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Why neoclassical economic theory

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Reference no: EM132141765

Hey can someone give me super detailed answer as to why neoclassical economic theory could not have emerged prior to 1860s? Like I get that neoclassical economy focuses more heavily on mathematical part of economy but why didn't the theory emerge before 1860s? What were the economic theories prior to 1860s?

Reference no: EM132141765

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