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I have it on good authority [which I cannot remember at the present
moment] that the term "Neoclassical" was used first by T.B. Veblen in one
of his essays on the nature of Economic Science [reference to which I do
not have ready to hand]. Veblen was much exercized to show that the
marginalist economists had not improved on the pre-marginalists from the
point of view of economics as a science, so I think it most probably the
case that he introduced the term.
Robin Neill
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