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The Social Rate of Discount and The Optimal Rate of Investment

Stephen A. Marglin
The Quarterly Journal of Economics
Vol. 77, No. 1 (Feb., 1963), pp. 95-111
Published by: Oxford University Press
Stable URL: http://www.jstor.org/stable/1879374
Page Count: 17
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The Social Rate of Discount and The Optimal Rate of Investment
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Abstract

Introduction, 95.--The authoritarian answer, 96.--The schizophrenic answer, 98.--The interdependence answer, 99.--Determining the social rate of discount, 109.--Conclusion, 111.

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