Saturday, July 12, 2008

Odd Quote of the Day

From Rational Choice by Andrew Hindmoor:
Along with Leon Walras and Stanley Jevons, Ludwig von Mises (1881-1973) is one of the economists usually credited with having launched the 'marginal' revolution in economics paving the way for the transition from classical to neo-classical economics.
I've never heard anyone attribute the marginal revolution to Mises, who was born a decade after the marginal revolution occurred in 1871. Can Hindmoor have meant Carl Menger, the Austrian who is most commonly cited?

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