The Austrian theory of the "marginal use" is restated and extended. It is found that the Austrian concept of marginal …

on his approach to measurement and theory. The paper closes with the transcription of a brief autobiographical talk by …

theory. Finally, a focus on efficiency leads economists to ask questions that other social sciences ignore. These ingredients …

This essay reviews the development of neoclassical growth theory, a unified theory of aggregate economic phenomena that … was first used to study business cycles and aggregate labor supply. Subsequently, the theory has been used to understand …—evidence that the theory has a life of its own, directing researchers to essentially the same conclusions when they apply its …

theory. Finally, a focus on efficiency leads economists to ask questions that other social sciences ignore. These ingredients …

randomized controlled trials (RCTs) to accumulate credible knowledge of what works, without over-reliance on questionable theory …