This book is intended primarily as a popular but systematic exposition of the “marginal” theory of Economics.
![The Common Sense of Political Economy: Volume 1 by Philip Wicksteed](https://cdn.mises.org/styles/responsive_6_9_650w/s3/static-page/img/The%20Common%20Sense%20of%20Political%20Economy_Volume%201_Wicksteed.jpg.webp?itok=i5ZG6Tjv 650w,https://cdn.mises.org/styles/responsive_6_9_870w/s3/static-page/img/The%20Common%20Sense%20of%20Political%20Economy_Volume%201_Wicksteed.jpg.webp?itok=E1ipMeSV 870w,https://cdn.mises.org/styles/responsive_6_9_1090w/s3/static-page/img/The%20Common%20Sense%20of%20Political%20Economy_Volume%201_Wicksteed.jpg.webp?itok=Zm_xiNLX 1090w,https://cdn.mises.org/styles/responsive_6_9_1310w/s3/static-page/img/The%20Common%20Sense%20of%20Political%20Economy_Volume%201_Wicksteed.jpg.webp?itok=mC9s7WbO 1310w,https://cdn.mises.org/styles/responsive_6_9_1530w/s3/static-page/img/The%20Common%20Sense%20of%20Political%20Economy_Volume%201_Wicksteed.jpg.webp?itok=l--p4Hri 1530w)
Philip Wicksteed, English philosopher, theologian, and economist, made important advances in economic method and in the theory of marginal productivity. He also emphasized the subjectivism of costs. His use of mathematics and graphical analysis, coupled with a lively writing style, made these tools more accessible to students. He influenced many 20th century economists, particularly those working in the Austrian tradition.
Routledge, 1933