British economist (1842–1924)
People connected to Alfred Marshall
He built the blueprint for how we still think about markets — supply curves, demand curves, the marginal calculus of cost and value — and turned scattered ideas into a single coherent framework that became economics as a science.
Alfred Marshall was an English economist born 26 July 1842, who spent decades assembling the scattered threads of economic thought into something rigorous and teachable. In 1890 he published Principles of Economics, a textbook that would dominate England for generations and become the foundation of neoclassical economics. The book synthesized supply and demand theory, marginal utility, and production costs into one unified system, giving microeconomics the structure it still carries. He died 13 July 1924, leaving behind the architecture of modern economic analysis.
Sourced, dated quotes from Alfred Marshall
I have not been able to lay my hands on any notes as to Mathematico-economics that would be of any use to you.
I am myself an uncompromising anti-Jingoe, a peace-at-almost-any-price man. Chamberlain is the only Unionist public man whom I have ever thoroughly distrusted.
[E]ach several want is limited, and...
The increment of the commodity which he is only just induced to acquire (whether by...
And thus the law may be worded:—The of a commodity to anyone diminishes with every increase in the amount of it he already has.
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