 Marshall’s Objective: Making Orthodox Economics Intelligible to Business LeadersLaurence S. Moss Chapter 5 in The Economics of Alfred Marshall, 2003, pp 67-83 from Palgrave Macmillan Abstract: Abstract This chapter is a contribution to a growing number of papers analysing why Alfred Marshall’s scientific writings did not live up to several of his stated goals, both scientific and personal (Guillebaud 1942; Maloney 1990; Moss 1990). I shall identify two goals that Marshall tried to achieve in his scientific writings and after those still another goal (a third one) that Marshall attempted, concerning the diffusion of his scientific work among business leaders. I shall demonstrate that while each of the goals Marshall set himself was challenging, it was his third goal that had the smallest chance of making any headway. Making orthodox styles of reasoning attractive to business leaders is a formidable task, because modern business leaders are not trained to conceptualize the economic system as a closed system with negative feedback effects. The patterns of thinking that make contemporary business leaders successful are simply not those patterns found in orthodox economic analysis. Keywords: Trade Union; Business Leader; Industrial District; Negative Feedback Effect; Supply Schedule (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59963-5_5 Ordering information: This item can be ordered from DOI: 10.1007/978-0-230-59963-5_5 Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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