Titlebook: Equilibrium and Evolution; Alfred Marshall and Neil Hart Book 2012 Palgrave Macmillan, a division of Macmillan Publishers Limited 2012 Alf

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,Marshall’s ‘Economic Biology’,bution well over a decade prior to the appearance of his . While the absence of a major publication can be attributed in part to a number of circumstances that diminished the time Marshall had available to writing, the most critical factor that impeded the publication of Marshall’s work was his perc

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,Sraffa’s Critique and ‘Marshall’s Theory’,lian’ theoretical apparatus reigned virtually undisputed in the English-speaking world. The end to these tranquil times is most often associated with the Marshallian cost controversies of the 1920s, with Piero Sraffa’s (1925, 1926, 1930) contributions widely seen as epitomising the challenge to the

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Increasing Returns and Economic Progress,cerned Marshall in the . Specifically, the perspective taken by Frank Knight, Joseph Schumpeter and Allyn Young on the controversies discussed in Chapters 5 and 6 is examined. Though largely antagonistic to Marshall’s approach, these writers from across the Atlantic raised issues that were in genera

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