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Minor Marshallians and Alfred Marshall
An Evaluation
Alfred Marshall and His Students
Alfred Marshall, Professor of Economics at Cambridge University (1885-1908), produced a distinguished crop of students, many of them leaders in the economics profession in subsequent generations. Pigou, Keynes and Denis Robertson are undoubtedly the most famous of these Marshall pupils but there were many more, even if more minor forces in the development of early twentieth century economics. This book intends to examine the major work of ten of these minor Marshallians – Sydney John Chapman (1871-1951), John Harold Clapham (1873-1946), Charles Ryle Fay (1884-1961), Alfred William Flux (1867-1942), Frederick Lavington (1881-1927), Walter Thomas Layton (1884-1966), David Huchinson MacGregor (1827-1953), Joseph Shield Nicholson (1850-1927), Charles Percy Sanger (1871-1930) and Gerald Francis Shove (1888-1947), to name them in alphabetical order.
The Aim of the Book
The broad aim of this book is to evaluate the more important contributions of these minor Marshallians by selective examination of their major economic work. That evaluation has at least two dimensions. First, it focuses on the significance of the author’s individual contributions to the development of twentieth century economic thought. Secondly, it attempts to assess the Marshallian credentials of these contributions in order to indicate how Marshallian in their economics these pupils of Marshall’s economics teaching actually stayed.
