Titlebook: Mengerian Microeconomics; The Forgotten Anglo- Ivan Jankovic Book 2020 The Editor(s) (if applicable) and The Author(s), under exclusive lic

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Book 2020 look at what mainstream economic theory might have looked like had the erasure of Mengerian Austrian price theory by Marshallian and Walrasian thoeries not taken place, and had the improvements and refinements of the Mengerian tradition, itself done by the Anglo-Saxon followers of Menger, been fully appropriated.. . .

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2662-6470 an Austrian price theory by Marshallian and Walrasian thoeries not taken place, and had the improvements and refinements of the Mengerian tradition, itself done by the Anglo-Saxon followers of Menger, been fully appropriated.. . .978-3-030-57751-3978-3-030-57749-0Series ISSN 2662-6470 Series E-ISSN 2662-6489

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,What’s Left—The Influence of the Psychological School,nce of the marginal productivity theory of Clark and Wicksteed for contemporary philosophical discussions of distributive justice, especially with regard to Robert Nozick’s classical liberal theory and many other similar arguments for the fairness of the free market system.

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Opportunity Foregone: Ango-American Psychological Theory of Cost,or explanation of the relationship between cost, price and utility to the mainstream neoclassical conception. Conventional Marshallian microeconomics regresses back to the “cost of production” theories of the classical school, by splintering the price theory into two unrelated subfields: consumer be

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The Demise of the Caldron and Laddle Model: Psychological Theory of Distribution,in emphasis on the marginal productivity theory of wages. The chapter will show how they applied marginal analysis in detail to the theory of production (and not only to consumption, as Menger and Bohm-Bawerk). J.B. Clark’s concepts of “static equilibrium” and Knights’ “perfect competition” will be