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The Jevonian Revolution in International Trade Theory

Published online by Cambridge University Press:  11 June 2009

John Aldrich
John Aldrich
Affiliation:
Department of Economics, University of Southampton, Southampton, SO17 1BJ, United Kingdom.
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Extract

There was no Jevonian revolution in international trade theory. The new ideas of marginal analysis entering British economics in the late nineteenth century seem to have left the field untouched. According to Schumpeter (1954, p. 609), Marshall “did not do more than polish and develop Mill's meaning … Edgeworth's famous restatement added many interesting details but also did not go beyond Mill in fundamentals.”

Type
Research Article
Information
Journal of the History of Economic Thought , Volume 22 , Issue 1 , March 2000 , pp. 65 - 84
Copyright
Copyright © The History of Economics Society 2000

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