The “Marginal Revolution” in Economics
Robert U. Ayres ()
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Robert U. Ayres: INSEAD
Chapter Chapter 14 in The History and Future of Economics, 2023, pp 195-229 from Springer
Abstract:
Abstract Mark Blaug, probabl5y the most widely read economic historian of the twentieth century, as identified a shift, in economic theorizing, between a focus on economic quantities at a point i5n time, and focus on marginal rates of change over time. This shift became possible as economic time series data became available, and variables could be regarded as functions of time.
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-26208-1_14
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DOI: 10.1007/978-3-031-26208-1_14
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