Alfred Marshall : economist 1842-1924 / Peter Groenewegen.

Format:

Book

Author/Creator:

Groenewegen, Peter D.

Series:

Great thinkers in economics series

Great thinkers in economics

Language:

English

Subjects (All):

Marshall, Alfred, 1842-1924.

Marshall, Alfred.

Economists--Great Britain--Biography.

Economists.

Great Britain.

Genre:

Biographies.

Physical Description:

ix, 212 pages ; 23 cm.

Place of Publication:

Basingstoke ; New York : Palgrave Macmillan, 2007.

Summary:

Alfred Marshall was undoubtedly the doyen of British economics for three and a half decades, commencing in 1890, the year his " Principles of Economics" was first published. This succinct overview of Marshall's life and work as an economist sets his major economic contributions in perspective, by looking at his education, his travel, his teaching at Cambridge, Oxford and Bristol, his policy views as presented to government inquiries and his political and social opinions.

Contents:

1 Introduction: Alfred Marshall, a Giant Among Economists 1

1.1 Marshall's work as an economist 2

1.2 Marshall's specific contributions to economics 3

1.3 Marshall's major books 5

1.4 Marshall's Official Papers and his two smaller books 10

1.5 The book in outline 12

1.6 Marshall's great eminence demonstrated 13

2 Family, Childhood and Education (1842-65) 16

2.1 Childhood and school (1842-61) 18

2.2 Undergraduate at St John's College, Cambridge (1861-65) 20

3 Marshall's Moral Sciences Apprenticeship and Search for a New Vocation (1866-77) 28

3.1 Marshall at Clifton College and as Fellow at St John's 31

3.2 Membership of Cambridge clubs and gradual loss of faith 32

3.3 Philosophical inquiry including four philosophical papers 34

3.4 From philosophy to economics 36

3.5 Alfred Marshall and the Political Economy of John Stuart Mill 38

3.6 Other early influences on Marshall's economics 40

3.7 Early teaching and writing in economics 41

3.8 Travel, engagement, marriage and departure from Cambridge (1877) 47

4 Bristol and Oxford (1877-84) and Two 'Small' Books (1879) 49

4.1 Principal and Professor of Political Economy at Bristol University College (1877-81, 1882-83) 50

4.2 A year in Sicily and Europe (1881-82) 52

4.3 Economics Lecturer at Balliol College, Oxford (1883-84) 53

4.4 A short book for beginners: The Economics of Industry (1879, 1881) 55

4.5 Pure theory of foreign trade and of domestic value (1879) 67

5 Professor at Cambridge (1885-1908) and Adviser to Governments 71

5.1 The present position of economics (1885) 72

5.2 Professorial teaching at Cambridge (1885-1908) 74

5.3 The nature of Marshall's Cambridge students 77

5.4 The new Economics and Politics Tripos (1903) and its consequences 78

5.5 Giving advice to governments 81

5.6 Member of the Labour Commission (1891-94) 90

6 Writing and Revising the Principles (1882-1922) 94

6.1 Preparing the first edition of the Principles (1880-90) 95

6.2 The first edition (1890): contents and reception 97

6.3 A dangerous interruption: breaking the flow with an early second edition (1891) and a summary, Elements of the Economics of Industry (1892) 102

6.4 An indefinitely postponed second volume 103

6.5 The final editions of the Principles, including the definitive eighth edition (1920) 106

6.6 The significance of the Principles 111

7 Political and Social Thought: 'A Youthful Tendency to Socialism'; Changing Views on the Women's Issue; and a Taste for Advocacy and Occasional Controversy 116

7.1 Marshall's political and social thought - an overview 117

7.2 A taste for occasionally initiating controversy: quarrels with Cunningham, Bohm-Bawerk and Pearson 122

7.3 Housing policy, the poor, poor law reform and the Charity Organisation Society 125

7.4 Member of learned economic societies and formation of the British Economic Association (later Royal Economic Society) 130

7.5 Marshall's shifting opinion on tertiary education (and degrees) for women at Cambridge 133

8 Retirement and Industry and Trade (1919): An Important Companion Volume to the Principles 139

8.1 Retirement and final lecture 141

8.2 Electing Marshall's successor as Professor of Political Economy 143

8.3 Learning, writing and continuing contact with students and colleagues 145

8.4 A principled war effort (1914-18) 147

8.5 Constructing the first 'companion volume' to the Principles 150

8.6 Contents and reception of Industry and Trade 152

9 Final Years and Some Further Volumes (1919-24) 162

9.1 The sage in old age (1919-24) 163

9.2 Money, Credit and Commerce - writing, contents and reception 168

9.3 A book on progress that never was 173

9.4 Final days and death (July 1924) 179

10 A Rich and Enduring Legacy 185

10.1 A generous testatory disposition 186

10.2 A substantial doctrinal legacy 189

10.3 Direct and indirect 'pupils' to form a Cambridge School 193

10.4 Final concluding remarks on an enduring legacy 199

Chronological Bibliography of Marshall's Writings 204.

Notes:

Includes bibliographical references and index.

ISBN:

9781403996206

1403996202

OCLC:

154789336