Equilibrium and Evolution: Alfred Marshall and the by Neil Hart (auth.)

By Neil Hart (auth.)

Show description

Read or Download Equilibrium and Evolution: Alfred Marshall and the Marshallians PDF

Similar comparative books

Global Corruption Report 2007: Corruption in Judicial Systems

An exam of the way, why and the place corruption mars judicial tactics.

The Unauthorised Agent: Perspectives from European and Comparative Law

The focal point of this booklet, the felony scenario created while an agent acts with no authority, is likely one of the most vital matters in employer legislations. The research is split into 3 sections: obvious authority, ratification and the legal responsibility of the falsus procurator. Adopting a distinct comparative point of view, the contributions are drawn from many various criminal platforms, delivering the chance for research of the eu universal law/civil legislation divide.

Extra info for Equilibrium and Evolution: Alfred Marshall and the Marshallians

Sample text

9 The position adopted by Grote and his followers appeared not to be incompatible with that of Mill or Bain; however, it insisted on the recognition of the role of self-consciousness that could not be simply reduced to mental association. In a broader sense, this philosophical The Development of Marshall’s Thought 19 perspective can be seen as extending beyond the points of disagreement that occupied the battles between the empiricists and intuitionists during this period. While Marshall clearly departed company with the ‘theological’ dimensions of Grote’s real logic, his general approach to philosophy and psychology, as revealed through his essays read to the Grote Club, was closely aligned with that of Grote and his followers at Cambridge.

Walker and Cliffe Leslie. The book received several favourable reviews, sold over 15,000 copies and was described by Maynard Keynes (1924: 38–9) as ‘during the whole of its life, much the better little textbook available’. However, Marshall clearly grew ‘very unfriendly’ with Economics of Industry, and subsequent to the publications of his Principles suppressed it. Mary Paley Marshall’s own account clearly captures her co-author’s ‘unfriendly’ attitude to the book: It was published in our joint names in 1879.

The physiological basis of purely mental work is not yet well understood; but what little we do know of the growth of brain structure seems to indicate that practice in any kind of thinking develops new connections between different parts of the brain. (Principles: 250–2) However, the connections between Marshall’s studies of the functioning of the human brain and his later economic writings extend well 24 Equilibrium and Evolution beyond that of analogous explanation. The complex interconnections between standardisation, variation, repetition, selection and routine that were being described in terms of the human brain in ‘Ye Machine’ find equivalent applications in Marshall’s evolutionary explanations of industrial organisation and economic and social progress.

Download PDF sample

Rated 4.12 of 5 – based on 36 votes