Which economist shifted wealth to welfare
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Alfred Marshall
It was Alfred Marshall, the great neo-classical economist, who first shifted the emphasis not only from wealth to man but also from wealth to welfare. In his view, economics is “on the one side a study of wealth; and on the other, and more important side, a part of the study of man.”
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Hey Mate !
Alfred Marshall
It was Alfred Marshall, the great neo-classical economist, who first shifted the emphasis not only from wealth to man but also from wealth to welfare. In his view, economics is “on the one side a study of wealth; and on the other, and more important side, a part of the study of man.”
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