Equilibrium and Evolution Alfred Marshall and the Marshallians [Hardcover]

Alfred Marshall has traditionally been listed alongside pioneering 'neoclassical' economists. In this volume Neil Hart challenges this view,?illuminating the ambiguities within Marshall's work, and exploring his reconciliation of two modes of thinking, equilibrium economics and evolutionary economics.Introduction: Competing Assessments of Alfred Marshall The Development of Marshall's Thought Marshall's 'Economic Biology' Marshall's Equilibrium Analysis and the 'Reconciliation Problem' Sraffa's Critique and 'Marshall's Theory' Getting Marshall 'Out of the Way' The Professionalisation of Economics and Marshall's Theory Increasing Returns and Economic Progress Epilogue: Marshall, the Marshallians and Modern EconomicsNEIL HARTSchool of Economics, University of New South Wales, Australia.