By P. Groenewegen
This succinct review of Marshall's lifestyles and paintings as an economist units his significant fiscal contributions in point of view, by means of his schooling, his commute, his instructing at Cambridge, Oxford and Bristol, his coverage perspectives as provided to executive inquiries and his political and social critiques.
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Extra resources for Alfred Marshall: Economist 1842–1924
As noted earlier, it was probably written in 1869. The second extant economic paper, written no later than 1870, discussed Mill’s four propositions on capital, another topic which Marshall had annotated heavily in his copy of Mill’s book. The most interesting part of these remarks relates to Mill’s proposition that demand for commodities is not demand for labour, a proposition only queried by Marshall on the ground that Mill did not satisfactorily explain the meaning of ‘demand for commodities’.
The third long vacation and third year lectures (given by Stokes during Marshall’s undergraduate period) were based on them. They had to be supplemented by work on hydrostatics, finite differences and the theory of light. However, coaches often advised their students not to attend Stokes’ physics classes because their content related too little to the Tripos syllabus on which the examinations were based. Given both his need, and desire, to excel in the Tripos examinations, Marshall may therefore not have attended them.
They balanced the hard work involved in studying for the Tripos. Again, the extent to which Marshall participated in the extra-curricular activities open to Cambridge undergraduates is not clear. Mary Paley recalled to Walter Scott in 1924 that rowing had been a favourite pastime for the young Marshall when at college, but that after 1862 his leisure activities as student concentrated on the traditional, and inexpensive, Cambridge pastime of long walks in the nearby countryside. Cricket was also an interest of the young Marshall, but nothing survives in the St John’s College records to show that Marshall was actively engaged in this sport as an undergraduate.
Alfred Marshall: Economist 1842–1924 by P. Groenewegen