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A. C. Pigou

Pigou, Arthur Cecil


Arthur Cecil Pigou (pĬ´gōō), 1877–1959, British economist, grad. King's College, Cambridge. He was a lecturer at University College, London, and at Cambridge. He was professor of political economy at Cambridge from 1908 to 1943. He served as a member of the committee on currency and foreign exchange (1918) and of the royal commission on income tax (1919). He was a leading exponent of the theory that economic waste due to unemployment, poor health, and poor housing is a responsibility of society, which should bear the costs. Among his many works are Wealth and Welfare (1912), The Economics of Welfare (1920), The Political Economy of War (1921; new ed. 1941), The Theory of Unemployment (1933), Socialism versus Capitalism (1937), and Income: An Introduction to Economics (1946).

The Columbia Encyclopedia, 6th ed. Copyright© 2012, The Columbia University Press.

Selected full-text books and articles on this topic at Questia

The Political Economy of War
A. C. Pigou. The Macmillan Company, 1941 (Revised edition)
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The Veil of Money
A. C. Pigou. MacMillan, 1949
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A Study in Public Finance
A. C. Pigou. Macmillan and Co., Limited, 1928
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Employment and Equilibrium: A Theoretical Discussion
A. C. Pigou. MacMillan, 1949 (2nd edition)
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Economics in Practice: Six Lectures on Current Issues
A. C. Pigou. Macmillan and Co., Limited, 1935
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Alfred Marshall and Current Thought
A. C. Pigou. MacMillan, 1953
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Memorials of Alfred Marshall
A. C. Pigou; Alfred Marshall. MacMillan, 1925
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On Revolutions and Progress in Economic Knowledge
T. W. Hutchison. Cambridge University Press, 1978
Librarian’s tip: Chap. 6 "Demythologising the Keynesian Revolution: Pigou, Wage-Cuts, and the General Theory"
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Work and Welfare: The Social Costs of Labor in the History of Economic Thought
Donald R. Stabile. Greenwood Press, 1996
Librarian’s tip: "Arthur Cecil Pigou" begins on p. 123
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Theories of Welfare Economics
Hla Myint. Harvard University Press, 1948
Librarian’s tip: Chap. X "Professor Pigou's Economics of Welfare"
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Pigou's Influence on Clark: Work and Welfare
Stabile, Donald R. Journal of Economic Issues, Vol. 29, No. 4, December 1995
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Road Pricing, Traffic Congestion and the Environment: Issues of Efficiency and Social Feasibility
Kenneth J. Button; Erik T. Verhoef. Edward Elgar, 1998
Librarian’s tip: Part I "Theory and Practice before and after Pigou"
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The Present as History: Essays and Reviews on Capitalism and Socialism
Paul M. Sweezy. Monthly Review Press, 1953 (2nd edition)
Librarian’s tip: Chap. 22 "Pigou and the Case for Socialism"
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