Alfred Marshall (26 July 1842 – 13 July 1924) was 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. It brings the ideas of supply and demand, marginal utility, and costs of production into a coherent whole. He is known as one of the founders of economics.
Read more about Alfred Marshall: Career, Economics, Principles of Economics (1890), Later Career, Theoretical Contributions, The Marshallian Industrial District, Works
Famous quotes containing the word marshall:
“Let us not succumb to nature. We will marshall the clouds and restrain tempests; we will bottle up pestilent exhalations; we will probe for earthquakes, grub them up, and give vent to the dangerous gas; we will disembowel the volcano, and extract its poison, take its seed out. We will wash water, and warm fire, and cool ice, and underprop the earth. We will teach birds to fly, and fishes to swim, and ruminants to chew the cud. It is time we looked into these things.”
—Henry David Thoreau (1817–1862)