Arthur Cecil Pigou The English economist Arthur Cecil Pigou (1877-1959) is best known for his basic contributions to the theory of welfare economics and for his defense of neoclassic economics against the attacks of the Keynesian school. Son of an army officer, A.C. Pigou... more
Pigou, Arthur Cecil, 1877–1959 The Cambridge economist who was a fellow of King’s College from 1902 to 1959 and professor of economics, in succession to MARSHALL, from 1908 to 1943. In Wealth and Welfare (1912), which was expanded into The Economics of Welfare (1920), he built u... more
