Rau, Hermann and Roscher: contributions of German economics around the middle of the nineteenth century

The main contributions to the now much neglected, though highly innovative proto-neoclassical tradition of German economics during the middle two quarters of the nineteenth century are surveyed. Particularly stressed are the creation of a subjective demand analysis with an 'objective', i.e. costorientated supply analysis with a rising long-run supply curve (foreshadowing Marshall); and furthermore the full development of marginal productivity analysis of factor remuneration, not only by Thuenen.