Does anyone know the origin of the term "neo-classical" economics?
A student in my History of Economic Thought class asked me last week:
"if the two theories are so different (classical and neo-classical), why
is the later one called 'neo-classical'? Why isn't it called something
completely different. It is an interesting question and I
can't remember where the term originated. Can anybody help me?
Thanks in advance.
Comradely,
Fred