In contrast to the focus on the requirements for efficient allocation and the possibilities for meeting these requirements, which have been the prime theoretical focus in economics during the last century, Alfred Marshall's primary concern as an economist was the organisation of the growth of...

Summary Human knowledge is a human creation: we seek to make sense by creating patterns, which are tested in various ways and with differing degrees and kinds of rigour. For each individual cognition is a scarce resource, but different people can apply it in diverse ways and to diverse subjects:...

As Stan Metcalfe is the leading exponent of combining Marshallian and Schumpeterian conceptions of the evolution of economic systems, it is appropriate to explore the similarities and differences between Marshall's and Schumpeter's work, and in doing so, to draw particularly on major <italic>Companions</italic>...

Human knowledge is a human creation: we seek to make sense by creating patterns, which are tested in various ways and with differing degrees and kinds of rigour. For each individual cognition is a scarce resource, but different people can apply it in diverse ways and to diverse subjects: each...

This major book comprises amongst other essays critical appraisals of major economists including Alfred Marshall, Joan Robinson, G.B. Richardson, W.J. Baumol, Frank Hahn and Herbert Simon and of Austrian economics and diverse approaches to co-ordination failure in macroeconomics.