The chapter may be taken as an exercise in second-level history of ideas. It reconstructs the history of almost half a century of historical research on Alfred Marshall, carried out in the circumscribed geographical area indicated in the title by a close-knit team that included (in addition to...

Tiziano Raffaelli's pathbreaking contributions to our understanding of how Adam Smith and Alfred Marshall viewed historical progress are scattered across a number of his publications. This chapter builds on Raffaelli's discussion in two ways. First, it provides a discussion and synthesis of his...

George Stigler, like Piero Sraffa before him, characterised Marshall's doctrine of external economies as playing a major role in permitting an analytical reconciliation of competition and increasing returns, thus repairing a major gap in classical price theory. However, such a characterisation...

While it is generally believed that Marshall sought to diminish the economics of Jevons in setting out his own, little attention has been paid to the original, Millian, contexts in which both Jevons and Marshall turned to the study of political economy. Jevons's first 1862 paper seems to have...

The idea that speculation exacerbates commodity and stock price volatility dates back at least from the second half of the nineteenth century when an extensive literature emerged to which Marshall contributed. The essence of his arguments, originally applied to commodities and subsequently...

Paul Samuelson is renowned as a debunker of Alfred Marshall. This chapter reviews his assessments of Marshall. It concludes that, although the conventional view is correct, it is important also to recognise that Samuelson considered Marshall to have been a great economist, albeit one who could...