Yamamoto, Kenichi; Egashira, Susumu - In: The European Journal of the History of Economic Thought 19 (2012) 2, pp. 227-248
<title>Abstract</title> This paper critically assesses Marshall's organic growth theory. Although Marshall insisted that economic biology is ‘the economist's Mecca,’ he did not originally develop the organic growth theory. However, we focus on the concept of ‘organic growth’ and explore Marshall's idea...