The marginal revolution shifted economics' object of knowledge from material wealth to utility, understood as the capacity of material objects or immaterial services to satisfy desires, wants, or needs.
Evidence (3)
What counts as productive? Redefining ‘producers’ in economic discourse, 1890–1960 — Post-marginal-revolution contestation: utility expands the producer boundary, but competing frames persist
the object of knowledge for economists shifted from the production and distribution of wealth , where wealth is conceived of as material goods, to the satisfaction of utility
https://doi.org/10.1080/03085147.2024.2404355#unit-5-p1
What counts as productive? Redefining ‘producers’ in economic discourse, 1890–1960 — Post-marginal-revolution contestation: utility expands the producer boundary, but competing frames persist
the object of knowledge for economists shifted from the production and distribution of wealth , where wealth is conceived of as material goods, to the satisfaction of utility
https://doi.org/10.1080/03085147.2024.2404355#unit-5-p1
What counts as productive? Redefining ‘producers’ in economic discourse, 1890–1960 — Post-marginal-revolution contestation: utility expands the producer boundary, but competing frames persist
the object of knowledge for economists shifted from the production and distribution of wealth , where wealth is conceived of as material goods, to the satisfaction of utility
https://doi.org/10.1080/03085147.2024.2404355#unit-5-p1
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