Book contents
- Toward an Inframarginal Revolution
- Toward an Inframarginal Revolution
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Acknowledgments
- 1 Introduction to Inframarginalism and This Volume
- 2 A New Corporate Tax
- 3 The Progressive Case against Antimonopolism
- 4 An Inframarginalist Argument for Mandating the Use of Pro-Consumer Boilerplate
- 5 Inframarginalism and the Distributive Corollary of the Coase Theorem
- 6 Distributive Consequences of Regulating Boilerplate
- 7 (How) Does Competition Law Address Quality?
- 8 Self-Colonization in American Law
- 9 Taxing Imputed Land Rent
- 10 A Neo-Kantian Approach to Competition Law?
- 11 Is Commodity Private Property Inherently Regressive?
- 12 The EU Regulatory Patchwork for Dark Patterns
- 13 Inframarginalism and Economism
- 14 Hipster Antiplagiarism
- Index
1 - Introduction to Inframarginalism and This Volume
Published online by Cambridge University Press: 26 September 2025
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Book contents
- Toward an Inframarginal Revolution
- Toward an Inframarginal Revolution
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Acknowledgments
- 1 Introduction to Inframarginalism and This Volume
- 2 A New Corporate Tax
- 3 The Progressive Case against Antimonopolism
- 4 An Inframarginalist Argument for Mandating the Use of Pro-Consumer Boilerplate
- 5 Inframarginalism and the Distributive Corollary of the Coase Theorem
- 6 Distributive Consequences of Regulating Boilerplate
- 7 (How) Does Competition Law Address Quality?
- 8 Self-Colonization in American Law
- 9 Taxing Imputed Land Rent
- 10 A Neo-Kantian Approach to Competition Law?
- 11 Is Commodity Private Property Inherently Regressive?
- 12 The EU Regulatory Patchwork for Dark Patterns
- 13 Inframarginalism and Economism
- 14 Hipster Antiplagiarism
- Index
Summary
Progressives who respond to conservative law and economic arguments by rejecting neoclassical economic theory are making a mistake. Neoclassical economics is the only ideology that honors the modern view – associated with the Death of God narrative in Western culture – that there are no longer universal standards of value. To make a case for redistribution of wealth that appeals to the modern view regarding value – a view that progressives themselves hold – progressives must engage with economics. Fortunately, the concept of the gains from trade in neoclassical economics (also known as "surplus" or "economic rent") allows progressives to make a strong case for redistribution of wealth. That is because gains from trade can be redistributed without harming efficiency by varying the prices at which inframarginal units change hands. This insight is called "inframarginalism" to contrast it with the conservative view that the valuations of the marginal buyer and seller pin down price in competitive markets and therefore prevent redistribution of the gains from trade.
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- Toward an Inframarginal RevolutionRedistributing the Gains from Trade, pp. 1 - 30Publisher: Cambridge University PressPrint publication year: 2025
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