Talk:Marginal use

Latest comment: 15 years ago by SlamDiego in topic gobbledook

gobbledook edit

"The usefulness of the marginal use thus corresponds to the marginal utility of the good or service."

When broken down, this is a statement of the obvious, analogous to saying "the greenness of the green apple corresponds to the green appleness of the apple." 61.88.37.85 (talk) 08:53, 5 March 2009 (UTC)Reply

No; it's not. In a sense, it should be obvious, but mainstream economics is unhinged, and has defined “utility” in a way that obscures the fact that it means usefulness. There was, in fact, an explicit objection on the talk page for “Marginal utility” by a typical economist to a claim by a good economist that if utility were quantified then it would be a measure of use. (“'Use'”, said the typical economist, “is a fundamental element in the Austrian way of defining MU, but it simply never enters into the neoclassical definition (as far as I know). The neoclassical version just starts out by ranking bundles.”)
A simple tautology whose truth is not evident to a signficant share of the audience is plainly not gobbledook. —SlamDiego←T 09:47, 5 March 2009 (UTC)Reply