Official Papers of Alfred Marshall: A Supplement

This book constitutes a supplement to the 1926 account of Alfred Marshall's Official Papers edited by John Maynard Keynes. This book presents material which Keynes did not include, editorial notes and introductions to the various pieces. It focuses on the advice that Marshall, a founding father of modern economics, offered to the British government in the late nineteenth century. The topics covered include education, the role of women, trade unions, unemployment, public enterprise, the quantity theory of money, inflation and trade, benefits of free trade and dangers of protection. The material offers valuable insights into policy thinking a century ago, much of which has a surprising degree of relevance to the pressing policy issues at the end of the present century. The contents facilitates understanding this doyen of British economics and founder of the Cambridge School of Economics.