Arthur Pigou
Arthur Cecil Pigou (November 18, 1877 - March 7, 1959) was an English economist, known for his work in many fields and particularly in welfare economics. He was a graduate of King's College, Cambridge, where he studied under Alfred Marshall. He later succeeded Marshall as professor of political economy. He served on a number of royal commissions including the 1919 commission on income tax.
Pigou pioneered welfare economics. Pigovian taxes, taxes used to correct negative externalities, are named in his honor.
Pigou was a professor of economics at Cambridge University from 1908 to 1943. In 1920, he published the influential book The Economics of Welfare.
Selected Works
- The Economics of Welfare, 4th ed. 1932.
- Keynes's General Theory: A Retrospective View. 1950.
- The Political Economy of War. 1921.
- The Theory of Unemployment. 1933.
- Unemployment. 1914.
- Wealth and Welfare. 1912.
See also: Pigovian tax
