marginalist revolution
2 episodes mention this concept
NewEconomicThinkingSep 11, 2019Ethics & Economics: Reinserting Moral Judgment into Economic Analysis
EconomicsValue-free economicsLogic of choice under scarcityJust priceCustomary price
NewEconomicThinkingSep 11, 2019Re-evaluating Unlimited Wants and Limited Resources: A Critical Scrutiny of Robbins' Definition of Economics
EconomicsLionel Robbins' definition of economicsUnlimited wantsLimited resourcesInsatiable wants
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Related concepts
Concepts that appear alongside marginalist revolution across episodes.
- malthusian arithmetic/geometrical ratios
- rational consumer
- economic possibilities for our grandchildren
- moral restraint
- socially constructed scarcity
- social welfare function
- competitive capitalism
- economic rent
- interpersonal comparisons of utility
- diamond-water paradox
- value-free economics
- distribution of wealth
- diminishing marginal utility of money
- logic of choice under scarcity
- stewardship concept of private property
- surplus value
- natural rate of unemployment
- global welfare state
- human development index (hdi)
- insatiable wants