Arthur Cecil Pigou | |
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Born | Ryde, Isle of Wight, England | 18 November 1877
Died | 7 March 1959 Cambridge, Cambridgeshire, England | (aged 81)
Academic career | |
Field | Welfare economics |
Institution | University of Cambridge |
School or tradition | Neoclassical economics |
Alma mater | King's College, Cambridge |
Influences | Alfred Marshall, Henry Sidgwick[1] |
Contributions | Externalities Pigou effect Pigouvian tax |
Awards | 1899 Chancellor's Gold Medal 1903 Adam Smith Prize |
Arthur Cecil Pigou (/ˈpiːɡuː/; 18 November 1877 – 7 March 1959) was an English economist. As a teacher and builder of the School of Economics at the University of Cambridge, he trained and influenced many Cambridge economists who went on to take chairs of economics around the world. His work covered various fields of economics, particularly welfare economics, but also included business cycle theory, unemployment, public finance, index numbers, and measurement of national output.[2] His reputation was affected adversely by influential economic writers who used his work as the basis on which to define their own opposing views. He reluctantly served on several public committees, including the Cunliffe Committee and the 1919 Royal Commission on income tax.