Economy, asked by GoyamJain7281, 10 months ago

Who criticized the definition given by Marshall and his supporting economists?

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Answered by MissTanya
1

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Marshall's definition has been criticized by more recent economists, including Lionel Robbins. Robbins' criticisms include: Narrows down the scope of economics. Marshall distinguishes between material and non-material welfare, and confines economics to the study of material welfare.

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