As far as Marshall's politics are concerned. He was firmly in the British liberal
tradition of charity towards his social inferiors. And resented it when workers spoke
for themselves.
As far as dialectics and Marshall are concerned. In a sense there is a dialectic in
Marshall. He is one of the few economists of his time who took seriously the
interaction of supply and demand. Most of his contemporaries tried to reduce
everything to subjective utility evaluations. And if supply was considered it was a
static given upon which demand acted.
Rod
Michael Perelman wrote:
> Jim Devine understands what Marshall was about. Yes, he wanted labor to improve,
> but improvement meant becoming more middle-class. Keynes, Marshall, and Smith
> all had a similar vision of labor becoming assimilated into the middle-class.
> --
> Michael Perelman
> Economics Department
> California State University
> Chico, CA 95929
>
> Tel. 530-898-5321
> E-Mail [EMAIL PROTECTED]
--
Rod Hay
[EMAIL PROTECTED]
The History of Economic Thought Archive
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