Quotes about Alfred Marshall

3 Sourced Quotes

I had a great admiration for Pigou. I thought that, in many ways, he was not only a faithful follower of Alfred Marshall, but he was also a more fertile developer of the Marshallian tradition than Marshall himself. … Whitehead said to me: Don't you think that Pigou was an overrated economist? Wasn't Foxwell a better man? Since I am an honest man, I said to Whitehead: No, I think Pigou was a much more important economist than Foxwell.

One of the most important skills of the economist, therefore, is that of simplification of the model. Two important methods of simplification have been developed by economists. One is the method of partial equilibrium analysis (or microeconomics), generally associated with the name of Alfred Marshall and the other is the method of aggregation (or macro-economics), associated with the name of John Maynard Keynes.

Kenneth Boulding

Maynard Keynes was born into a certain civilisation at a particular moment of history, and was one of its foremost products. He inherited both its aspirations and its tensions. He grew up in the shadow of its great figures, notably Henry Sidgwick and Alfred Marshall, the teachers and colleagues of is father. His style of thought and way of life both bear Cambridge's unmistakable imprint.

Robert Skidelsky, Baron Skidelsky