Knowledge (XXG)

Arthur Cecil Pigou

Source 📝

1468: 485:, usually disparagingly. Keynes states that " is unable to devise any satisfactory formula to evaluate new equipment against old when, owing to changes in technique, the two are not identical. I believe that the concept at which Professor Pigou is aiming is the right and appropriate concept for economic analysis. But, until a satisfactory system of units has been adopted, its precise definition is an impossible task." 1458: 399:), Pigou developed Marshall’s concept of externality, which is a cost imposed or benefit conferred on others that is not accounted for by the person who creates these costs or benefits. Pigou argued that negative externalities (costs imposed) should be offset by a tax, while positive externalities should be offset by a subsidy. In the early 1960s Pigou's analysis was criticised by 450:
of four years of war, England suffered from an economic depression long before the Great Depression, due in part to the fact that employers were hesitant to continue to hire women and veterans. This new factor of unemployment, Pigou writes, could be solved with subsidies provided by the government to industries suffering the most, such as manufacturing.
342:, which examines the overall benefit to society that comes from all the decisions made: those that individuals make about buying, selling and working, and those that firms make about production and employment. His first work was more philosophical than his later work, as he expanded the essay which had won him the Adam Smith Prize in 1903 into 550:
and others, who became far greater climbers. An illness affecting his heart developed in the early 1930s, however, and this affected his vigour, curtailing his climbing and leaving him with phases of debility for the rest of his life. Pigou gave up his professor's chair in 1943, but remained a Fellow
333:
Pigou began lecturing on economics in 1901 and started giving the course on advanced economics to second year students on which was based the education of many Cambridge economists over the next thirty years. In his early days he lectured on a variety of subjects outside economics. He became a Fellow
475:
on real money balances to argue that the economy would be more self-stabilizing than Keynes proposed. In a couple of lectures delivered in 1949 he made a more favourable, though still critical evaluation of Keynes' work: "I should say... that in setting out and developing his fundamental conception,
449:
was understood as part of a functional market. However, Pigou also notes that there is another type of unemployment that emerges not because people are unwilling to work at market wages but because employers have lower demand for labor. With the lack of employment that resulted from the devastation
334:
of King's College on his second attempt in March 1902, and was appointed Girdler's Lecturer in the summer of 1904. He devoted himself to exploring the various departments of economic doctrine, and as a result published the works on which his worldwide reputation rests. He specifically studied under
445:, first published in 1933, describe many of the factors that contribute to unemployment, such as sticky wages, and an unwillingness to work at the market price. Both of these are factors that were given by Alfred Marshall and reinforced by Pigou. Up until the post-World War One era, 520:
on the Currency and Foreign Exchange (1918–1919), the Royal Commission on the Income Tax (1919–1920), and the Chamberlain Committee on the Currency and Bank of England Note Issues (1924–1925). The report of the last body was the prelude to the much criticised restoration of the
457:, but the most visible is Pigou’s theory that unemployment is either frictional or voluntary. However, the separation between frictional and voluntary unemployment is the first foray into understanding the way unemployment impacts the labor market until the publishing of Keynes 476:
Keynes made a very important, original and valuable addition to the armoury of economic analysis". He later said that he had come with the passage of time to feel that he had failed earlier to appreciate some of the important things that Keynes was trying to say.
44: 901: 265:. His reputation was affected adversely by influential economic writers who used his work as the basis on which to define their own opposing views. He reluctantly served on several public committees, including the 403:, who argued that taxes and subsidies are not necessary if the partners in the transaction can bargain over the transaction. The externality concept remains central to modern welfare economics and particularly to 1537: 301:, where he was in Newlands house and became the first modern head of school. The school's economics society is named The Pigou Society in his honour. In 1896 he was admitted as a history scholar to 468:
to work on probability theory. Pigou and Keynes had great mutual affection and regard for each other, and their intellectual differences never put their personal friendship seriously in jeopardy.
1552: 481: 350: 551:
of King's College until his death. In his later years he gradually became more of a recluse, emerging occasionally from his rooms to give lectures or to take a walk.
1522: 529:
in 1925, but resigned later in 1947. In later years he withdrew from national affairs and devoted himself to more academic economics and writing weighty letters to
889: 317:, of which he was President in 1900. He came to economics through the study of philosophy and ethics under the Moral Science Tripos. He studied economics under 438:. Sticky wages are when workers’ earnings don’t adjust quickly to changes in labour market conditions. This can slow an economy's recovery from a recession. 1527: 1517: 505:
when it required an obligation to destroy human life. He remained at Cambridge, but during the vacations was an ambulance driver at the front for the
1532: 884: 1015: 1557: 1408: 536: 441:
Pigou’s contributions to solving unemployment serve as a basic foundation for understanding the phenomena of labor market externalities. His
984: 853:
Medema, Steven G. (1 December 2008). ""Losing My Religion":Sidgwick, Theism, and the Struggle for Utilitarian Ethics in Economic Analysis".
1297: 517: 266: 1542: 1440: 943: 422:
A neglected aspect of Pigou's work is his analysis of a range of labour-market phenomena studied by subsequent economists, including
1502: 600: 554:
Pigou never married. He had good friendships, particularly in his later years. He had a penchant for complaining about politicians.
1462: 1512: 1363: 828: 636: 800: 1234: 509:, and insisted on undertaking jobs of particular danger. Towards the end of the war he reluctantly accepted a post in the 313:
for English Verse in 1899, and the Cobden (1901), Burney (1901), and Adam Smith Prizes (1903), and made his mark in the
302: 144: 1507: 1497: 1432: 506: 310: 187: 325:. His first and unsuccessful attempt at a fellowship of King's was a thesis on "Browning as a Religious Teacher". 1547: 293:, the son of Clarence George Scott Pigou, an army officer, and his wife Nora Biddel Frances Sophia, daughter of 446: 404: 354: 314: 238: 122: 498: 431: 134: 423: 1492: 1487: 540: 465: 376:'s views on the land value tax were the inspiration for his view on taxing negative externalities. 361: 1400: 992: 427: 369: 1436: 1404: 1339: 1293: 1230: 1204: 1165: 1126: 1095: 1064: 966: 939: 596: 339: 322: 258: 246: 112: 1472: 1368: 1331: 1196: 1157: 1056: 862: 502: 270: 210: 192: 1264: 804: 526: 373: 335: 318: 262: 154: 411:, named in his honour, is an association of modern economists who support the idea of a 510: 471:
Pigou was generally critical of Keynesian macroeconomics and developed the idea of the
416: 306: 254: 250: 158: 91: 661: 1481: 547: 522: 435: 298: 294: 290: 176: 168: 68: 797: 241:, he trained and influenced many Cambridge economists who went on to take chairs of 1312:
Chapter 8 and epilogue, The First Serious Optimist: A. C. Pigou... by Kumekawa, Ian
479:
Keynes, in turn, was very critical of Pigou, mentioning Pigou at least 17 times in
472: 400: 388: 365: 172: 1380: 985:"ESHET CONFERENCE – The Practices of Economists in the Past and Today – Amsterdam" 546:
He loved mountains and climbing, and introduced climbing to many friends, such as
590: 387:
and the idea that externality problems could be corrected by the imposition of a
494: 384: 1372: 866: 412: 408: 274: 1343: 1208: 1169: 1130: 1099: 1068: 245:
around the world. His work covered various fields of economics, particularly
1457: 970: 531: 242: 234: 87: 17: 609:"Review of the Fifth Edition of Marshall's Principles of Economics", 1907, 1429:
The First Serious Optimist: A.C. Pigou and the Birth of Welfare Economics
960: 1083: 1323: 1184: 1145: 1114: 1044: 43: 1335: 1200: 1161: 1060: 741: 648: 543:, and an honorary resident of the International Economic Committee. 464:
One of his early acts was to provide private financial support for
535:
on problems of the day. He was a foreign honorary member of the
493:
Pigou had strong principles, and these gave him some problems in
286: 64: 747:"Real and Money Wage Rates in Relation to Unemployment", 1937, 357:
in succession to Alfred Marshall. He held the post until 1943.
219: 453:
Keynes argues against several points that Pigou makes in his
237:. As a teacher and builder of the School of Economics at the 225: 882:
Nahid Aslanbeigui, 2008. "Pigou, Arthur Cecil (1877–1959),"
736:"Mr. J.M. Keynes' General Theory of Employment ...," 1936, 338:
and focused on normative economics. He became intrigued by
1220: 1218: 222: 525:
at the old parity of exchange. Pigou was elected to the
1088:
Zeitschrift für Nationalökonomie / Journal of Economics
1045:""The Theory of Unemployment" by Professor A. C. Pigou" 938:(First ed.). Yale University Press. p. 72. 658:(1st ed.). London: MacMillan and Co., Ltd. 1920. 1290:
The General Theory of Employment, Interest and Money
936:
A little history of economics : revised version
923:. No. 36717. London. 17 March 1902. p. 11. 704:"The Law of Diminishing and Increasing Cost", 1927, 482:
The General Theory of Employment, Interest and Money
216: 780:"Economic Progress in a Stable Environment", 1947, 213: 182: 164: 150: 140: 128: 118: 108: 103: 76: 50: 34: 1538:People associated with the Friends' Ambulance Unit 685:"Exchange Value of Legal Tender Money", 1922, in: 233:; 18 November 1877 – 7 March 1959) was an English 1553:Professors of Political Economy (Cambridge, 1863) 1252:General Theory of Employment, Interest, and Money 754:"Money Wages in Relation to Unemployment", 1938, 1274: 1272: 383:, 1920, in which he introduced the concept of 878: 876: 810:Keynes's General Theory: A retrospective view 788:Aspects of British Economic History 1918-1925 8: 1367:(online ed.). Oxford University Press. 1395:Aslanbeigui, Nahid & Guy Oakes (2015). 616:"Producers' and Consumers' Surplus", 1910, 592:Protective & Preferential Import Duties 513:, but showed little aptitude for the work. 1185:"Professor Pigou's Theory of Unemployment" 1146:"Professor Pigou's Theory of Unemployment" 1115:"Professor Pigou's Theory of Unemployment" 1084:"Professor Pigou's Theory of Unemployment" 667:A Levy on Capital and a Levy on War Wealth 583:Principles and Methods of Industrial Peace 364:, likely to be interpreted as support for 344:Principles and Methods of Industrial Peace 321:, whom he later succeeded as professor of 31: 575:"Monopoly and Consumers' Surplus", 1904, 885:The New Palgrave Dictionary of Economics 767:"The Classical Stationary State", 1943, 360:In 1909 he wrote an essay in favour of 1364:Oxford Dictionary of National Biography 845: 672:"Empty Economic Boxes: A reply", 1922, 379:Pigou's most enduring contribution was 1324:"Review of A Study in Public Finance" 537:American Academy of Arts and Sciences 7: 1469:Works by or about Arthur Cecil Pigou 305:, where he first read history under 1523:Alumni of King's College, Cambridge 1420:A.C.Pigou: Journal Papers 1902-1922 1292:. Houndsmills: Palgrave Macmillan. 796:, 1949. First-page chapter-preview 637:Some Aspects of the Housing Problem 391:(also spelled "Pigouvian tax"). In 1229:. Frank Cass and Company Limited. 1150:The Quarterly Journal of Economics 731:The Economics of Stationary States 25: 1528:Presidents of the Cambridge Union 669:, 1920 (London: Humphrey Milford) 516:He was a reluctant member of the 1518:People educated at Harrow School 1456: 829:Liberalism in the United Kingdom 209: 42: 1533:British conscientious objectors 902:"Pigou, Arthur Cecil (PG896AC)" 717:"An Analysis of Supply", 1928, 564:Browning as a Religious Teacher 434:, segmented labour market, and 1558:Fellows of the British Academy 645:Quarterly Journal of Economics 351:Professor of Political Economy 1: 1422:. London: Palgrave Macmillan. 1288:Keynes, John Maynard (1936). 1250:Keynes, John Maynard (1936). 965:. New York, Longmans, Green. 27:English economist (1877–1959) 1418:Collard, David, ed. (2002). 1381:UK public library membership 1119:Journal of Political Economy 959:Pigou, Arthur Cecil (1909). 855:History of Political Economy 680:The Political Economy of War 643:"The Value of Money." 1917, 589:Pigou, Arthur Cecil (1906). 962:The policy of land taxation 919:"University intelligence". 906:A Cambridge Alumni Database 775:Lapses from Full Employment 693:Essays in Applied Economics 687:Essays in Applied Economics 1574: 1433:Princeton University Press 1278:Times Obituary, March 1959 908:. University of Cambridge. 790:, 1947 (London: Macmillan) 762:Employment and Equilibrium 725:The Theory of Unemployment 640:, Warburton Lecture, 1914. 539:, a foreign member of the 415:to address the problem of 349:In 1908 Pigou was elected 297:. He won a scholarship to 295:Sir John Lees, 3rd Baronet 1543:English mountain climbers 934:Kishtainy, Niall (2017). 867:10.1215/00182702-2007-066 712:A Study in Public Finance 303:King's College, Cambridge 198: 145:King's College, Cambridge 99: 41: 1503:Environmental economists 1113:Sweezy, Paul M. (1934). 656:The Economics of Welfare 570:The Riddle of the Tariff 393:The Economics of Welfare 381:The Economics of Welfare 281:Early life and education 1513:Neoclassical economists 1043:Hawtrey, R. G. (1934). 699:Industrial Fluctuations 507:Friends' Ambulance Unit 447:frictional unemployment 432:internal labour markets 405:environmental economics 355:University of Cambridge 315:Cambridge Union Society 311:Chancellor's Gold Medal 239:University of Cambridge 188:Chancellor's Gold Medal 123:University of Cambridge 1461:Quotations related to 1427:Kumekawa, Ian (2017). 1373:10.1093/ref:odnb/35529 1227:Theory of Unemployment 1225:Pigou, Arthur (1933). 1183:Harrod, R. F. (1934). 1144:Harris, S. E. (1935). 1082:Opie, Redvers (1935). 803:22 August 2011 at the 660:— 4th ed. 1932: 499:conscientious objector 455:Theory of Unemployment 443:Theory of Unemployment 253:theory, unemployment, 135:Neoclassical economics 1322:Dalton, Hugh (1928). 1254:. Palgrave Macmillan. 424:collective bargaining 261:, and measurement of 1189:The Economic Journal 541:Accademia dei Lincei 249:, but also included 995:on 20 December 2016 816:Essays in Economics 466:John Maynard Keynes 362:Land Value Taxation 1508:Welfare economists 1498:English economists 1463:Arthur Cecil Pigou 1401:Palgrave Macmillan 1397:Arthur Cecil Pigou 740:, N.S. 3(10), pp. 624:Wealth and Welfare 558:Major publications 518:Cunliffe Committee 397:Wealth and Welfare 395:(initially called 285:Pigou was born at 267:Cunliffe Committee 205:Arthur Cecil Pigou 36:Arthur Cecil Pigou 1410:978-1-137-31450-5 1379:(Subscription or 794:The Veil of Money 340:welfare economics 323:political economy 247:welfare economics 202: 201: 113:Welfare economics 16:(Redirected from 1565: 1548:People from Ryde 1473:Internet Archive 1460: 1446: 1423: 1414: 1384: 1376: 1361:"Arthur Pigou". 1348: 1347: 1319: 1313: 1310: 1304: 1303: 1299:978-0230-00476-4 1285: 1279: 1276: 1267: 1262: 1256: 1255: 1247: 1241: 1240: 1222: 1213: 1212: 1180: 1174: 1173: 1141: 1135: 1134: 1110: 1104: 1103: 1079: 1073: 1072: 1040: 1034: 1033: 1031: 1029: 1020: 1011: 1005: 1004: 1002: 1000: 991:. Archived from 981: 975: 974: 956: 950: 949: 931: 925: 924: 916: 910: 909: 898: 892: 880: 871: 870: 850: 769:Economic Journal 756:Economic Journal 749:Economic Journal 719:Economic Journal 706:Economic Journal 674:Economic Journal 659: 618:Economic Journal 611:Economic Journal 606: 577:Economic Journal 503:military service 271:Royal Commission 232: 231: 228: 227: 224: 221: 218: 215: 193:Adam Smith Prize 83: 61:18 November 1877 60: 58: 46: 32: 21: 1573: 1572: 1568: 1567: 1566: 1564: 1563: 1562: 1478: 1477: 1453: 1443: 1426: 1417: 1411: 1394: 1391: 1389:Further reading 1378: 1360: 1357: 1352: 1351: 1336:10.2307/2547800 1330:(23): 216–221. 1321: 1320: 1316: 1311: 1307: 1300: 1287: 1286: 1282: 1277: 1270: 1265:Keynes Timeline 1263: 1259: 1249: 1248: 1244: 1237: 1224: 1223: 1216: 1201:10.2307/2224724 1182: 1181: 1177: 1162:10.2307/1884068 1143: 1142: 1138: 1112: 1111: 1107: 1081: 1080: 1076: 1061:10.2307/2548747 1042: 1041: 1037: 1027: 1025: 1018: 1014:Haltom, Renee. 1013: 1012: 1008: 998: 996: 983: 982: 978: 958: 957: 953: 946: 933: 932: 928: 918: 917: 913: 900: 899: 895: 881: 874: 852: 851: 847: 842: 837: 825: 805:Wayback Machine 654: 603: 588: 560: 527:British Academy 491: 370:People's Budget 336:Alfred Marshall 331: 319:Alfred Marshall 283: 263:national output 212: 208: 190: 175: 171: 155:Alfred Marshall 141:Alma mater 130: 104:Academic career 95: 85: 81: 72: 62: 56: 54: 37: 28: 23: 22: 15: 12: 11: 5: 1571: 1569: 1561: 1560: 1555: 1550: 1545: 1540: 1535: 1530: 1525: 1520: 1515: 1510: 1505: 1500: 1495: 1490: 1480: 1479: 1476: 1475: 1466: 1452: 1451:External links 1449: 1448: 1447: 1442:978-0691163482 1441: 1424: 1415: 1409: 1390: 1387: 1386: 1385: 1356: 1353: 1350: 1349: 1314: 1305: 1298: 1280: 1268: 1257: 1242: 1235: 1214: 1195:(173): 19–32. 1175: 1156:(2): 286–324. 1136: 1125:(6): 800–811. 1105: 1094:(3): 289–314. 1074: 1055:(2): 147–166. 1035: 1016:"Sticky Wages" 1006: 976: 951: 945:978-0300206364 944: 926: 911: 893: 872: 861:(5): 189–211. 844: 843: 841: 838: 836: 833: 832: 831: 824: 821: 820: 819: 813: 807: 791: 785: 778: 772: 765: 759: 752: 745: 734: 728: 722: 715: 709: 702: 696: 690: 683: 677: 670: 664: 652: 647:, 32( 1), pp. 641: 633: 627: 621: 614: 607: 601: 586: 580: 573: 567: 559: 556: 511:Board of Trade 490: 487: 459:General Theory 417:climate change 330: 327: 307:Oscar Browning 282: 279: 255:public finance 251:business cycle 200: 199: 196: 195: 184: 180: 179: 166: 162: 161: 159:Henry Sidgwick 152: 148: 147: 142: 138: 137: 132: 129:School or 126: 125: 120: 116: 115: 110: 106: 105: 101: 100: 97: 96: 92:Cambridgeshire 86: 84:(aged 81) 78: 74: 73: 63: 52: 48: 47: 39: 38: 35: 26: 24: 14: 13: 10: 9: 6: 4: 3: 2: 1570: 1559: 1556: 1554: 1551: 1549: 1546: 1544: 1541: 1539: 1536: 1534: 1531: 1529: 1526: 1524: 1521: 1519: 1516: 1514: 1511: 1509: 1506: 1504: 1501: 1499: 1496: 1494: 1491: 1489: 1486: 1485: 1483: 1474: 1470: 1467: 1464: 1459: 1455: 1454: 1450: 1444: 1438: 1434: 1430: 1425: 1421: 1416: 1412: 1406: 1402: 1398: 1393: 1392: 1388: 1382: 1374: 1370: 1366: 1365: 1359: 1358: 1354: 1345: 1341: 1337: 1333: 1329: 1325: 1318: 1315: 1309: 1306: 1301: 1295: 1291: 1284: 1281: 1275: 1273: 1269: 1266: 1261: 1258: 1253: 1246: 1243: 1238: 1232: 1228: 1221: 1219: 1215: 1210: 1206: 1202: 1198: 1194: 1190: 1186: 1179: 1176: 1171: 1167: 1163: 1159: 1155: 1151: 1147: 1140: 1137: 1132: 1128: 1124: 1120: 1116: 1109: 1106: 1101: 1097: 1093: 1089: 1085: 1078: 1075: 1070: 1066: 1062: 1058: 1054: 1050: 1046: 1039: 1036: 1024: 1017: 1010: 1007: 994: 990: 989:www.eshet.net 986: 980: 977: 972: 968: 964: 963: 955: 952: 947: 941: 937: 930: 927: 922: 915: 912: 907: 903: 897: 894: 891: 887: 886: 879: 877: 873: 868: 864: 860: 856: 849: 846: 839: 834: 830: 827: 826: 822: 817: 814: 811: 808: 806: 802: 799: 795: 792: 789: 786: 783: 779: 776: 773: 770: 766: 763: 760: 757: 753: 750: 746: 743: 739: 735: 732: 729: 726: 723: 720: 716: 713: 710: 707: 703: 700: 697: 694: 691: 688: 684: 681: 678: 675: 671: 668: 665: 663: 657: 653: 650: 646: 642: 639: 638: 634: 631: 628: 625: 622: 619: 615: 612: 608: 604: 602:9780415143912 598: 595:. Macmillan. 594: 593: 587: 584: 581: 578: 574: 571: 568: 565: 562: 561: 557: 555: 552: 549: 548:Wilfrid Noyce 544: 542: 538: 534: 533: 528: 524: 523:gold standard 519: 514: 512: 508: 504: 500: 496: 489:Personal life 488: 486: 484: 483: 477: 474: 469: 467: 462: 460: 456: 451: 448: 444: 439: 437: 436:human capital 433: 429: 428:wage rigidity 425: 420: 418: 414: 410: 406: 402: 398: 394: 390: 386: 382: 377: 375: 371: 367: 363: 358: 356: 352: 347: 345: 341: 337: 329:Academic work 328: 326: 324: 320: 316: 312: 309:. He won the 308: 304: 300: 299:Harrow School 296: 292: 291:Isle of Wight 288: 280: 278: 276: 272: 269:and the 1919 268: 264: 260: 259:index numbers 256: 252: 248: 244: 240: 236: 230: 206: 197: 194: 189: 185: 181: 178: 177:Pigouvian tax 174: 170: 169:Externalities 167: 165:Contributions 163: 160: 156: 153: 149: 146: 143: 139: 136: 133: 127: 124: 121: 117: 114: 111: 107: 102: 98: 93: 89: 79: 75: 70: 69:Isle of Wight 66: 53: 49: 45: 40: 33: 30: 19: 1465:at Wikiquote 1428: 1419: 1396: 1362: 1327: 1317: 1308: 1289: 1283: 1260: 1251: 1245: 1226: 1192: 1188: 1178: 1153: 1149: 1139: 1122: 1118: 1108: 1091: 1087: 1077: 1052: 1048: 1038: 1026:. Retrieved 1023:Jargon Alert 1022: 1009: 997:. Retrieved 993:the original 988: 979: 961: 954: 935: 929: 920: 914: 905: 896: 883: 858: 854: 848: 815: 809: 793: 787: 781: 774: 768: 761: 755: 748: 737: 730: 724: 718: 711: 705: 698: 692: 686: 679: 673: 666: 655: 644: 635: 630:Unemployment 629: 623: 617: 610: 591: 582: 576: 569: 563: 553: 545: 530: 515: 492: 480: 478: 473:Pigou effect 470: 463: 458: 454: 452: 442: 440: 421: 401:Ronald Coase 396: 392: 389:Pigovian tax 380: 378: 366:Lloyd George 359: 348: 343: 332: 284: 204: 203: 173:Pigou effect 82:(1959-03-07) 80:7 March 1959 29: 18:Arthur Pigou 1493:1959 deaths 1488:1877 births 497:. He was a 495:World War I 385:externality 119:Institution 1482:Categories 1383:required.) 1236:0714612421 888:, 2nd ed. 835:References 413:carbon tax 409:Pigou Club 275:income tax 151:Influences 57:1877-11-18 1344:0013-0427 1328:Economica 1209:0013-0133 1170:0033-5533 1131:0022-3808 1100:0044-3158 1069:0013-0427 1049:Economica 999:20 August 921:The Times 890:Abstract. 782:Economica 738:Economica 532:The Times 243:economics 235:economist 131:tradition 94:, England 88:Cambridge 71:, England 1028:21 April 971:12218279 823:See also 801:Archived 374:Marshall 1471:at the 1355:Sources 818:, 1952. 812:, 1951. 777:, 1944. 764:, 1941. 742:115–132 733:, 1935. 727:, 1933. 714:, 1928. 701:, 1927. 695:, 1923. 682:, 1922. 632:, 1914. 626:, 1912. 585:, 1905. 572:, 1903. 566:, 1901. 353:at the 289:on the 1439:  1407:  1377: 1342:  1296:  1233:  1207:  1168:  1129:  1098:  1067:  969:  942:  649:38– 65 599:  407:. The 183:Awards 1019:(PDF) 840:Notes 798:links 191:1903 186:1899 109:Field 1437:ISBN 1405:ISBN 1340:ISSN 1294:ISBN 1231:ISBN 1205:ISSN 1166:ISSN 1127:ISSN 1096:ISSN 1065:ISSN 1030:2020 1001:2015 967:OCLC 940:ISBN 597:ISBN 287:Ryde 77:Died 65:Ryde 51:Born 1369:doi 1332:doi 1197:doi 1158:doi 1057:doi 863:doi 662:Pdf 501:to 368:'s 273:on 1484:: 1435:. 1431:. 1403:. 1399:. 1338:. 1326:. 1271:^ 1217:^ 1203:. 1193:44 1191:. 1187:. 1164:. 1154:49 1152:. 1148:. 1123:42 1121:. 1117:. 1090:. 1086:. 1063:. 1051:. 1047:. 1021:. 987:. 904:. 875:^ 859:40 857:. 461:. 430:, 426:, 419:. 372:. 346:. 277:. 257:, 226:uː 220:iː 157:, 90:, 67:, 1445:. 1413:. 1375:. 1371:: 1346:. 1334:: 1302:. 1239:. 1211:. 1199:: 1172:. 1160:: 1133:. 1102:. 1092:6 1071:. 1059:: 1053:1 1032:. 1003:. 973:. 948:. 869:. 865:: 784:. 771:. 758:. 751:. 744:. 721:. 708:. 689:. 676:. 651:. 620:. 613:. 605:. 579:. 229:/ 223:ɡ 217:p 214:ˈ 211:/ 207:( 59:) 55:( 20:)

Index

Arthur Pigou

Ryde
Isle of Wight
Cambridge
Cambridgeshire
Welfare economics
University of Cambridge
Neoclassical economics
King's College, Cambridge
Alfred Marshall
Henry Sidgwick
Externalities
Pigou effect
Pigouvian tax
Chancellor's Gold Medal
Adam Smith Prize
/ˈpɡ/
economist
University of Cambridge
economics
welfare economics
business cycle
public finance
index numbers
national output
Cunliffe Committee
Royal Commission
income tax
Ryde

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.