The 19th century marginalist revolution, led by Alfred Marshall and others, has indeed become the dominant methodology of today’s economics profession. This book presents that methodology with numerous examples drawn from the world of industry in an easy to read style that requires no previous knowledge of the subject.
Its title is intentionally irreverent. Concepts are presented in a manner that is virtually identical to the way they are explained by those who do regard them to be the gospel of the discipline. The profession today, however, often emphasizes rigor over relevance and does not adequately address economic problems in need of solution. The word “marginal” has (at least) two meanings. It is often defined as “of questionable value” or as “of dubious significance”. Most economists use it to mean “change”, especially a small change that can have important results. From this group comes the phrase “reasoning at the margin”. It is up to the reader to decide which of the two meanings best pertains to the material presented in this book.
|Author||Joseph E. Pluta|
|Publisher||CAT Publishing Company|
Where to Find:
- CAT Publishing Company, Palo Cedro California