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Marshall, Alfred (1842–1924)

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The New Palgrave Dictionary of Economics

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Abstract

Alfred Marshall, Professor of Political Economy at the University of Cambridge from 1885 to 1908 and founder of the Cambridge School of Economics, was born in Bermondsey, a London suburb, on 26 July 1842. He died at Balliol Croft, his Cambridge home of many years, on 13 July 1924 at the age of 81. His magnum opus, Principles of Economics (1890a) evolved through eight editions in his lifetime, the final edition (1920) being most commonly cited today. It was one of the most influential treatises of its era and was for many years the Bible of British economics, introducing many still familiar concepts. The Cambridge School rose to great eminence in the 1920s and 1930s. A.C. Pigou and J.M. Keynes, the most important figures in this development, were among Marshall’s pupils.

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Authors
  1. John K. Whitaker
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Editor information

Steven N. Durlauf Lawrence E. Blume

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© 2008 Palgrave Macmillan, a division of Macmillan Publishers Limited

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Whitaker, J.K. (2008). Marshall, Alfred (1842–1924). In: Durlauf, S.N., Blume, L.E. (eds) The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-58802-2_1043

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  • DOI: https://doi.org/10.1007/978-1-349-58802-2_1043

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  • Publisher Name: Palgrave Macmillan, London

  • Print ISBN: 978-0-333-78676-5

  • Online ISBN: 978-1-349-58802-2

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