Basically a bunch of French engineers started to develop an interest in the market theories that were going around in like 1890 and they started drawing weird curves and functions. Later they called it the “marginal revolution” and claimed to bring unbiased, rational, scientific thinking into economics. Of course this vibed well with neoliberalism, flash forward 100 years and now this shit is the ONLY economics we have left. Some math nerd in a terrible suit telling you you have to starve because “markets”.
Basically a bunch of French engineers started to develop an interest in the market theories that were going around in like 1890 and they started drawing weird curves and functions. Later they called it the “marginal revolution” and claimed to bring unbiased, rational, scientific thinking into economics. Of course this vibed well with neoliberalism, flash forward 100 years and now this shit is the ONLY economics we have left. Some math nerd in a terrible suit telling you you have to starve because “markets”.
Here’s a major proponent: https://en.m.wikipedia.org/wiki/L%C3%A9on_Walras