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Invention in the Face of Necessity: Marshallian Rhetoric and the Giffen Good(s)

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  • MICHAEL V. WHITE

Abstract

Alfred Marshall's introduction of the ‘Giffen Good’ case appears puzzling, if only because it was not discussed by Robert Giffen. This article suggests that the analytical framework which Marshall used to discuss the case owed a good deal to the work of W.S. Jevons. The precise argument, however, was introduced as a rhetorical device to defend the notion of consumer surplus (against J.S. Nicholson) and to criticize the advocacy of tariff reform (by W.A.S. Hewins).

Suggested Citation

  • Michael V. White, 1990. "Invention in the Face of Necessity: Marshallian Rhetoric and the Giffen Good(s)," The Economic Record, The Economic Society of Australia, vol. 66(1), pages 1-11, March.
    • Handle: RePEc:bla:ecorec:v:66:y:1990:i:1:p:1-11
    DOI: 10.1111/j.1475-4932.1990.tb02080.x
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    References listed on IDEAS

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    1. Di Vita, Giuseppe, 2001. "Are the outputs derived from secondary materials giffen goods?," Resources Policy, Elsevier, vol. 27(4), pages 255-260, December.

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