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?
Saturday, July 12, 2008
Odd Quote of the Day
From Rational Choice by Andrew Hindmoor:
Posted by David at 10:13 AM