Equilibrium and evolution
Subtitle: Alfred Marshall and the Marshallians
By: Neil Hart
Publisher: Palgrave Macmillan
Published: 2012
Place of publication: New York, NY
Language: eng
Number of pages: 242
ISBN-13: 9780230302709
Subjects: Evolution; Equilibrium (Economics); Political and social views
Description: 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.
Notes: Includes bibliographical references and index.
Table of contents: title: Preface; title: Introduction : competing assessments of Alfred Marshall; title: The development of Marshall's thought; title: Marshall's "economic biology"; title: Marshall's equilibrium analysis and the "reconciliation problem"; title: Sraffa's critique and "Marshall's theory"; title: Getting Marshall "out of the way"; title: The professionalisation of economics and Marshall's theory; title: Increasing returns and economic progressts; title: Epilogue : Marshall, the Marshallians, and modern economics; title: Notes; title: Bibliography.