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- 28 Feb. 1879 (Creation)
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1 doc
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Thanks Sidgwick for sending him printed copies of Marshall's Theory of [Foreign] Trade. Declares his problems to be 'exceedingly ingenious and very important for throwing light on difficult points of pol[itical] econ[omy].' Refers to his own and Sidgwick's differing interpretations of one of Marshall's points regarding the method of diagrams and the method of symbols. States that he has 'for some time past been inquiring into the history of the mathematical treatment of Economics', and hopes eventually to publish his findings. Refers to the Recherches sur les Principes Mathematiques de la Theorie des Richesses by Augustin Cournot, which he believes to be 'a very beautiful piece of mathematical analysis applied to the laws of supply and demand'. Refers to an enclosed list (not included). Announces that he will refer to Professor Marshall's inquiries in the new edition of his Theory. Expresses his satisfaction at getting Sidgwick's ideas about his attack on Mill, but disagrees with him on a point in relation to Herbert Spencer. Claims that in Mill 'contradiction is of the essence of his method'. Hopes some day to complete his criticism and prove his assertions, but claims to be not equal to finishing all he undertakes.
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- Marshall, Alfred (1842-1924), economist (Subject)
- Cournot, Antoine Augustin (1801-1877) philosopher, mathematician and economist (Subject)
- Mill, John Stuart (1806-1873), philosopher, economist, and advocate of women's rights (Subject)
- Spencer, Herbert (1820-1903), philosopher, social theorist, and sociologist (Subject)
- Jevons, William Stanley (1835-1882), economist (Subject)