Arthur Cecil Pigou

Arthur Cecil Pigou (/ˈpɡ/; 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.

Arthur Cecil Pigou
Born(1877-11-18)18 November 1877
Died7 March 1959(1959-03-07) (aged 81)
NationalityBritain
InstitutionUniversity of Cambridge
FieldWelfare economics
School or
tradition
Neoclassical economics
Alma materKing's College, Cambridge
InfluencesAlfred Marshall, Henry Sidgwick[1]
ContributionsExternalities
Pigou effect
Pigovian tax
Awards1899 Chancellor's Gold Medal
1903 Adam Smith Prize