Abstract
Pareto is ungenerous towards Cournot, even if not as much as Marshall. The author thus goes on and analyses a writing by Pareto (1875) on Thornton, brought to light in 2005. Since in 1875 Pareto does not know Marshall, while he has already in mind the concept of elasticity, the a. deduces that Pareto has no intellectual debt towards Marshall for what concerns the theory of comparative costs developed by Pareto in the(1906). The a. concludes saying that Pareto recognises all his main intellectual debts, except for Cournot. Baumol and Goldfield's contrary opinion is due to a linguistic barrier.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.