On Jun 17, 2013, at 11:56 AM, Julio Huato wrote:

> Max wrote:
>
>> It's funny, but in regard to the equation of marginal product with  
>> just
>> compensation, in the 80s my micro profs told me this notion was  
>> abandoned by
>> economists before WWI.
>
> I'm trying to determine when exactly it was abandoned by the
> economists (some, obviously).  Any leads?

Pareto/"Indifference curve"--replacing cardinal with ordinal utility.

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