Marshall, Marshallians and Industrial Economics: 1st Edition (Paperback) book cover

Marshall, Marshallians and Industrial Economics

1st Edition

Edited by Tiziano Raffaelli, Tamotsu Nishizawa, Simon Cook


344 pages | 2 B/W Illus.

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The four sections of the book deal in succession with Marshall’s key ideas on the subject, the wider context of his thought in which they are to be read, their later development by some of his pupils, and their revival in contemporary economics. The first and last sections work together to illustrate the evolutionary focus of Marshall’s research program and to identify its affinity with modern industrial economics; the second explicates the social assumptions within which the Marshallian paradigm was embedded, in particular those relating to the various relationships that exist between individuals and wider groups; while the third traces the development of Marshall’s views by some of his pupils.

Table of Contents

Introduction Giacomo Becattini Section 1: Marshall's Industrial Economics 1. Marshall‘s Evolutionary Views on the Industrial System Tiziano Raffaelli 2. "Industry and Trade" Revisited, Marshall on Britain's Industrial Leadership and Business Organization Tamotsu Nishizawa Section 2: Wider Perspectives 3. The History of Industrial Organization Simon Cook 4. Fair Wages and Capability-Development Kenji Fuji 5. Partial Equilibrium Analysis as a Tool for the Study of the Economics of Industry Roger Backhouse 6. Ideal Social Orders Marco Dardi 7. Sraffa's Attitude to Marshall Annalisa Rosselli Section 3: The Marshallian School 8. The Lancashire Industrial District: Its Rise, Prosperity and Decline in the Analysis of British Economists Katia Caldari and Fiorenza Belussi 9. Layton on Industrial and Applied Economics Masashi Kondo 10. Two Marshallians: Layton and the Early MacGregor Carlo Cristiano 11. Sargant Florence's Research Programme Leonard Minkes 12. Dennis Robertson’s ‘The Control of Industry’ Hiroyuki Shimodaira Section 4: The Revival 13. D. H. MacGregor and Industrial Economics at Oxford, 1920 – 1945 Frederick Lee 14. "The Marshallian Tradition of Industrial Economics in Oxford (1947-1979): From Andrews’ Contribution to the Emergence of Industrial Organization and Business Studies" Lise Arena 15. Marshall and George Richardson Richard Arena 16. On the Revival of Interest in Industrial Districts Marco Bellandi 17. Marshall's Influence on Recent Developments in Industrial Economics Richard Langlois

About the Series

Routledge Studies in the History of Economics

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Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Economic History
BUSINESS & ECONOMICS / Economics / General
BUSINESS & ECONOMICS / Economics / Theory