1842 – Alfred Marshall, born on the 26th of July in Bermondsey, London, England. He became one of the most influential economists of his time.
1868 – He became a professor specializing in political economy.
1879 – His works were compiled together into a work entitled The Pure Theory of Foreign Trade: The Pure Theory of Domestic Values.
– In the same year he published The Economics of Industry with his wife Mary Paley Marshall.
1881 – Achieved a measure of fame from this work, and upon the death of William Jevons, he became the leading British economist of the scientific school of his time.
1884 – Returned to Cambridge to take the seat as Professor of Political Economy.
1890 – His book, Principles of Economics, brings the ideas of supply and demand, of marginal utility and of the costs of production into a coherent whole.
1890 – 1924 – He was the respected father of the economic profession and to most economists for the half-century after his death, the venerable grandfather.
1923 – He published Money, Credit, and Commerce, a broad amalgam of previous economic ideas, published and unpublished, stretching back a half-century.
1924 – Died at his home, Balliol Croft, in Cambridge, England on the 13th of July at the age of 81.