Who criticized the definition given by Marshall and his supporting economists?
Answers
Answered by
1
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.
Similar questions
English,
6 months ago
English,
6 months ago
Math,
6 months ago
Social Sciences,
1 year ago
Biology,
1 year ago
Psychology,
1 year ago