PIGOU (Arthur Cecil).
Alfred Marshall and Current Thought.
A short text based on Pigou’s Marshall Lecture at Cambridge in 1952, attempting to “indicate, or guess, what Alfred Marshall’s reactions would have been to current thought as regards mathematical methods, statistics, elasticities, the rate of interest, utilities, and socialism. A brief essay is appended on the balance of payments” (from the Introduction). Pigou was Marshall’s foremost disciple and his successor as Chair of Political Economy at Cambridge.
