First published in 1986, The Economics of Alfred Marshall is
concerned with the theories of demand, supply, market structure and
income distribution which the celebrated author of the Principles
of Economics developed while standing on the shoulders of giants.
It is thus concerned with hidden assumptions, institutional
constraints, tentative conclusions and blurred distinctions; for
these are an integral part of the contribution of an economist who
warned against spurious over-simplification of that which is
inherently complex.
The economics of Alfred Marshall appears easy when in fact it is
fraught with difficulties. The Economics of Alfred Marshall seeks
to explain Marshalla (TM)s theories in detail and to evaluate them
in depth. The book attempts in that way to help the reader to gain
a deeper understanding of an influential thinker whose insights,
however difficult, continue to shed a great deal of light on the
nature and workings of the economic system.
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