The Economic Sociology of Alfred Marshall: An Overview.

The American Journal of Economics and Sociology | October 1, 1999| | Copyright

PATRIK ASPERS [*]

ABSTRACT. The aim of the paper is to present the economic sociology of Alfred Marshall (1842-1924), Three topics are discussed in the paper: Marshall's ideas of how preferences are generated, the theory of action, and finally the introduction of a fourth factor of production, organization. Throughout the paper Marshall's broad perspective is demonstrated. It is argued that Marshall's approach encourages a closer connection between sociologists interested in economic phenomena and economists. This conclusion is strengthened because of the ...

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