Showing 1 - 10 of 83
We examine Ralph W. Souter's defence, in the 1930s, of Marshall's Principles against Robbins' attempt to recast … economics as a 'purely formal science of implications'. Souter elaborated on Marshall's invocations progressively to increase … the realism of economic science and contrasted this perspective on Marshall with Robbins' atomistic bias, neglect of …
Persistent link: https://www.econbiz.de/10009480712
by market choices. Marshall is seen as the bridge between the classical reflection on happiness in the eighteenth century …
Persistent link: https://www.econbiz.de/10005505314
The paper retraces some of the stages in Sraffa's thinking about the work of Marshall, by drawing on unpublished …
Persistent link: https://www.econbiz.de/10005505369
discontinuity, the conceptual structures of Marshall's and Keynes' conceptions of the determinants of investment are analysed and …
Persistent link: https://www.econbiz.de/10005505389
factors under a ceteris paribus clause. This view, which goes back to Alfred Marshall (1842-1924), is developed in the first …
Persistent link: https://www.econbiz.de/10005518224
, really imply – as seems to be suggested – that there is something a bit odd about Marshall’s diagrammatic handling of demand … pioneers such as Cournot, Dupuit and Walras, to consider Marshall’s treatment either as unconventional or forced, or as to …
Persistent link: https://www.econbiz.de/10005677845
temporal evolution of its parameters. This alternative view reinstates the notion which Marshall and Walras sought to extirpate …
Persistent link: https://www.econbiz.de/10005621983
This paper proposes a textual analysis of Marshall’s theory of firm pricing behavior under competitive conditions. It … considers to what extent average cost and marginal cost pricing rules characterize Marshall’s competitive partial equilibrium …
Persistent link: https://www.econbiz.de/10005622047
While modern theorising on the microfoundation of macroeconomics makes intense use of the representative firm notion, severe objections have been raised. Regarded from the history of thought this is the second time that its usefulness is called into question. The paper presents an old literature...
Persistent link: https://www.econbiz.de/10005786076
This paper discusses the relation between law and contingency in the formation of value. It begins from a much-ignored assertion of Marx, repeated throughout his works, that the equality of supply and demand is contingent and their non-equality constitutes their law. This highly complex and...
Persistent link: https://www.econbiz.de/10005789658