarize from that source. Please see our guideline on non-free text for how to properly implement limited quotations of copyrighted text. Wikipedia takes copyright violations very seriously, and persistent violators will be blocked from editing. While we appreciate contributions, we must require all contributors to understand and comply with these policies. Thank you. VernoWhitney (talk) 12:45, 23 September 2010 (UTC)[reply]

Capitalism Redefined?[edit]

There is a serious error and omission about this writer on the macroeconomics subject of capitalism. In Adam Smith's work (Wealth of Nations) the functions of a capitalist are shown to include the ownership and use of land which is not regarded as capital. David Ricardo supported and added to this view. However John Bates Clark to an opposing view and combined the activities of capitalism to include those of land ownership. In this he did the earlier writers as well as Henry George, a great dis-service because the special properties of land are different from those of durable capital goods, which up to that time were regarded as capital.

Somehow, possibly due to political forces, this later description of Capitalism has eclipsed that of what capital really consists and as a result the effectiveness of analysis in describing our macroeconomics has faltered. Only recently has this error been partly rectified because in many modern and earlier books describing macroeconomics, the landowner's function within our social system has largely been ignored. The e-mail reference to the source of this poor description is apparently being withheld due to some patent or copyright limitation, so it is impossible to correct it.Macrocompassion (talk) 09:56, 19 April 2015 (UTC)[reply]

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The redirect John B. Clark has been listed at redirects for discussion to determine whether its use and function meets the redirect guidelines. Readers of this page are welcome to comment on this redirect at Wikipedia:Redirects for discussion/Log/2024 April 1 § John B. Clark until a consensus is reached. Hog Farm Talk 00:47, 1 April 2024 (UTC)[reply]