X-Nico

7 unusual facts about Alfred Marshall


Alfred Marshall

He served as President of the first day of the 1889 Co-operative Congress.

Marshall returned to Cambridge, via a brief period at Balliol College, Oxford during 1883–4, to take the seat as Professor of Political Economy in 1884 on the death of Henry Fawcett.

Family economics

The focus of early marginalists like Léon Walras, Stanley Jevons, and Alfred Marshall was market transactions, so any work done in the household was not of interest to marginalists.

Henry Ludwell Moore

Moore's first book, on testing the marginal productivity theory of wages, was well received as a pioneering venture, although Alfred Marshall refused to read it, telling Moore that "it proceeds on lines which I deliberately decided not to follow many years ago."

Herbert J. Davenport

He was a relentless critic of Alfred Marshall, his last book being a critique of The Economics of Alfred Marshall (1935).

Ian Steedman

Steedman has been recognised as one of the leading Neo-Ricardian economic theorists with work in the areas overlapping with those of Marx, Sraffa, Marshall, Jevons and Wicksteed.

Modelnomics

An economic assessment of the highly controversial issue of body image within the global fashion industry, along the lines of Alfred Marshall's supply-demand model.


Samuel Hollander

Especially his "new view" of David Ricardo as a direct predecessor of later neo-classical economists such as Marshall and Walras has triggered heated debates.

Social welfare function

The object was "to state in precise form the value judgments required for the derivation of the conditions of maximum economic welfare" set out by earlier writers, including Marshall and Pigou, Pareto and Barone, and Lerner.

Value and Capital

The book synthesises dynamic-adjustment elements from Walras and Wicksell and from Marshall and Keynes.


see also