A novel parameterization of a two-good economic model, consumption good and capital good, enables straightforward resolution of various issues that have vexed the long Cambridge capital controversy, including the existence of single quantities for both capital quantity and capital value...

Claims made in the course of the Cambridge capital controversy about the relationships among the quantity, value, and price of capital are necessarily scalar, as all of these are scalar values, even when made in respect of capital composed of heterogeneous commodities. However, the received...