Synopses & Reviews
The Economics of Alfred Marshall brings together a number of leading international scholars for a timely reappraisal of Marshall's contribution to the development of economics. The aims of the contributors are firstly to revisit the work of Alfred Marshall and to investigate the unity of his projects, which contemporary authors often tend to underestimate; and secondly to show how Marshall's approach is not only a subject for historians of economic thought, but may also provide a message that is relevant for the progress of economics.
Synopsis
"The Economics of Alfred Marshall brings together a number of leading international scholars for a timely reappraisal of Marshall's contribution to the development of economics. The aims of the contributors are firstly to revisit the work of Alfred Marshall and to investigate the unity of his projects, which contemporary authors often tend to underestimate; and secondly to show how Marshall's approach is not only a subject for historians of economic thought, but may also provide a message that is relevant for the progress of economics.
About the Author
Richard Arena is in the Department of Economics, University of Nice, France.
Michel Quéré is Research Director, Centre National de la Recherche Scientifique, France.
Table of Contents
Introductory Remarks--R. Arena & M. Quéré *
Part I: The Legacy of Marshall's Economics * The Return of the 'White Elephant'--G. Becattini * Dealing with Complexity * Marshall and Keynes on the Nature of Economic Thinking--R. Marchionatti * Alfred Marshall on Social Capital--D. Reisman * Marshall's Objective: Making Orthodox Economics Intelligible to Business Leaders--L.S. Moss * Alfred Marshall's Partial Equilibrium: Dynamics in Disguise--M. Dardi * Competition and Evolution: The Marshallian Conciliation Enterprise--P. Groenewegen *
Part II: Economic Evolution and the Organization of Industry: Marshallian Insights * Alfred Marshall's Principles and Industry and Trade: Two Books or One? Marshall and the Joint Stock Company--J.K. Whitaker * From the Representative to the Equilibrium Firm: Why Marshall Was Not a Marshallian?--N. Hart * Increasing Returns and Competition: Learning from a Marshallian Perspective--M. Quéré * Efficiency and Time--B.J. Loasby * Organization and Knowledge in Marshall's Economics--R. Arena * Some Remarks on Marshallian External Economies and Industrial Tendencies--M. Bellandi * Requirements and Patterns of Marshallian Evolution: Their Impact on the Notion of Industrial District--T. Raffaelli