Economic theory of human resources C.2

This book is a reassessment of both classical and neo-classical economists having special regard to the theory of human resources, and establishes that they, with the exception of Marx, strove to offer a defense for the power status structure of their time. It shows how even the neo-classical economics of Marshall could not be freed from a search of that defense of the ongoing power-status arrangement. The theme of the book is how the theory of human resources, embellished by the law of diminishing returns, moulded the thoughts of economists since Smith to fulfill the tasks to which the classical economists and Marshall had addressed themselves to, and how the origin and development of optimum theory of population marked the breaking away of economics from the classical stranglehold but at the cost of ushering economists into an age where they lost touch with the objective forces at work in the community of resources,