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Is There a Cambridge Approach to Economics?

In: Economic Theories, Protagonists and Facts

Author

Listed:
  • Maria Cristina Marcuzzo

    (Sapienza University of Rome)

Abstract

In this paper I argue that “the Cambridge approach to economics” is not as cohesive and a fully-fledged system of thought, but rather a legacy with many threads. Several aspects of method, “style” and content of the economics associated with the Cambridge tradition, whose imprinting is to be traced to Marshall, make it well recognizable, when compared with the so called “mainstream” economics and other schools of thought. The “style” aspect of the Cambridge economists as a group lies in the communication—written and oral—that led to very close forms of interaction, not devoid of diversity and dissent; in the physical and temporal closeness, helped in part by relatively unconventional lifestyles upon which profound personal ties were threaded and woven. I will investigate the features of this approach under the headings of divergences, differences, and communalities.

Suggested Citation

  • Maria Cristina Marcuzzo, 2024. "Is There a Cambridge Approach to Economics?," Palgrave Studies in the History of Economic Thought, in: Economic Theories, Protagonists and Facts, chapter 0, pages 173-189, Palgrave Macmillan.
    • Handle: RePEc:pal:pshchp:978-3-031-63949-4_10
    DOI: 10.1007/978-3-031-63949-4_10
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    More about this item

    Keywords

    Cambridge economics; Keynes; Robinson; Sraffa; Kahn; Marshall;
    All these keywords.

    JEL classification:

    • B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925
    • B30 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - General
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals

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