http://www.neoclassic.com Neo Classical Sat, 12 Mar 2011 03:19:17 +0000 en hourly 1 http://wordpress.org/?v=3.1.2 http://www.neoclassic.com/marshall-and-neoclassical-economics.html?utm_source=rss&utm_medium=rss&utm_campaign=marshall-and-neoclassical-economics http://www.neoclassic.com/marshall-and-neoclassical-economics.html#comments Wed, 16 Sep 2009 12:59:57 +0000 Neo http://www.neoclassic.com/?p=526 “It is common to distinguish necessaries, comforts, and luxuries,” wrote influential economist Alfred Marshall. “The first class including all things required to meet wants which must be satisfied, while the latter consist of things that meet wants of a less urgent character.” Marshall’s discernment between the various dimensions of the material economy – the [...]]]> http://www.neoclassic.com/marshall-and-neoclassical-economics.html/feed 0