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Edwin Cannan
Edwin Cannan (3 February 1861, Funchal, Madeira – 8 April 1935, Bournemouth), the son of David Cannan and artist Jane Cannan, was a British economist and historian of economic thought. He was a professor at the London School of Economics from 1895 to 1926. As a partisan of Jevonianism, Edwin Cannan is perhaps best known for his logical dissection and destruction of Classical theory in his famous 1894 tract ''A History of the Theories of Production and Distribution''. Although Cannan had personal and professional difficulties with Alfred Marshall, he was still "Marshall's man" at the LSE from 1895 to 1926. During that time, particularly during his long stretch as chairman after 1907, Edwin Cannan shepherded the LSE away from its roots in Fabian socialism into tentative Marshallianism. This period was only to last, however, until his protégé, Lionel Robbins, took over with his more "Continental" ideas. Though Cannan, in his early years as an economist, was a critic of classi ...
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Edwin Cannan
Edwin Cannan (3 February 1861, Funchal, Madeira – 8 April 1935, Bournemouth), the son of David Cannan and artist Jane Cannan, was a British economist and historian of economic thought. He was a professor at the London School of Economics from 1895 to 1926. As a partisan of Jevonianism, Edwin Cannan is perhaps best known for his logical dissection and destruction of Classical theory in his famous 1894 tract ''A History of the Theories of Production and Distribution''. Although Cannan had personal and professional difficulties with Alfred Marshall, he was still "Marshall's man" at the LSE from 1895 to 1926. During that time, particularly during his long stretch as chairman after 1907, Edwin Cannan shepherded the LSE away from its roots in Fabian socialism into tentative Marshallianism. This period was only to last, however, until his protégé, Lionel Robbins, took over with his more "Continental" ideas. Though Cannan, in his early years as an economist, was a critic of classi ...
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Lionel Robbins
Lionel Charles Robbins, Baron Robbins, (22 November 1898 – 15 May 1984) was a British economist, and prominent member of the economics department at the London School of Economics (LSE). He is known for his leadership at LSE, his proposed definition of economics, and for his instrumental efforts in shifting Anglo-Saxon economies, Anglo-Saxon economics from its Alfred Marshall, Marshallian direction. He is famous for the quote, "Humans want what they can't have." Early life Robbins was born in Sipson, west of London, the son of Rowland Richard Robbins (1872–1960), known as Dick, and his wife Rosa Marion Harris; his father was a farmer, a member of Middlesex County Council involved also in the National Farmers' Union of England and Wales, National Farmers' Union, and the family was Strict Baptist. His sister Caroline Robbins, Caroline became a noted Professor of History at Bryn Mawr College. Robbins was educated at home, at Hounslow College (a Preparatory school (United Kingd ...
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British Economists
British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies. ** Britishness, the British identity and common culture * British English, the English language as spoken and written in the United Kingdom or, more broadly, throughout the British Isles * Celtic Britons, an ancient ethno-linguistic group * Brittonic languages, a branch of the Insular Celtic language family (formerly called British) ** Common Brittonic, an ancient language Other uses *''Brit(ish)'', a 2018 memoir by Afua Hirsch *People or things associated with: ** Great Britain, an island ** United Kingdom, a sovereign state ** Kingdom of Great Britain (1707–1800) ** United Kingdom of Great Britain and Ireland (1801–1922) See also * Terminology of the British Isles * Alternative names for the British * English (other) * Britannic (other) * British Isles * Brit (other) * Briton (d ...
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1935 Deaths
Events January * January 7 – Italian premier Benito Mussolini and French Foreign Minister Pierre Laval conclude an agreement, in which each power agrees not to oppose the other's colonial claims. * January 12 – Amelia Earhart becomes the first person to successfully complete a solo flight from Hawaii to California, a distance of 2,408 miles. * January 13 – A plebiscite in the Territory of the Saar Basin shows that 90.3% of those voting wish to join Germany. * January 24 – The first canned beer is sold in Richmond, Virginia, United States, by Gottfried Krueger Brewing Company. February * February 6 – Parker Brothers begins selling the board game Monopoly in the United States. * February 13 – Richard Hauptmann is convicted and sentenced to death for the kidnapping and murder of Charles Lindbergh Jr. in the United States. * February 15 – The discovery and clinical development of Prontosil, the first broadly effective antibiotic, is published in a se ...
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1861 Births
Statistically, this year is considered the end of the whale oil industry and (in replacement) the beginning of the petroleum oil industry. Events January–March * January 1 ** Benito Juárez captures Mexico City. ** The first steam-powered carousel is recorded, in Bolton, England. * January 2 – Friedrich Wilhelm IV of Prussia dies, and is succeeded by Wilhelm I. * January 3 – American Civil War: Delaware votes not to secede from the Union. * January 9 – American Civil War: Mississippi becomes the second state to secede from the Union. * January 10 – American Civil War: Florida secedes from the Union. * January 11 – American Civil War: Alabama secedes from the Union. * January 12 – American Civil War: Major Robert Anderson sends dispatches to Washington. * January 19 – American Civil War: Georgia secedes from the Union. * January 21 – American Civil War: Jefferson Davis resigns from the United States Senate. * January 26 ...
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William Harold Hutt
William Harold Hutt (3 August 1899 – 19 June 1988) was an English economist who described himself as a classical economist.Egger, John B. "William Harold Hutt (1899–1988): A Biographical Essay from an Austrian Perspective." '' Mises.org''./ref> Early life Hutt was born into a working-class, but educated family in London, where his father was a compositor. After he completed high school during the height of the First World War, he began training as a pilot, but abandoned his training at the end of the war. Champion, Rafe. "The Achievement of William Harold Hutt./ref> Education Hutt attended the London School of Economics (LSE) where he earned a Bachelor of Commerce degree under the "leading influence" of Edwin Cannan. After his 1924 graduation from LSE, Hutt worked for a publisher until 1927. It was during this period that Hutt wrote his first published essay, entitled "The Factory System of the Early Nineteenth Century" (1926). Professional career Rather than wholly re ...
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The Economic Journal
''The Economic Journal'' is a peer-reviewed academic journal of economics published on behalf of the Royal Economic Society by Oxford University Press. The journal was established in 1891 and publishes papers from all areas of economics.The editor-in-chief is Francesco Lippi (Libera Università Internazionale degli Studi Sociali Guido Carli & Einaudi Institute of Economics and Finance). According to the Journal Citation Reports, the journal has a 2020 impact factor of 3.178. History Introduction The journal was conceived in November 1890, at the inauguration of the British Economic Association (which became the Royal Economic Society in 1902). One of the central aims of the new society was to create a forum through which British economic research could be published. In a circular sent out before the inaugural meeting, Alfred Marshall, one of the founding members of the society, indicated the significant impact a new journal would have on British economic science: ''...the n ...
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Cannan - Review Of Economic Theory, 1929 - 5784963
Cannan is a surname of Manx origin, and may refer to: * David Cannan * Denis Cannan * Edwin Cannan, British economist * Gilbert Cannan * James Harold Cannan * Joanna Cannan *John Cannan, a British convicted murderer * May Wedderburn Cannan * Ron Cannan See also * Cannon (surname) * Cannan (region) * Canaan (other) Canaan ( he, כנען, link=no) ( ar, كنعان, link=no) was the ancient region of the Levant. It is also a Semitic personal name or surname used by Arabic and Hebrew-speaking people. Canaan may also refer to: Places Canada * Rural Municipa ... * Canan {{surname Manx-language surnames ...
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Classical Liberalism
Classical liberalism is a political tradition Political culture describes how culture impacts politics. Every political system is embedded in a particular political culture. Definition Gabriel Almond defines it as "the particular pattern of orientations toward political actions in which ... and a History of liberalism, branch of liberalism that advocates free market and laissez-faire economics; civil liberties under the rule of law with especial emphasis on individual autonomy, limited government, economic freedom, political freedom and freedom of speech. It gained full flowering in the early 18th century, building on ideas stemming at least as far back as the 13th century within the Iberian, Anglo-Saxon, and central European contexts and was foundational to the American Revolution and "American Project" more broadly. Notable liberal individuals whose ideas contributed to classical liberalism include John Locke,Steven M. Dworetz (1994). ''The Unvarnished Doctrine: Lock ...
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Fabian Socialism
The Fabian Society is a British socialist organisation whose purpose is to advance the principles of social democracy and democratic socialism via gradualist and reformist effort in democracies, rather than by revolutionary overthrow. The Fabian Society was also historically related to radicalism, a left-wing liberal tradition. As one of the founding organisations of the Labour Representation Committee in 1900, and as an important influence upon the Labour Party which grew from it, the Fabian Society has had a powerful influence on British politics. Members of the Fabian Society have included political leaders from other countries, such as Jawaharlal Nehru, who adopted Fabian principles as part of their own political ideologies. The Fabian Society founded the London School of Economics in 1895. Today, the society functions primarily as a think tank and is one of twenty socialist societies affiliated with the Labour Party. Similar societies exist in Australia (the Australi ...
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Funchal
Funchal () is the largest city, the municipal seat and the capital of Portugal's Madeira, Autonomous Region of Madeira, bordered by the Atlantic Ocean. The city has a population of 105,795, making it the sixth largest city in Portugal. Because of its high cultural and historical value, Funchal is one of Portugal's main tourist attractions; it is also popular as a destination for New Year's Eve, and it is the leading Portuguese port on cruise liner dockings. Etymology The first settlers named their settlement Funchal after the abundant wild fennel that grew there. The name is formed from the Portuguese language, Portuguese word for fennel, ''funcho,'' and the suffix ''-al'', to denote "a plantation of fennel": History This settlement began around 1424, when the island was divided into two ''Captaincy, captaincies.'' The zones that would become the urbanized core of Funchal were founded by João Gonçalves Zarco who settled there with members of his family. Owing to its geograp ...
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Alfred Marshall
Alfred Marshall (26 July 1842 – 13 July 1924) was an English economist, and was one of the most influential economists of his time. His book '' Principles of Economics'' (1890) was the dominant economic textbook in England for many years. It brought the ideas of supply and demand, marginal utility, and costs of production into a coherent whole. He is known as one of the founders of neoclassical economics. Life and career Marshall was born at Bermondsey in London, second son of William Marshall (1812–1901), clerk and cashier at the Bank of England, and Rebecca (1817–1878), daughter of butcher Thomas Oliver, from whom, on her mother's death, she inherited property. William Marshall was a devout strict Evangelical, "author of an Evangelical epic in a sort of Anglo-Saxon language of his own invention which found some favour in its appropriate circles" and of a tract titled ''Men's Rights and Women's Duties''. Marshall had two brothers and two sisters; a cousin was the econ ...
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