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Article: Progress: poverty or prosperity? Joining the debate between George and Marshall on the effects of economic growth on the distribution of income. (History of Thought).(Henry George)(Alfred Marshall)
- Article from:
- The American Journal of Economics and Sociology
- Article date:
- December 1, 2001
- Author:
CopyrightCOPYRIGHT 2001 Blackwell Publishers Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NAHID ASLANBEIGUI (*)
ADELE WIGK (**)
Two Late-19th-Century Authors
HENRY GEORGE AND Alfred Marshall were among the most influential authors of the late 19th century. George's best-selling Progress and Poverty fueled many policy debates of the time; and Marshall's Principles of Economics, the standard textbook for decades, laid the foundation for modern economics. Each recognized the other's influence. In 1883, at the height of George's fame in the British Isles, Marshall acknowledged George's "singular and almost unexampled power of catching the ear of the people" (Marshall and George [1884] 1969:221); and over a decade later, when Marshall's ...