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Race in Marshall’s Economics

Bibliographic Data

ID6442782
AuthorsColin Danby (0009-0004-5430-3629, University of Washington Bothell, corresponding author)
Year2025
Volume22
Issue1-2
Pages80-103
Publication date2025-01-30
Open AccessYes
TypeARTICLE
VenueModern Intellectual History (JOURNAL)
Journal identifiersISSN: 1479-2443 • E-ISSN: 1479-2451
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s1479244324000295
OpenAlexW4406999187
LanguageEN
Citations received1
References cited9

Alfred Marshall used an evolutionary theory of race to ground individual psychology and explain economic behavior. The psychological theory, drawn from Herbert Spencer, explained British and US industrial leadership by the innate excellences of Anglo-Saxon workers and entrepreneurs, without invoking colonialism or other uses of state power. It also asserted the internal solidarity of Anglo-Saxons. Because they were inclined to help each other, argued Marshall, Anglo-Saxons could handle laissez-faire. The paper situates Marshall in conversation with Anglican liberals like F. D. Maurice, and argues that a shared racial consciousness worked as a common ground among Coleridgean Romantics and radicals like Mill and Spencer who needed a category of the nation that did not rely on the state

Genealogy · Race (biology · Sociology · Economic theories and models · Economic Theory and Institutions · Economic Theory and Policy · Gender Studies · History

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Citations per year1
Citation span2026 - 2026 (1)
Highly citedNo

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