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• W2518748051 abstract "This essay argues that beneath the superficial linearity of the history of neoclassical price index theory lie important conceptual ruptures that are linked to the ordinal revolution, including a radical transformation in the core objective for cost-of-living indexes. Revealing these ruptures produces a more accurate history of both the development of neoclassical price index theory and its reception. Furthermore, we can recognize how transformations in this theory have made costof-living indexes more coherent with existing traditions of empirical macroeconomics even as they may have reduced the indexes’ suitability for other functions, notably adjusting income payments." @default.
• W2518748051 created "2016-09-23" @default.
• W2518748051 creator A5068207474 @default.
• W2518748051 date "2009-01-01" @default.
• W2518748051 modified "2023-09-26" @default.
• W2518748051 title "Aftershocks from a Revolution: Ordinal Utility and Cost-of-Living Indexes (forthcoming in the Journal of the History of Economic Thought)" @default.
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• W2518748051 hasPublicationYear "2009" @default.
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