Born: Jul 26, 1842 AD
Died: 1924 AD, at 81 years of age.
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1923 - He published Money, Credit, and Commerce, a broad amalgam of previous economic ideas, published and unpublished, stretching back a half-century.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.
Page last updated: 1:45am, 15th Jun '07