Dilemmas in economic theory : persisting foundational problems of microeconomics

Dilemmas in economic theory : persisting foundational problems of microeconomics / Michael Mandler.

By examining the development of economics in the 20th century, this book argues that the breakthroughs of post-World War II general equilibrium theory and its rejection of utilitarianism and marginal productivity have been misunderstood.

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Bibliographic Details
Main Author: Mandler, Michael
Format: eBook
Language:English
Published: New York ; Oxford : Oxford University Press, 2001.
Subjects:
Value.
Microeconomics.
value (economic concept)
BUSINESS & ECONOMICS > Economics > Microeconomics.
Microeconomics
Value
Online Access:Click for online access
Table of Contents:
  • 1. Introduction: The Transformation of Economic Theory; 2. Marginal Productivity and the Indeterminacy of Factor Prices; 3. The Prehistory of Distribution Theory: The Wage Fund and the Invention of Marginal Productivity; 4. The Ordinal Revolution; 5. Historical Issues in Preference Theory: Cardinality and the Transition to Ordinalism; 6. Paretian Welfare Economics; 7. A Positive Rate of Interest?; 8. Conclusion; References; Index.

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