Jevonian revolution
(en)
named after William Stanley Jevons, though referring to a shift in economic thought to which many contributed; switch from a focus to class-based analysis to using individual consumers as the basis
The Jevonian revolution definitively ended the hold of "who gets what," class-based analysis in orthodox economics, and instead consecrated the individual "consumer" as the unit of analysis.
notable
7 years, 4 months ago