Marshallian Methodology

The sudden evaporation of Alfred Marshall's enormous prestige is a phenomenon that deserves more attention than it has received. During his lifetime, his pre-eminence was greater than that of any other economist before his time or since. His careful statements were based on a wealth of knowledge and understanding. He was an able mathematician and read widely in history. He studied industry at first hand and had deep social sympathies. His position at Cambridge was a prominent one in a land long known for its able political economists.