This study reports on the light that documents stored in the Archive Centre at King’s College Cambridge shed on A. C. Pigou’s fellowship theses. Particular consideration is given to Walter Raleigh’s and Brooke Foss Westcott’s assessments of Pigou’s first, and unsuccessful, fellowship...

The reasons for studying the history of economic thought are diverse. The extreme range of reasons include suggestions that research in this field is: a way of passing time on an intellectual curiosity; an investment in human capital which contributes to a more profound understanding of modern...

In 1917, Pigou published his classic article on “The Value of Money” in the Economic Journal. In 1920-21, Pareto wrote a manuscript on monetary theory, ‘Note Critiche di Teoria Monetaria’, but it was not published until 2005 when some fragments of that manuscript were located by Fiorenzo...

Eralier this year, Mario Pomini published an interesting book titled The Paretian Tradition during the Interwar Period: From Dynamics to Growth (London: Routledge pp162, $140.00, ISBN: 978-0-415-66140-9). In this brief paper, prepared for the History of Economic Thought and Policy, I review...

In this historical review we distinguish between two broad categories of value theories, objective and subjective, which focus respectively on the conditions of production and on the preferences of consumers. The objective approach to value theory is discussed with respect to classical political...

In 1924-25 A. C. Pigou was a member of the “Committee on the Currency and Bank of England Note Issues”, which became known as the ‘Chamberlain-Bradbury’ Committee after its two successive chairmen. The historical context of that report, including Pigou’s highlighting of discussion...

In 1924-25 A. C. Pigou was a member of the “Committee on the Currency and Bank of England Note Issues”, which became known as the ‘Chamberlain-Bradbury’ Committee after its two successive chairmen. The Committee’s report is historically important for recommending a bold and quick...