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Topic: Arthur Pigou

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		Arthur was the illegitimate son of Uther Pendragon, king of Britain, and Igraine, the wife of Gorlois of Cornwall.
		Arthur I Arthur I, 1187-1203?, duke of Brittany (1196-1203?), son of Geoffrey, fourth son of Henry II of England and Constance, heiress of Brittany.
		Arthur, a posthumous child, was proclaimed duke in 1196, and an invasion by his uncle King Richard I of England was repulsed with French aid.
	www.encyclopedia.com /searchpool.asp?target=Arthur+Cecil+Pigou (525 words)

	Origin of the Idea
		Pigou, a British welfare economist (meaning that his economic theories focuses on maximizing the well-being of society), studied at King's College in Cambridge and later served as the chair of political economy at Cambridge from 1908 to 1943.
		Pigou is also known for his contributions to the aggregate demand-aggregate supply model (the "real balances effect"), and to theories of price discrimination.
		Pigou's reasoning was that the marginal utility of a dollar for a poor man was greater than for a rich man, and so by transferring dollars from the rich to the poor, the net gain in social welfare would be positive.
	highered.mcgraw-hill.com /sites/0072819359/student_view0/chapter30/origin_of_the_idea.html (1120 words)

	Arthur Cecil Pigou Biography / Biography of Arthur Cecil Pigou Biography
		The English economist Arthur Cecil Pigou (1877-1959) is best known for his basic contributions to the theory of welfare economics and for his defense of neoclassic economics against the attacks of the Keynesian school.
		Pigou answered with several books and articles in which he attempted to reformulate his position in the light of Keynes's criticisms.
		Pigou died on March 7, 1959, at the age of 81.
	www.bookrags.com /biography-arthur-cecil-pigou (579 words)

	Arthur Cecil Pigou - Wikipedia, the free encyclopedia
		Arthur Cecil Pigou (November 18, 1877 – March 7, 1959) was an English economist, known for his work in many fields and particularly in welfare economics.
		He went to Harrow School and was a graduate of King's College, Cambridge, where he studied under Alfred Marshall.
		Pigovian taxes, taxes used to correct negative externalities, are named in his honor.
	en.wikipedia.org /wiki/Arthur_Cecil_Pigou (141 words)

	Arthur Cecil Pigou (Site not responding. Last check: 2007-09-10)
		Arthur Cecil Pigou (November 18, 1877 - March 7, 1959) was an English economist, known for his work in many fields and particularly in welfare economics.
		He was a graduate of King's College, Cambridge, where he studied under Alfred Marshall.
		Pigou was a professor of economics at Cambridge University from 1908 to 1943.
	pedia.newsfilter.co.uk /wikipedia/a/ar/arthur_cecil_pigou.html (114 words)

	AC Pigou, Economics, Free Essays @ ChuckIII College Resources
		Pigou was born in the family home of his mother in 1877 at Ryde, in the Isle of Wight, on the eighteenth of November.
		Pigou’s Contributions to the Study of Economics One of Pigou’s major contributions to economics was his work in Welfare economics.
		Pigou thought that practical policies based on propositions from welfare economics were not possible because of the fact that comparisons of utility between people cannot be made.
	www.chuckiii.com /Reports/Economics/AC_Pigou.shtml (1051 words)

	Arthur Cecil Pigou -- Britannica Concise Encyclopedia - The online encyclopedia you can trust!
		Pigou was responsible for disseminating many of Marshall's ideas and thereby provided the leading theoretical basis for what came to be known as the Cambridge school of economics.
		In it, Pigou developed Marshall's concept of externalties, which are the costs imposed or benefits conferred on others that are not accounted for by the person who creates these costs or benefits.
		Pigou's analysis was widely accepted until the early 1960s, when Ronald Coase showed that taxes and subsidies are not necessary if the partners in the transaction—that is, the people affected by the externality and the people who cause it—can bargain over the transaction.
	www.britannica.com /ebc/article-9059996 (841 words)

	Eastern Economic Journal: Rethinking Pigou's misogyny
		Arthur Cecil Pigou was born on 18 November 1877 and died on 7 March 1959.
		Pigou, Donald Corrie tells us, "was scared of female society at the best of times." He relays a corroborating story about a mountaineering venture: the scene a hotel in a Swiss town and the plan to ascend Titlis.
		Pigou loved children (in general and those of his friends in particular)3 and was concerned for their well-being.
	www.findarticles.com /p/articles/mi_qa3620/is_199707/ai_n8768908 (1289 words)

	Pigou effect (Site not responding. Last check: 2007-09-10)
		The Pigou effect is an economics term that refers to the stimulation of output & employment caused by increasing consumption due to a rise in real balances of wealth, particularly during deflation
		Pigou hypothesised that that falling prices would make consumers feel richer (and increase spending) but Japanese consumers tended to report that they preferred to delay purchases, expecting that prices would fall further.
		A similar, reverse Pigou effect happens throughout the world in consumer electronics because of depreciating prices (this is sometimes called the Osbourne effect).
	www.worldhistory.com /wiki/P/Pigou-effect.htm (763 words)

	Arthur C. Pigou / Biography
		As the prize student and successor of Alfred Marshall, Arthur Cecil Pigou personified the "Cambridge Neoclassicals" -- the heart of the Marshallian orthodoxy in the first third of the century.
		As a result he was made the main target of his colleague, J.M. Keynes in the latter's General Theory -- Pigou's Theory of Unemployment (1933) being held up by Keynes as the example of everything that was wrong with Neoclassical macroeconomics.
		Pigou's only other claim to fame is his creation of the field of "Welfare Economics" (1912, 1920).
	www.cooperativeindividualism.org /pigoubio.html (212 words)

	Arthur Cecil Pigou, Biography: The Concise Encyclopedia of Economics: Library of Economics and Liberty
		Arthur C. Pigou, a British economist, is best known for his work in welfare economics.
		Pigou's analysis was accepted until 1960, when Ronald Coase (see Coase) showed that taxes and subsidies were not necessary if the people affected by the externality and the people creating it could easily get together and bargain.
		Pigou taught straight Marshallian economics, often insisting to his students that "it's all in Marshall." (See Principles of Economics, by Alfred Marshall.) Pigou was throughout his life an avid free trader.
	www.econlib.org /library/Enc/bios/Pigou.html (391 words)

	ARTHUR CECIL PIGOU (Site not responding. Last check: 2007-09-10)
		Pigou believed the government should control the use of wood, coal and oil by the present generation otherwise nothing would remain for future generations.
		Pigou had strange quirks – he used to dictate to his secretary as she sat outside his open door as he would not let her in his office.
		Pigou lacked the ability to be an economic adviser.
	misserver.ucd.ie /STAFF/bstahl/econ_hist/pigou.htm (690 words)

	Arthur Cecil Pigou
		In particular, Arthur Pigou is responsible for the famous distinction between private and social marginal products and costs and the idea that governments can, via a mixture of taxes and subsidies, correct such market failures - or 'internalize the externalities'.
		The other source of bad luck was that Pigou was used by John Maynard Keynes as the 'straight man'.
		In the General Theory, Keynes held up Pigou's Theory of Unemployment (1933) as the example of everything that was wrong with neo-classical macroeconomics.
	www.economyprofessor.com /theorists/arthurcecilpigou.php (414 words)

	Pigou, Arthur Cecil (Site not responding. Last check: 2007-09-10)
		Pigou (1877-1959), often referred to in correspondence as "The Prof.", was educated at Harrow and King's College, Cambridge; he was president of the Union Society (1900).
		He was a member of the Committee on Currency and Foreign Exchange (1918-19), served on the Royal Commission on Income Tax (1919-20), the Chamberlain Committee (1924-25) and the Committee of Economists in the Economic Advisory Council with Keynes, Robbins, Henderson and Stamp (1930).
		Source: www ; DNB ; D. Collard, "A. Pigou, 1877-1959", in D. O'Brien and J. Presley (eds), Pioneers of Modern Economics in Britain (London: Macmillan, 1981).
	economia.unipv.it /~dbesomi/edition/editionstuff/rfh.4f7.htm (129 words)

	Economics of Welfare - Arthur C. Pigou, A. C. Pigou
		In her new introduction, Nahid Aslanbeigui discusses the life of Pigou and the history of The Economics of Welfare.
		She also discusses Pigou's theories asexpressed in this volume and some of the criticisms those theories have met as well as the impact of those criticisms.
		Pigou's discussion of the institutional structure governing labor-market operations in his Wealth and Welfare prompted Schumpeter to call the work "the greatest venture in labor economics ever undertaken by a man who was primarily a theorist".
	www.libreriauniversitaria.it /BUS/0765807394/Economics_of_Welfare.htm (428 words)

	Arthur Cecil PIGOU
		As the prize student and designated heir of Alfred Marshall, Arthur Cecil Pigou personified the "Cambridge Neoclassicals" - the heart of the Marshallian orthodoxy in the first third of the century.
		In particular, Pigou is responsible for the famous distinction between private and social marginal products and costs and the idea that governments can, via a mixture of taxes and subsidies, correct such market failures - or "internalize the externalities".
		But Pigou was not a lucky man. His approach came immediately under severe attack from Robbins and Knight.
	cepa.newschool.edu /het/profiles/pigou.htm (341 words)

	pigou and economics - Books, journals, articles @ The Questia Online Library
		Pigou said in his 1944 review that...Samuelson asked in his 1948 economics textbook whether it was true...of the Right." Free market economics have ruined communities and...
		PIGOU, ARTHUR CECIL pi goo, 1877 1959, British economist...his many works are Wealth and Welfare (1912), The Economics of Welfare (1920), The Political Economy of War (1921...versus Capitalism (1937), and Income: An Introduction to Economics (1946).
		British economist Arthur Pigou was influential in the development of welfare economics, an important branch of the discipline...
	www.questia.com /search/pigou-and-economics (1141 words)

	Matt & Andrej Koymasky - Famous GLTB - Arthur Pigou (Site not responding. Last check: 2007-09-10)
		Arthur Cecil Pigou was a Fellow of King's College, Cambridge.
		His notion of the "real balance effect" (the "Pigou effect") contended that employement was stimulated by a fall in prices, because the latter increased liquid wealth and thus demand for goods and services.
		Pigou introduced Noyce to mountaineering and took him to the Alps.
	andrejkoymasky.com /liv/fam/biop2/pigo1.html (115 words)

	AllRefer.com - economics : Since World War II (Economics: Terms And Concepts) - Encyclopedia
		Western economists notable for their contributions to the economics of growth and development include Gunnar Myrdal of Sweden, Sir Arthur Lewis of Great Britain, and Joseph Schumpeter of the United States.
		British economist Arthur Pigou was influential in the development of welfare economics, an important branch of the discipline that suggested that an economic system was better if even one person's satisfaction was increased while no one else's was decreased.
		In the 1980s supply-side economics (which sees economic growth as essential for improving the material health of society) was used as a policy tool by the Reagan administration.
	reference.allrefer.com /encyclopedia/E/economics-since-world-war-ii.html (372 words)

	AllRefer.com - Arthur Cecil Pigou (Economics, Biography) - Encyclopedia
		AllRefer.com - Arthur Cecil Pigou (Economics, Biography) - Encyclopedia
		Arthur Cecil Pigou[pi´gOO] Pronunciation Key, 1877–1959, British economist, grad.
		More articles from AllRefer Reference on Arthur Cecil Pigou
	reference.allrefer.com /encyclopedia/P/Pigou-Ar.html (263 words)

	Arthur Cecil Pigou - Encyclopedia, History, Geography and Biography
		Arthur Cecil Pigou - Encyclopedia, History, Geography and Biography
		This page was last modified 08:13, 3 May 2005.
		Arthur Cecil Pigou, Selected works and See also.
	www.arikah.com /encyclopedia/Arthur_Pigou (158 words)

	Pigovian tax - Wikipedia, the free encyclopedia
		Certain types of Pigovian taxes are sometimes referred to as sin taxes, for example taxes on alcohol and cigarettes.
		Pigovian taxes are named after economist Arthur Pigou (1877-1959) who also developed the concept of economic externalities.
		The diagram to the right illustrates the working of a Pigovian tax.
	en.wikipedia.org /wiki/Pigovian_tax (547 words)

	Arthur Cecil Pigou -- Britannica Student Encyclopedia
		When Marshall retired as a professor of political economy in 1908, Pigou was named as Marshall's replacement.
		Salisbury, Robert Arthur Talbot Gascoyne-Cecil, 3rd marquess of, Earl Of Salisbury, Viscount Cranborne, Baron Cecil Of Essendon
		His family heritage gave Arthur James Balfour the intellectual and political background for a 50-year career as a power in the British Conservative party, but his own philosophical, political, and speaking talents ensured his success.
	www.britannica.com /ebi/article-9059996 (638 words)

	World War 1 and 2 - Pigou effect
		The Pigou effect is an economics term that refers to the stimulation of employment by a rise in the real value of liquid balances as a result of declining prices.
		Classical economics models envisaged that full employment could be reached as a result of reduction in wages.
		The Pigou effect was first popularised by Arthur Cecil Pigou (1877-1959).
	www.worldwardiary.com /history/Pigou_effect (92 words)

	Book Review - Double Lives: Spies and Writers in the Secret Soviet War of Ideas against the West
		In the first half of the 20th century, one of the most respected and internationally famous economists was Arthur C. Pigou.
		A Cambridge University professor, Pigou became known as the father of modern welfare economics.
		In the 1920s and 1930s, Arthur Pigou was neither the only nor the most important figure among Western intellectuals who served the ends of the Soviet Union.
	www.fff.org /freedom/0794e.asp (1080 words)

	Piggin One-Name Study: Pigou of England
		In almost all cases this will be revealed to be a reference to the Pigou families.
		If by chance it should be of help to members of the Pigou family, all the better.
		This page is a work in progress, the fruit of many people's kindness and interest, and an annotation of where we are after many years of collecting data.
	www.piggin.de /pigou.htm (803 words)

	Life of Arthur Cecil Pigou \| Biography of Arthur Cecil Pigou
		The English economist Arthur Cecil Pigou (1877-1959) is best known for his basic contributions to the theory of welfare economics and for his defense of neoclassic economics against the attacks of the Keynesian school.Son of an army officer, A.C. Pigou was born on Nov. 18, 1877.
		He was made a fellow of King's College in 1902 and, in 1908, succeeded Alfred Marshall in the chair of political economy.Like Marshall, Pigou felt that the study of economics could be justified only as a means of improving human society.
		It follows from the "Pigou effect" that Keynes's "under-employment equilibrium" is not a true equilibrium but a state of disequilibrium occasioned by inflexible wages and prices.Pigou died on March 7, 1959, at the age of 81.
	www.essaywizards.com /biographies/Arthur_Cecil_Pigou-27441.html (323 words)

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