Editing Max Weber (section)

====Marginal utility====
Unlike other historicists, Weber accepted [[marginal utility]] and taught it to his students.{{sfnm|1a1=Radkau|1y=2009|1p=138|2a1=Schweitzer|2y=1975|2pp=279–292|3a1=Swedberg|3y=1999|3pp=564–568}} His overall economic sociology was based on it.{{sfnm|1a1=Parsons|1y=2007|1pp=236–237|2a1=Honigsheim|2y=2017|2pp=187–188}} In 1908, Weber published an article, "Marginal Utility Theory and 'The Fundamental Law of Psychophysics'", in which he argued that marginal utility and economics were not based on psychology.{{sfnm|1a1=Mass|1y=2009|1pp=507–511|2a1=Swedberg|2y=1999|2p=564}} As part of that, he disputed Lujo Brentano's claim that marginal utility reflected the form of the psychological response to stimuli as described by the [[Weber–Fechner law]].{{sfnm|1a1=Mass|1y=2009|1pp=509–511|2a1=Swedberg|2a2=Agevall|2y=2016|2p=227}} He rejected the idea that marginal utility and economics were dependent on [[psychophysics]].{{sfnm|1a1=Mass|1y=2009|1pp=509–511|2a1=Swedberg|2a2=Agevall|2y=2016|2p=227}} In general, Weber disagreed with the idea that economics relied on another field.{{sfn|Swedberg|Agevall|2016|p=227}} He also included a similar discussion of marginal utility in the second chapter of ''Economy and Society''. Both marginal utility and declining utility's roles in his writings were implied through his usage of [[Instrumental and value-rational action|instrumentally rational action]] in that chapter.{{sfn|Parsons|2007|pp=235–238}}