The Economics of Alfred Marshall: Revisiting Marshall’s Legacy

Front Matter....Pages i-ix
Introductory Remarks....Pages 1-10
Front Matter....Pages 11-11
The Return of the ‘White Elephant’....Pages 13-31
Dealing with Complexity: Marshall and Keynes on the Nature of Economic Thinking....Pages 32-52
Alfred Marshall on Social Capital....Pages 53-66
Marshall’s Objective: Making Orthodox Economics Intelligible to Business Leaders....Pages 67-83
Alfred Marshall’s Partial Equilibrium: Dynamics in Disguise....Pages 84-112
Competition and Evolution: The Marshallian Conciliation Enterprise....Pages 113-133
Front Matter....Pages 135-135
Alfred Marshall’s Principles and Industry and Trade: Two Books or One? Marshall and the Joint Stock Company....Pages 137-157
From the Representative to the Equilibrium Firm: Why Marshall was not a Marshallian....Pages 158-181
Increasing Returns and Competition: Learning from a Marshallian Perspective....Pages 182-201
Efficiency and Time....Pages 202-220
Organization and Knowledge in Alfred Marshall’s Economics....Pages 221-239
Some Remarks on Marshallian External Economies and Industrial Tendencies....Pages 240-253
Requirements and Patterns of Marshallian Evolution: Their Impact on the Notion of Industrial District....Pages 254-268
Back Matter....Pages 269-281