The Future of the Working Classes: A Comparison Between J.S. Mill and A. Marshall
AbstractBoth J. S. Mill and A. Marshall had a lifelong concern with the living conditions of the working classes and theorized the possibility of a new age, characterized by a widespread mental and moral cultivation. This paper compares the precise arguments put forward by them in the period ranging from Mill‟s “The Claims of Labour” (1845) to Marshall's "Principles" (1890), against the background of the evidence of progress they had. It is argued that, at different stages and with different specific arguments, their predictions relied on self-reinforcing mechanisms, in which a better life was the cause, no less than the effect, of progress. In order to make similarities and differences more transparent from a logical point of view, two simple mathematical formulations are proposed.
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Bibliographic InfoPaper provided by Dipartimento di Scienze Economiche "Marco Fanno" in its series "Marco Fanno" Working Papers with number 0078.
Length: 32 pages
Date of creation: May 2008
Date of revision:
Other versions of this item:
- Arrigo Opocher, 2010. "The future of the working classes: a comparison between J.S. Mill and A. Marshall," European Journal of the History of Economic Thought, Taylor and Francis Journals, vol. 17(2), pages 229-253.
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- Opocher, Arrigo, 2009.
"Measuring productivity increase by long-run prices: The early analyses of G.R. Porter and R. Giffen,"
18272, University Library of Munich, Germany.
- Arrigo Opocher, 2010. "Measuring productivity increase by long-run prices: the early analyses of G.R. Porter and R. Giffen," European Journal of the History of Economic Thought, Taylor and Francis Journals, vol. 17(5), pages 1271-1291.
- Opocher, Arrigo, 2009. "A Dual-Solovian Measure of Productivity Increase and its Early Antecedents," MPRA Paper 15541, University Library of Munich, Germany.
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