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Article: In defence of inframarginal economics.
- Article from:
- Economic Papers - Economic Society of Australia
- Article date:
- June 1, 2006
- Author:
CopyrightCOPYRIGHT 2006 Economic Society of Australia. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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This article examines Peter Dixon's critique of Inframarginal Economics and responds to the key issues raised in that critique.
Keywords: Inframarginal economics, Economic methodology, Critique of inframarginalism, Marginal versus Inframarginal.
JEL Codes: B12, B13, B41
1 Introduction
As in the case of other disciplines, novelty in economic analysis faces scepticism and suspicion. Scepticism and suspicion serve science well. Their epistemic relevance derives from their function in differentiating Trojan Horses of pseudo-discovery from credible contributions, and from the recognition that they are generally applied consistently (there ...
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Article: Marginal vs inframarginal analysis and the theory of distribution ...
Economic Papers - Economic Society of Australia;
June 1, 2006 ;
700+ words
... ... This paper serves as a short introduction to inframarginal economics. Particular emphasis is given to the historical ... specialist, and provides a succinct introduction to inframarginal economics: its history, method, and implications ...
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