Alfred Marshall and the General Theory of Evolutionary Economics

J. Stanley Metcalfe ()
Additional contact information
J. Stanley Metcalfe: The University of Manchester, esrc Centre For Research on Innovation and Competition Curtin University of Technology, Western Australia, The University of Queensland

History of Economic Ideas, 2007, vol. 15, issue 1, 81-110

Abstract: In this essay I shall try to assess anew Alfred Marshall’s writing on economic change and the theory of value from the perspective of evolutionary economics. My competing claim is that Marshall’s two great works, Principles of Economics and Industry and Trade, locate him as a major figure in a thread of evolutionary reasoning that explores the restless, dynamic nature of modern capitalism, a thread that begins with Adam Smith and leads on through Marx to Schumpeter and Hayek. To decide on the veracity of this hypothesis will take far more effort than is reflected here but my purpose is simply to begin to state a case.

Date: 2007
References: Add references at CitEc
Citations: View citations in EconPapers (10)

Downloads: (external link)
http://www.libraweb.net/articoli.php?chiave=200706101&rivista=61
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hid:journl:v:15:y:2007:1:5:p:81-110

Access Statistics for this article

History of Economic Ideas is currently edited by Riccardo Faucci, Nicola Giocoli, Roberto Marchionatti

More articles in History of Economic Ideas from Fabrizio Serra Editore, Pisa - Roma
Bibliographic data for series maintained by Mario Aldo Cedrini ().