Alfred Marshall | |
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![]() Marshall circa the release of Principles (1890) | |
Born | London, England | 26 July 1842
Died | 13 July 1924 Cambridge, England, UK | (aged 81)
Spouse | Mary Paley Marshall |
Academic career | |
Institution | St John's College, Cambridge University College, Bristol Balliol College, Oxford |
School or tradition | Neoclassical economics |
Alma mater | St John's College, Cambridge |
Influences | |
Contributions |
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Capitalism |
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Alfred Marshall FBA (26 July 1842 – 13 July 1924) was an English economist and one of the most influential economists of his time. His book Principles of Economics (1890) was the dominant economic textbook in England for many years, and brought the ideas of supply and demand, marginal utility, and costs of production into a coherent whole, popularizing the modern neoclassical approach which dominates microeconomics to this day.[2] As a result, he is known as the father of scientific economics.[3][4]
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