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2010-04-12
After I finished reading chapters of value and demand and supply of Mill's book, I show more will to put Mill on Neo-classical school cause he use the subjective view to construct the demand curve and give out the law of demand and supply like Marshall's. What I've found is that first Mill use the concept "value in exchange=limit(value in use)" and because different people have different value in use thus they give out different value in exchange therefore it will induct the demand curve. The only difference between Mill and Jevons is he didn't use the concept of marginal. That is my thought and I am glad to discuss about it. Will you put Mill in Neo-classcial school?
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