Demand

David Reisman

Chapter 2 in The Economics of Alfred Marshall, 1986, pp 3-43 from Palgrave Macmillan

Abstract: Abstract One night in the early 1870s the world went to sleep classical and awoke modern. The new ideas had been around for some time, and Condillac, Say, Whateley, Longfield and Gossen would, one fears, quickly have found a common language if asked to encapsulate in a word their reaction to the work of Jevons, Menger and Walras; but the fact is that the new ideas caught on in the 1870s whereas earlier they had fallen on barren ground.

Keywords: Marginal Utility; Income Effect; Real Income; Total Utility; Deductive Logic (search for similar items in EconPapers)
Date: 1986
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-08515-6_2

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DOI: 10.1007/978-1-349-08515-6_2

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