He held that 'the most helpful applications of mathematics to economics are those which are short and simple, which employ few symbols and which aim at throwing a bright light on some small part of the great economic move- ment rather than as representing its endless complexities'. 1 Again: 'We owe several valuable suggestions to the many investigations in which skilled mathematicians, English and continental, have applied their favourite method to the treatment of economical problems. But all that has been important in their reasonings and results has, with scarcely an exception, been capable of being described in ordinary language: while the language of diagrams or, as Professor Flemming Jenkin calls it, of graphic representation could have expressed them as tersely and as clearly as that of the mathematics.' 2 Yet again, in a letter to Bowley written in 1906, Marshall wrote: 'I know I had a growing feeling in the later years of my work at the subject that a good mathematical theorem dealing with economic hypotheses was very unlikely to be good economics: and I went more and more on the rules: (1) Use mathe- matics as a shorthand language rather than as an engine of enquiry. (2) Keep to them until
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Publication Information: Book Title: Alfred Marshall and Current Thought. Contributors: A. C. Pigou - author. Publisher: Macmillan. Place of Publication: London. Publication Year: 1953. Page Number: 8.
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