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Arthur Cecil Pigou information


Arthur Cecil Pigou
Born(1877-11-18)18 November 1877
Ryde, Isle of Wight, England
Died7 March 1959(1959-03-07) (aged 81)
Cambridge, Cambridgeshire, England
Academic career
InstitutionUniversity of Cambridge
FieldWelfare economics
School or
tradition
Neoclassical economics
Alma materKing's College, Cambridge
InfluencesAlfred Marshall, Henry Sidgwick[1]
ContributionsExternalities
Pigou effect
Pigouvian tax
Awards1899 Chancellor's Gold Medal
1903 Adam Smith Prize

Arthur Cecil Pigou (/ˈpɡ/; 18 November 1877 – 7 March 1959) was an English economist. As a teacher and builder of the School of Economics at the University of Cambridge, he trained and influenced many Cambridge economists who went on to take chairs of economics around the world. His work covered various fields of economics, particularly welfare economics, but also included business cycle theory, unemployment, public finance, index numbers, and measurement of national output.[2] 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 Cunliffe Committee and the 1919 Royal Commission on income tax.

  1. ^ Medema, Steven G. (1 December 2008). ""Losing My Religion":Sidgwick, Theism, and the Struggle for Utilitarian Ethics in Economic Analysis". History of Political Economy. 40 (5): 189–211. doi:10.1215/00182702-2007-066.
  2. ^ Nahid Aslanbeigui, 2008. "Pigou, Arthur Cecil (1877–1959)," The New Palgrave Dictionary of Economics, 2nd ed. Abstract.

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Arthur Cecil Pigou

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Arthur Cecil Pigou (/ˈpiːɡuː/; 18 November 1877 – 7 March 1959) was an English economist. As a teacher and builder of the School of Economics at the University...

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Pigou effect

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deflation. The term was named after Arthur Cecil Pigou by Don Patinkin in 1948. Real wealth was defined by Arthur Cecil Pigou as the summation of the money...

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Pigouvian tax

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economist Arthur Cecil Pigou (1877–1959), who also developed the concept of economic externalities. William Baumol was instrumental in framing Pigou's work...

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Pigou

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surname Pigou forms part of the terms Pigou Club and Pigouvian tax, both derived from the name of the English economist Arthur Cecil Pigou. Pigou is an...

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History of economic thought

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although he had reservations as revealed in a letter to his student Arthur Cecil Pigou: "(1) Use mathematics as shorthand language, rather than as an engine...

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Alfred Marshall

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and welfare economics; after his retirement leaderships passed to Arthur Cecil Pigou and John Maynard Keynes. Marshall desired to improve the mathematical...

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List of economists

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reformer V. R. Panchamukhi Javier Perez-Capdevila Vilfredo Pareto Arthur Cecil Pigou Thomas Piketty Edward C. Prescott Christina Paxson Krishna Palepu...

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Pigou Club

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A Pigovian tax (also spelled Pigouvian tax, named after economist Arthur Cecil Pigou) is a tax levied to correct the negative externalities (negative side-effects)...

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Human capital

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Fisher. An early discussion with the phrase "human capital" was from Arthur Cecil Pigou: There is such a thing as investment in human capital as well as investment...

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List of important publications in economics

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Possibilities for our time (2005) Jeffrey Sachs Arthur Cecil Pigou The Economics of Welfare, 4th ed. 1932 Description: Pigou was one of the most influential economists...

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Lionel Robbins

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comprising also Hubert Henderson and Josiah Stamp from the council, with Arthur Cecil Pigou and Robbins representing academia. Robbins refused to sign a draft...

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Theories of taxation

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principle). Influential theories have been the ability theory presented by Arthur Cecil Pigou and the benefit theory developed by Erik Lindahl. There is a later...

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Limited liability

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2307/1341705. ISSN 0017-811X. JSTOR 1341705. S2CID 55993724. "Pigou in the Foreground", Arthur Cecil Pigou, Palgrave Macmillan, 2015, doi:10.1057/9781137314505...

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Liberalism in the United Kingdom

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M. Trevelyan, Edwin Montagu, Charles Masterman, Alfred Marshall, Arthur Cecil Pigou and young John Maynard Keynes. Socialists meanwhile dominated the...

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The Economics of Imperfect Competition

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Joan Robinson. The book discusses the views of Alfred Marshall and Arthur Cecil Pigou on competition and the theory of the firm. Marshall believed that...

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Neoclassical economics

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and among the main representatives were Arthur Cecil Pigou, Ralph George Hawtrey and Dennis Holme Robertson. Pigou worked on the theory of welfare economics...

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Adam Smith Prize

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choice. 1894 Arthur Lyon Bowley 1897 Frederick Pethick-Lawrence, 1st Baron Pethick-Lawrence 1900 Sydney Chapman 1903 Arthur Cecil Pigou 1906 Ernest Alfred...

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Progressive tax

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maint: multiple names: authors list (link) The Economics of Welfare] Arthur Cecil Pigou Andrew Berg and Jonathan D. Ostry, 2011, "Inequality and Unsustainable...

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List of eponymous adjectives in English

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Pickwickian – Samuel Pickwick, Dickens' fictional character Pigouvian – Arthur Cecil Pigou (as in Pigouvian Tax) Pinteresque – Harold Pinter Platonic – Plato...

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Macmillan Committee

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committee took evidence from many leading economists of the day, such as Arthur Cecil Pigou, D. H. Robertson and Lionel Robbins, on the subject of unemployment...

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Economic inequality

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The Guardian. Retrieved May 27, 2014. The Economics of Welfare| Arthur Cecil Pigou "inequity - Traduction anglais-arabe | PONS". fr.pons.com. Retrieved...

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List of University of Cambridge people

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Douglass North (Girton), Nobel Prize winner* Luigi Pasinetti (King's) Arthur Cecil Pigou (King's) Rogelio Ramírez de la O (Fitzwilliam) Frank P. Ramsey...

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History of macroeconomic thought

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monetary theorists Alfred Marshall, Arthur Cecil Pigou, and Keynes were based at University of Cambridge. Pigou and Keynes were associated with the constituent...

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