Schools of the marginal revolution that explained value by marginal utility and equilibrium, including neoclassical economics, the Cambridge school and the Lausanne school. A school belongs here when its cited article places it in the marginalist tradition. The group brings together the entries filed under the heading Marginalist Schools of the Late Nineteenth Century, so a reader can compare them and move from one to another within the same part of the economic field.
Browse By
Marginalist Schools of the Late Nineteenth Century
Filter Results2 entries
Sources
Neoclassical economics (Wikipedia)
WikipediaHas Member: Neoclassical Economics, LeadQuote, Has Member: Neoclassical Economics, Lead
Neoclassical economics is an approach to economics in which the production, consumption, and valuation (pricing) of goods and services are observed as driven by the supply and demand model.
HET Website, The New School for Social Research: The Cambridge Neoclassicals
HET Website, The New School for Social ResearchHas Member: Cambridge School, Opening paragraphQuote, Has Member: Cambridge School, Opening paragraph
The reign of Alfred Marshall at the University of Cambridge represented the consolidation of the Marginalist Revolution in the English-speaking world - but somewhat defanged, as the Marshallians preferred to integrate the works of Ricardo , Mill and other British Classical economists with the radical marginalism of Jevons , which was closer to the Continental tradition of the Lausanne and Austrian Schools.
Reader Challenges (0)
No disputes yet. Spotted an error or a better source? Open the first one.
Sign in to dispute this or suggest a correction.