Thursday, 1 November 2018

Being neoclassical before it was cool to be neoclassical: the case of the theory of the firm

This essay looks at the contribution made by pre-1870 writers to what would later become the neoclassical theory of the firm. In particular it briefly considers the work of Dionysius Lardner, Johann von Thunen, John Stuart Mill, Charles Ellet, Jr. and Antoine Augustin Cournot. The neoclassical theory of the firm should, in many ways, be more properly called the proto-neoclassical theory of the firm

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