Alfred Marshall
Alfred Marshall | |
|---|---|
Marshall circa the release of Principles (1890) | |
| Born | 26 July 1842 London, England |
| Died | 13 July 1924 (aged 81) Cambridge, England, UK |
| Spouse | Mary Paley Marshall |
| Academic background | |
| Alma mater | St John's College, Cambridge |
| Influences | |
| Academic work | |
| School or tradition | Neoclassical economics |
| Institutions | St John's College, Cambridge University College, Bristol Balliol College, Oxford |
| Notable ideas |
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| Part of a series on |
| 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. As a result, he is known as the father of scientific economics.