A.C. Pigou and the 'Marshallian' Thought Style A Study in the Philos
This book provides a study of the forces underlying the development of economic thought at Cambridge University during the late nineteenth century and the first half of the twentieth century. The primary lens it uses to do so is an examination of how
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ren Lovejoy Knight
PALGRAVE STUDIES IN THE HISTORY OF ECONOMIC THOUGHT
Palgrave Studies in the History of Economic Thought
Series Editors Avi J. Cohen Department of Economics York University and University of Toronto Toronto, ON, Canada G.C. Harcourt School of Economics University of New South Wales Sydney, NSW, Australia Peter Kriesler School of Economics University of New South Wales Sydney, NSW, Australia Jan Toporowski Economics Department SOAS, University of London London, UK
Palgrave Studies in the History of Economic Thought publishes contributions by leading scholars, illuminating key events, theories and individuals that have had a lasting impact on the development of modern-day economics. The topics covered include the development of economies, institutions and theories. More information about this series at http://www.palgrave.com/gp/series/14585
Karen Lovejoy Knight
A.C. Pigou and the ‘Marshallian’ Thought Style A Study in the Philosophy and Mathematics Underlying Cambridge Economics
Karen Lovejoy Knight Independent Scholar Duncraig, WA, Australia
Palgrave Studies in the History of Economic Thought ISBN 978-3-030-01017-1 ISBN 978-3-030-01018-8 (eBook) https://doi.org/10.1007/978-3-030-01018-8 Library of Congress Control Number: 2018959362 © The Editor(s) (if applicable) and The Author(s) 2018 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover illustration: © Chronicle / Alamy Stock Photo This Palgrave Macmillan imprint is published by the registered company Springer Nature Switzerland AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
In loving memory of my father V.C. (Peter) Burton— Busy boy Burton who borrowed biros and buried himself in books
Preface
My interest in the economic thought of A.C. Pigou arose when studying welfare analysis and the challenges to Pigou’s method
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