August 20, 2019

Links on Alfred Marshall

Comment on Timothy Taylor on ‘Alfred Marshall in 1885: The Present Position of Economics’*


Marshall got the subject matter of economics wrong. Economics is NOT about how humans behave but about how the economic system behaves. Time to bury Marshall in the darkest corner of the Flat-Earth-Cemetery. For details see

► Marshall: a monument of scientific incompetence
► A note on Marshall's Magic Wand
► From Marshall to Georgescu-Roegen
► Marshall and some skewed arguments
► What engine?
► Marshall and the Cambridge School of plain economic gibberish
► Misled by ordinary intuition and common sense
► Hooray! The formalization issue is finally settled

Egmont Kakarot-Handtke


Related 'Show first your economic axioms or get out of the discussion' and 'The Cambridge crap curriculum'. For details of the big picture see cross-references Not a Science of Behavior.