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Distinguished fellow lecture: a journey with the catallactists

John Creedy

New Zealand Economic Papers, 2021, vol. 55, issue 3, 319-331

Abstract: This lecture examines the nature of the changing focus of economics during the 19th century, which is often referred to as the ‘marginal revolution’. The change is characterised as a focus on the theory of exchange, and the beginnings of welfare economics. Attention is given to early contributions by J.S. Mill, Cournot, and Whewell, and the ‘neoclassical economists, Jevons, Marshall, Walras and Edgeworth.

Date: 2021
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DOI: 10.1080/00779954.2021.1963137

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