Equilibrium and Evolution: Alfred Marshall and the Marshallians

Hardcover | December 12, 2011

byN. Hart

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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.

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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.

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

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Format:HardcoverDimensions:256 pages, 9.02 × 5.98 × 0.04 inPublished:December 12, 2011Publisher:Palgrave Macmillan UKLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:023030270X

ISBN - 13:9780230302709

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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