Equilibrium and Evolution: Alfred Marshall and the Marshallians

by N. Hart

Overview

Alfred Marshall has traditionally been listed alongside pioneering 'neoclassical' economists. In this volume Neil Hart challenges this view, illuminating the ambiguities within Marshall's work, and exploring his reconciliation of two modes of thinking, equilibrium economics and evolutionary economics.

Product Details

ISBN-13:	9781349337767
Publisher:	Palgrave Macmillan UK
Publication date:	01/01/2012
Edition description:	1st ed. 2012
Pages:	242
Product dimensions:	6.10(w) x 9.25(h) x (d)

About the Author

NEIL HARTSchool of Economics, University of New South Wales, Australia.

Table of Contents

Introduction: Competing Assessments of Alfred Marshall The Development of Marshall's Thought Marshall's 'Economic Biology' Marshall's Equilibrium Analysis and the 'Reconciliation Problem' Sraffa's Critique and 'Marshall's Theory' Getting Marshall 'Out of the Way' The Professionalisation of Economics and Marshall's Theory Increasing Returns and Economic Progress Epilogue: Marshall, the Marshallians and Modern Economics