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This book provides a contextual study of the development of Alfred Marshall's thinking during the early years of his apprenticeship in the Cambridge moral sciences. Marshall's thought is situated in a crisis of academic liberal thinking that occurred in the late 1860s. His crisis of faith is shown to have formed part of his wider philosophical development, which saw him supplementing Anglican thought and mechanistic psychology with Hegel's Philosophy of History. This philosophical background informed Marshall's early reformulation of value theory and his subsequent wide-ranging reinterpretation of political economy as a whole. The book concludes with the suggestion that Marshall's mature economic science was conceived by him as but one part of a wider, neo-Hegelian, social philosophy.
Economic schools --- Marshall, Alfred --- Economics --- 330.157 --- 08 --- 330.08 --- 330.45 --- AA / International- internationaal --- History --- Biografieën en memoires --- Economisten --- Socialisten en interventionisten, christelijke sociale figuren kenmerkend voor de XIXe eeuw --- Marshall, Alfred, --- Ma-hsia-erh, --- Ma-hsien-erh, --- Māsharu, Arufureddo, --- Marshall, A. --- History. --- Business, Economy and Management
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The four sections of the book deal in succession with Marshall's key ideas on the subject, the wider context of his thought in which they are to be read, their later development by some of his pupils, and their revival in contemporary economics. The first and last sections work together to illustrate the evolutionary focus of Marshall's research program and to identify its affinity with modern industrial economics; the second explicates the social assumptions within which the Marshallian paradigm was embedded, in particular those relating to the various relationships that exist between indi
Industrial organization (Economic theory) --- Industries. --- Economics. --- Marshall, Alfred,
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