ABSTRACT
In the first chapter we cast the problem of interpreting the place of founding Austrian microeconomics in the ‘neoclassical’ movement from the 1870s in terms of trying to pin down a moving target. The formative years in the development of neoclassical microeconomic theory from the so-called ‘marginal revolution’ of the 1870s through to advanced twentieth-century refinements in the present always allowed a place for an Austrian branch.
