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In light of the recent and ongoing surge of interest in Alfred Marshall's work, this new and original reference volume fills a gap in the literature through a detailed examination of his thought and of his contributions to economics and social science.The Companion places Alfred Marshall's ideas in their historical context, highlighting the many streams of social research originating from them. The contributors form a remarkable cast of leading experts, covering a spectrum of Marshallian themes and issues, including:his life and workbackground and influencesscope and methodology of economicseconomic analysis - including distribution theory, industrial economics and moneysocial and political issuesrelations with his contemporariesthe Marshallian traditionrelevance to contemporary economics.This comprehensive and multidisciplinary Companion illustrates the relevance of Marshall to present-day economic reality and as such will prove an invaluable reference tool for general economists and a wide ranging audience: historians of economic thought; economic, political and cultural historians; industrial, regional and development economists; economists interested in institutional, cognitive and evolutionary economics.
Edited by the late Tiziano Raffaelli, formerly Professor of the History of Economic Thought, University of Pisa, Italy, the late Giacomo Becattini, formerly Professor of Political Economy and Marco Dardi, Professor of Economics, University of Florence, Italy
Contents:IntroductionPART I: LIFE AND WORK1. Life and ActivitiesPeter D. Groenewegen2. Mary Paley MarshallRita McWilliams Tullberg3. The Early Philosophical PapersBrian J. Loasby4. ‘Ye Machine’Tiziano Raffaelli5. The Early Historical NotesSimon Cook6. The Early Economic WritingsJohn K. Whitaker7. Teacher and AcademicPeter D. Groenewegen8. The Economics of IndustryGiacomo Becattini and Marco Dardi9. The Economics TriposTamotsu Nishizawa10. Principles of Economics: Genesis, Structure and EvolutionJohn K. Whitaker11. Industry and TradePhilip L. Williams12. Money, Credit and CommerceAnnalisa Rosselli13. Giving Advice to GovernmentsPeter D. GroenewegenPART II: BACKGROUND AND INFLUENCES14. The Victorian Cultural ContextRobert W. Butler15. The Young Marshall’s UniversityChristopher Stray16. Early InfluencesSimon Cook17. Readings and LibraryKatia Caldari18. Interpreter of the ‘Classics’Peter D. Groenewegen19. Charles BabbageSimon Cook20. The Influence of German EconomistsErich W. StreisslerPART III: SCOPE AND METHOD21. Marshall on MethodRonald Coase22. The Definition of EconomicsRoger E. Backhouse23. Mathematics and StatisticsMarco Dardi24. Economics and SociologyPaolo Giovannini25. Economics and Economic HistoryGerard M. Koot26. Economics and EthicsBob W. Coats and Tiziano Raffaelli27. Economics and PsychologySimon Cook28. Economics and BiologyGeoffrey M. Hodgson29. Economic NationsGiacomo BecattiniPART IV: ECONOMIC ANALYSISA. Equilibrium and Dynamics30. Partial Equilibrium and Period AnalysisMarco Dardi31. Market Adjustment ProcessesAxel Leijonhufvud32. Marshall versus Walras on EquilibriumMichel De Vroey33. The Principle of SubstitutionAntonio Gay34. Coeteris ParibusFabio Cerina35. Differentiation and IntegrationGülbahar TezelB. The Theory of Value36. Normal ValueMehrdad Vahabi37. TimeJohn Foster38. Wants and ActivitiesBradley W. Bateman39. DemandMarco Dardi40. Custom and CompetitionEkkehart Schlicht41. Market Forms and Market PowerJaques KerstenetzkyC. The Theory of Distribution42. The Theory of Distribution: An OverviewJohn K. Whitaker43. Labour and WagesKatia Caldari44. Prospectiveness and Productiveness: The Theory of Capital and InterestIan Steedman45. Entrepreneurship and ProfitsEnzo Pesciarelli46. RentJohn K. Whitaker47. Quasi-rent and Composite Quasi-rentMasashi Kondo48. Share Tenancy and SharecroppingClaudio CecchiD. Industrial Analysis49. Industrial OrganizationBrian J. Loasby50. Increasing and Diminishing ReturnsRenee Prendergast51. Internal and External EconomiesMarco Bellandi52. The Localization of IndustryRon Martin53. Business SizeNeil Hart54. StandardizationKenji Fuji55. The Representative FirmMichel QuéréE. Money and Commerce56. The Quantity Theory of MoneyThomas M. Humphrey57. Price Stabilization PoliciesAlberto Zanni58. Credit Cycles and the Rate of InterestPascal Bridel59. The Theory of International TradeJohn Creedy60. MarketingMark Casson61. The Barter ControversyJohn Creedy62. SpeculationBradley W. Bateman63. Trade PolicyRoger E. BackhousePART V: SOCIAL AND POLITICAL ISSUES64. ProgressKatia Caldari65. Character and CapabilitiesTiziano Raffaelli66. State InterventionDavid A. Reisman67. Trade UnionsRoy Petridis68. CooperationBernard Gerbier69. Industrial RelationsTamotsu Nishizawa70. SocialismRita McWilliams Tullberg71. EducationSimon Cook72. Women’s EducationRita McWilliams Tullberg73. Economic ChivalryBernard Gerbier74. The ResiduumRhead S. Bowman75. PopulationRhead S. Bowman76. Environmentalism and Town PlanningGiacomo Becattini and Gabriele Corsani77. New LiberalismEugenio F. BiaginiPART VI: MARSHALL AND HIS CONTEMPORARIES78. Henry SidgwickBart Schultz79. William Kingdon CliffordTiziano Raffaelli80. Benjamin JowettWarren J. Samuels81. William Stanley JevonsJohn K. Whitaker82. Francis Ysidro EdgeworthAlberto Baccini83. Herbert Somerton FoxwellRichard D. Freeman84. William CunninghamSalim Rashid85. John Neville KeynesRita McWilliams Tullberg86. Arthur Cecil PigouDavid A. Collard87. John Maynard KeynesDonald E. Moggridge88. Walter Thomas LaytonCarlo CristianoPART VII: MARSHALL’S LEGACY89. The Marshallian School of EconomicsGiacomo Becattini90. The ‘Increasing Returns and Competition’ Dilemma: From Marshall to PigouRoberto Marchionatti91. The Theory of the Firm After MarshallDenis P. O’Brien92. Welfare Economics: Marshallian Welfare Economics and the Economic Welfare of MarshallSteven G. MedemaPART VIII: MARSHALL AND PRESENT-DAY ECONOMICS93. Evolutionary EconomicsJ. Stanley Metcalfe94. Industrial EconomicsRichard N. Langlois95. The Industrial District and Development EconomicsGiacomo Becattini96. Cognitive EconomicsMassimo Egidi and Salvatore Rizzello97. Institutional Economics: Digging Deeper into the Interplay between Institutions and Individual BehaviourJack Vromen98. MethodologyPierluigi Barrotta99. Microeconomics of SupplyArrigo OpocherIndex
'Marshall's importance has been widely recognized for over one hundred years and there is a vast quantity of research and writing on his work. Tiziano Raffaelli, Giacomo Becattini and Marco Dardi have made an impressive contribution to that literature as editors of The Elgar Companion to Alfred Marshall. . . Generally the entries serve as good introductions to the subjects they address and will be particularly useful to students, researchers and non-specialists. . . It makes a definite contribution in highlighting the breadth and complexity of Marshall's thought without underplaying his contributions to economics. The Elgar Companion to Alfred Marshall makes a fine addition to any economics reference collection.'