Is it all in Marshall, still? An appreciation of Marshall’s contribution to modern economics DOI
Suzanne J. Konzelmann, Christos N. Pitelis, Philip R. Tomlinson

et al.

Cambridge Journal of Economics, Journal Year: 2025, Volume and Issue: unknown

Published: April 25, 2025

Abstract This Special Issue of the Cambridge Journal Economics marks centenary death Alfred Marshall (1842–1924), a founding father modern economics. The publication Marshall’s (1890) Principles is widely acknowledged as having shaped teaching economics and economic research in twentieth century. helped formalise discipline establish marginalist turn It still regarded by many foundation stone neoclassical Yet, scholar, was full apparent contradictions. Throughout his writings he sought to maintain continuity with classical tradition Smith, Ricardo Marx, while anticipating or developing ideas critical it, notably theory value distribution. subjected key extant hitherto non-formalised mathematical language, yet dismissive both formalism, notion that should be modelled along lines sciences such physics. Instead, emphasised social communitarian elements production, markets industrial districts, famously viewed ‘study man ordinary business life’ (Marshall, 1890/2011. Economics, Book 1, Chapter II, p. 35). He appreciated interdisciplinary perspectives would often explore interests sociology philosophy. Editorial opens portrait life times provide context for intellectual contributions. then focuses on some less-explored contributions economics, which are gradually acquiring more interest importance. introduces papers Issue, before concluding reflection contemporary relevance policy areas scholarly development.

Language: Английский

Is it all in Marshall, still? An appreciation of Marshall’s contribution to modern economics DOI
Suzanne J. Konzelmann, Christos N. Pitelis, Philip R. Tomlinson

et al.

Cambridge Journal of Economics, Journal Year: 2025, Volume and Issue: unknown

Published: April 25, 2025

Abstract This Special Issue of the Cambridge Journal Economics marks centenary death Alfred Marshall (1842–1924), a founding father modern economics. The publication Marshall’s (1890) Principles is widely acknowledged as having shaped teaching economics and economic research in twentieth century. helped formalise discipline establish marginalist turn It still regarded by many foundation stone neoclassical Yet, scholar, was full apparent contradictions. Throughout his writings he sought to maintain continuity with classical tradition Smith, Ricardo Marx, while anticipating or developing ideas critical it, notably theory value distribution. subjected key extant hitherto non-formalised mathematical language, yet dismissive both formalism, notion that should be modelled along lines sciences such physics. Instead, emphasised social communitarian elements production, markets industrial districts, famously viewed ‘study man ordinary business life’ (Marshall, 1890/2011. Economics, Book 1, Chapter II, p. 35). He appreciated interdisciplinary perspectives would often explore interests sociology philosophy. Editorial opens portrait life times provide context for intellectual contributions. then focuses on some less-explored contributions economics, which are gradually acquiring more interest importance. introduces papers Issue, before concluding reflection contemporary relevance policy areas scholarly development.

Language: Английский

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