Professor at Cambridge (1885–1908) and Adviser to Governments

Peter Groenewegen
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Peter Groenewegen: University of Sydney

Chapter 5 in Alfred Marshall, 2007, pp 71-93 from Palgrave Macmillan

Abstract: Abstract In January 1885, Marshall returned to Cambridge University as its Professor of Economics after an absence of eight and a half years. In mid-December, Marshall had been elected to the position from six candidates altogether, being the clear favourite in an ostensibly strong field. Marshall gave his inaugural lecture on 24 February 1885 on the topic, ‘The Present Position of Economics’. This allowed him to set out his aims for his subject by outlining both its present state in England and what Cambridge could do to assist its further development. The lecture upset some of his senior colleagues in the Moral Sciences. They included Henry Sidgwick and economic historian William Cunningham. It did so by clearly stating the dominant role Marshall intended to establish for economics at the expense of both the traditional Moral Sciences and of historical studies in economics. The contents of Marshall’s inaugural lecture are therefore important and are subsequently reviewed in detail.

Keywords: Free Trade; Fiscal Policy; Trade Union; Royal Commission; Import Duty (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:pal:gtechp:978-0-230-59306-0_5

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DOI: 10.1057/9780230593060_5

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