  The phrase methodische Individualismus was actually coined by Weber’s student, Joseph Schumpeter, in his 1908 work Das Wesen und der Hauptinhalt der theoretischen Nationalökonomie. The first use of the term “methodological individualism” in English was again by Schumpeter in his 1909 Quarterly Journal of Economics paper, “On the Concept of Social Value” (see Udehn 2001, 214). However, the theoretical elaboration of the doctrine is due to Weber, and Schumpeter uses the term as a way of referring to the Weberian view.