The Economic Sociology of Alfred Marshall:An Overview |
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Authors: | Patrik Aspkrs |
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Affiliation: | Patrik Aspers is at the Department of Sociology, Stockholm University, S 106 91 Stockholm, Sweden, Phone + 46 8 163178, Fax +46 8 612 55 80, |
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Abstract: | A bstract 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 resemblance of Marshall's analysis to those offered by Max Weber and Thorstein Veblen. |
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