ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
-A A +A

Alfred Marshall-Rise and Fall of Neoclassical Dogma

This article investigates the evolution of Marshallian neoclassical conceptualisations against the background of the tempestuous changes that restructured British and international capitalism between 1873 and 1914, It highlights the role of the Great Depression of 1873 which influenced Marshall's thought although, as he points out, business cycle theory occupied a peripheral role in his thinking. The contributions of Marshall to economic theory in the context of economic concentration, and the parallel upsurge of the labour and trade union movements are also examined.

Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

826for India

$50for overseas users

Get instant access to the complete EPW archives

Subscribe now

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top