All about economy on the web

Arthur Cecil Pigou (1877-1959) developed earlier work by fellow English economists HENRY SIDGWICK (1838-1900) and Alfred Marshall (1842-1924) into an important feature of modern economic theory.

Economic activity generates costs and benefits, some of which are not incurred/enjoyed by the person performing the activity.
When, for example, a company pollutes the environment, it may enjoy efficient production [...]

Cambridge capital controversies refer to the debate between British and American economists concerning the neoclassical approach to economics. They were based at Cambridge University (England) and the Massachusetts Institute of Technology (Cambridge, USA), respectively.

The Modern School, particularly influenced by Alfred Marshall (1842-1924) and headed by the English economists Arthur Cecil Pigou (1877-1959) and John Maynard [...]