Titlebook: Arthur Cecil Pigou; Nahid Aslanbeigui,Guy Oakes Book 2015 The Editor(s) (if applicable) and The Author(s) 2015 Arthur Cecil Pigou.Cambridg

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The Cost Controversies,he .? Or should they attempt to develop an evolutionary theory, using as inspiration the organic metaphors with which Marshall embel­lished some of his arguments? For a number of reasons, Pigou took the former course, which rested on the concept he saw as the cornerstone of economics: the national d

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Confrontations with Keynes,rket is a brute fact. Although fluctuations of long duration could be expected, from an historical perspective they are transient. In the long run, the immanent dynamic of the economy tends to restore full employment, a state consistent with a positive rate of unemployment determined by wage policy.

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,Ökonomische Rahmenbedingungen,cely documented in a remark by William D. Nordhaus in an essay on the economics of energy use. Taxes on negative externalities, Nordhaus observes, are ‘sometimes called Pigouvian taxes after their first important advocate, English economist Alfred [sic] Pigou’ (Nordhaus 2011, 30). So much for the co

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,Schlussbemerkung und Änderungsbedarf,he .? Or should they attempt to develop an evolutionary theory, using as inspiration the organic metaphors with which Marshall embel­lished some of his arguments? For a number of reasons, Pigou took the former course, which rested on the concept he saw as the cornerstone of economics: the national d