Abstract
The marginal revolution saw the introduction of the idea of marginal utility into economics in the early 1870s by Jevons, Walras and Menger. This change in economic theory was a slower process than the word ‘revolution’ suggests, and, to understand the changes associated with it, it is necessary to explore the scientific, social and political context in which they occurred.
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Backhouse, R.E. (2018). Marginal Revolution. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_2237
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DOI: https://doi.org/10.1057/978-1-349-95189-5_2237
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