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Marshall, Alfred (1842–1924)

The New Palgrave Dictionary of Economics

Abstract

Alfred Marshall 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. Professor of Political Economy at the University of Cambridge from 1885 to 1908, he was the founder of the Cambridge School of Economics which 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 his pupils. Marshall’s magnum opus, the Principles of Economics (Marshall 1890a) was published in 1890 and went through eight editions in his lifetime. It was the most influential treatise of its era and was for many years the Bible of British economics, introducing many still-familiar concepts.

This chapter was originally published in The New Palgrave: A Dictionary of Economics, 1st edition, 1987. Edited by John Eatwell, Murray Milgate and Peter Newman

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Whitaker, J.K. (1987). Marshall, Alfred (1842–1924). In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95121-5_829-1

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  • DOI: https://doi.org/10.1057/978-1-349-95121-5_829-1

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Chapter history

  1. Latest

    Marshall, Alfred (1842–1924)
    Published:
    22 March 2017

    DOI: https://doi.org/10.1057/978-1-349-95121-5_829-2

  2. Original

    Marshall, Alfred (1842–1924)
    Published:
    26 October 2016

    DOI: https://doi.org/10.1057/978-1-349-95121-5_829-1