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Conclusion

In: A.C. Pigou and the 'Marshallian' Thought Style

Author

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  • Karen Lovejoy Knight

    (Independent Scholar)

Abstract

This chapter is the final chapter and conclusion. The general conclusion reached is that the economic thinking associated with the first and second generation of leaders of the Cambridge tradition, namely of Alfred Marshall and Arthur Cecil Pigou respectively, evolved in an adaptive way and that, notwithstanding differences that arose between Pigou’s and Marshall’s representations of economic theory, Pigou’s economics continued to fall within the broad category of a Marshallian ‘thought style’.

Suggested Citation

  • Karen Lovejoy Knight, 2018. "Conclusion," Palgrave Studies in the History of Economic Thought, in: A.C. Pigou and the 'Marshallian' Thought Style, chapter 7, pages 257-262, Palgrave Macmillan.
    • Handle: RePEc:pal:pshchp:978-3-030-01018-8_7
    DOI: 10.1007/978-3-030-01018-8_7
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