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Meaning of "marginalist" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF MARGINALIST

marginalist  [ˈmɑːdʒɪnəlɪst] play
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GRAMMATICAL CATEGORY OF MARGINALIST

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Marginalist is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES MARGINALIST MEAN IN ENGLISH?

Marginalism

Marginalism is a theory of economics that attempts to explain the discrepancy in the value of goods and services by reference to their secondary, or marginal, utility. The reason why the price of diamonds is higher than that of water, for example, owes to the greater additional satisfaction of the diamonds over the water. Thus, while the water has greater total utility, the diamond has greater marginal utility. The theory has been used in order to explain the difference in wages among essential and non-essential services, such as why the wages of an air-conditioner repairman exceed those of a childcare worker. The theory arose in the mid-to-late nineteenth century in response to the normative practice of classical economics and growing socialist debates about social and economic activity. Marginalism was an attempt to raise the discipline of economics to the level of objectivity and universalism so that it would not be beholden to normative critiques. The theory has since come under attack for its inability to account for new empirical data.

Definition of marginalist in the English dictionary

The definition of marginalist in the dictionary is one who adheres to marginalism.

WORDS THAT RHYME WITH MARGINALIST


analyst
ˈænəlɪst
constitutionalist
ˌkɒnstɪˈtjuːʃənəlɪst
conversationalist
ˌkɒnvəˈseɪʃənəlɪst
criminalist
ˈkrɪmɪnəlɪst
educationalist
ˌɛdjʊˈkeɪʃənəlɪst
finalist
ˈfaɪnəlɪst
functionalist
ˈfʌŋkʃ ənəlɪst
internationalist
ˌɪntəˈnæʃənəlɪst
journalist
ˈdʒɜːnəlɪst
nationalist
ˈnæʃənəlɪst
nominalist
ˈnɒmɪnəlɪst
panellist
ˈpænəlɪst
photojournalist
ˌfəʊtəʊˈdʒɜːnəlɪst
psychoanalyst
ˌsaɪkəʊˈænəlɪst
quarter-finalist
ˌkwɔːtəˈfaɪnəlɪst
rationalist
ˈræʃənəlɪst
semifinalist
ˌsɛmɪˈfaɪnəlɪst
traditionalist
trəˈdɪʃənəlɪst
ultranationalist
ˌʌltrəˈnæʃənəlɪst
virginalist
ˈvɜːdʒɪnəlɪst

WORDS THAT BEGIN LIKE MARGINALIST

margent
margherita
margin
marginal
marginal costing
marginal probability
marginal seat
marginalia
marginalisation
marginalism
marginality
marginalization
marginalize
marginally
marginate
margination
margosa
margravate
margrave
margravial

WORDS THAT END LIKE MARGINALIST

A list
brutalist
capitalist
centralist
environmentalist
fundamentalist
generalist
hospitalist
idealist
mentalist
minimalist
naturalist
Orientalist
realist
removalist
sensationalist
serialist
socialist
specialist
surrealist
vocalist

Synonyms and antonyms of marginalist in the English dictionary of synonyms

SYNONYMS

Translation of «marginalist» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF MARGINALIST

Find out the translation of marginalist to 25 languages with our English multilingual translator.
The translations of marginalist from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «marginalist» in English.

Translator English - Chinese

边际
1,325 millions of speakers

Translator English - Spanish

marginalista
570 millions of speakers

English

marginalist
510 millions of speakers

Translator English - Hindi

marginalist
380 millions of speakers
ar

Translator English - Arabic

marginalist
280 millions of speakers

Translator English - Russian

маржиналистская
278 millions of speakers

Translator English - Portuguese

marginalista
270 millions of speakers

Translator English - Bengali

প্রান্তিক
260 millions of speakers

Translator English - French

marginaliste
220 millions of speakers

Translator English - Malay

Marjinalis
190 millions of speakers

Translator English - German

marginalistischen
180 millions of speakers

Translator English - Japanese

、限界
130 millions of speakers

Translator English - Korean

marginalist
85 millions of speakers

Translator English - Javanese

Marginalist
85 millions of speakers
vi

Translator English - Vietnamese

Marginalist
80 millions of speakers

Translator English - Tamil

marginalist
75 millions of speakers

Translator English - Marathi

मागासलेला
75 millions of speakers

Translator English - Turkish

marjinalist
70 millions of speakers

Translator English - Italian

marginalista
65 millions of speakers

Translator English - Polish

marginalistyczna
50 millions of speakers

Translator English - Ukrainian

маржиналистская
40 millions of speakers

Translator English - Romanian

marginalist
30 millions of speakers
el

Translator English - Greek

marginalist
15 millions of speakers
af

Translator English - Afrikaans

marginalistische
14 millions of speakers
sv

Translator English - Swedish

marginalistiska
10 millions of speakers
no

Translator English - Norwegian

marginalist
5 millions of speakers

Trends of use of marginalist

TRENDS

TENDENCIES OF USE OF THE TERM «MARGINALIST»

The term «marginalist» is used very little and occupies the 165.708 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Rarely used
23
/100
The map shown above gives the frequency of use of the term «marginalist» in the different countries.
Principal search tendencies and common uses of marginalist
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «marginalist».

FREQUENCY OF USE OF THE TERM «MARGINALIST» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «marginalist» during the past 500 years. Its implementation is based on analysing how often the term «marginalist» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about marginalist

EXAMPLES

10 ENGLISH BOOKS RELATING TO «MARGINALIST»

Discover the use of marginalist in the following bibliographical selection. Books relating to marginalist and brief extracts from same to provide context of its use in English literature.
1
Socialism and the Market: Marginalist economics and the ...
Socialism and the Market The Socialist Calculation Debate Revisited Volume IV Selected by Peter J. Boettke Marginalist Economics and the Socialist Economy London and New York First published 2000 by Routledge 1 1 New Fetter Lane,
Peter J. Boettke, 2000
2
The Wealth of Ideas: A History of Economic Thought
The 'marginalist revolution': an overview The term 'marginalist revolution' is commonly utilised to indicate a sudden change of direction in economic science, with the abandonment of the classical – and, more precisely, Ricardian – approach, ...
Alessandro Roncaglia, 2005
3
Italian Economists of the 20th Century
In the Preface to his Production of Commodities by Means of Commodities Piero Sraffa ( 1 960) remarked that the propositions of the book were 'designed to serve as a basis for a critique of [the marginalist theory of value and distribution]'.
Ferdinando Meacci, 1998
4
Social Theory, Its Situation and Its Task
Marginalist efficiency could just not be taken as an effective guide to the making of collective wealth or welfare. What is still less widely recognized is that these limitations result directly from the lack of a way to deal with the relation between ...
Roberto Mangabeira Unger, 1987
5
The Mellon Tax Plan: The Income Tax and the Penetration of ...
The public debate over the Mellon tax plan explored the purposes of taxation and the benefits of capital in an industrial democracy and changed popular attitudes.
Mary Susan Murnane, 2006
6
Marx, Marginalism and Modern Sociology: From Adam Smith to ...
6. The. Marginalist. Revolution: Economics. and. Sociology. The marginalist revolution The marginalist revolution was pioneered by three writers who initially worked independently of one another, but whose work had many convergent ...
Simon Clarke, 1982
7
Against Mechanism: Protecting Economics from Science
'...the history of economic theory at its best.'-EASTERN ECONOMIC JOURNAL
Philip Mirowski, 1992
8
The Big Three in Economics: Adam Smith, Karl Marx, and John ...
The early 1 870s — and especially the year 1871 — was a similar time, marking the period in which three economists independently discovered the principle of marginal subjective utility and ushered in the "neoclassical" marginalist revolution.
Mark Skousen
9
Post Keynesian Price Theory
For the purpose of this book, ``theoretical development'' is de®ned as those developments which remove marginalist concepts and ideas from the doctrine, develop the doctrine's non-marginalist ideas and concepts, and introduce into the  ...
Frederic S. Lee, 1999
10
Piero Sraffa's Political Economy: A Centenary Estimate
Criticisms, however—or the premises for a critique—of the marginalist theory of value and distribution can be perfectly well advanced, studied and discussed referring to one particular case of marginalist theory itself, namely that of constant  ...
Terenzio Cozzi, Roberto Marchionatti, 2002

10 NEWS ITEMS WHICH INCLUDE THE TERM «MARGINALIST»

Find out what the national and international press are talking about and how the term marginalist is used in the context of the following news items.
1
Do Locavores Have a Dilemma?
... but he underpins his research with “marginalist” assumptions. Specifically, he calculates the resources that would be needed to produce corn, soy, and dairy ... «Dollars & Sense, Jul 15»
2
Controlling interest rate: Is it a good idea?
These ideas are known as 'Marginalist Ideas' in economics. These' Marginalist Ideas' are the foundation of modern economic theory of interest ... «Financial Express Bangladesh, Jun 15»
3
Does Robert Reich Actually Understand Any Economics At All?
That first thing actually coming as a result of the marginalist revolution which is, ooh, some 140 years old by now. Time enough for it to sink in ... «Forbes, Mar 15»
4
Now Available: 'A Treatise on Money' by Luis de Molina
... traveled on back roads into the nineteenth century where they influenced the Austrian school and the marginalist revolution in economics. «Acton Institute, Feb 15»
5
Liberalism Doesn't Start With Liberty
Business liberals—marginalist economists and vocal members of the business press like Walter Bagehot, the British editor of The ... «The Nation., Dec 14»
6
ETHIOPIA: THE CONUNDRUM OF ILLICIT FINANCIAL FLOWS
Mirroring a utilitarian marginalist approach, Ian King suggested, “Deceive only if you can change behavior in a way worth more than the trust ... «Nazret.com, Nov 14»
7
The State is No Friend of the Worker
By this definition, even an adherent of subjectivist and marginalist Austrian economics could have qualified as a socialist. (See my article ... «Reason, Oct 14»
8
The fight to reform Econ 101
... economics is taught in the vast majority of departments in the U.S. and Europe: what is usually called neoclassical or marginalist economics, ... «Al Jazeera America, Jul 14»
9
Benjamin Kunkel
In recent decades the marginalist picture of the free market as the vehicle for maximising everyone's utility – better known around the house as ... «London Review of Books, Jun 14»
10
More Desert Theory Confusion
But, as Amartya Sen notes: "There is nothing in the marginalist logic that establishes such an identification. Marginal product accounting, when ... «PolicyShop, Jun 14»

REFERENCE
« EDUCALINGO. Marginalist [online]. Available <https://educalingo.com/en/dic-en/marginalist>. Apr 2024 ».
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