Pigou on the microeconomics of speculation: Institutions and economic welfare.

This paper examines Arthur Cecil Pigou's microeconomic analysis of speculation. Although Pigou's treatment of speculation has been examined insofar as it relates to his theory of the business cycle, his microeconomic analysis of speculation has received very little attention from historians of econo...

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Bibliographic Details
Published in:Cambridge Journal of Economics Vol. 50; no. 4; pp. 627 - 649
Main Author: Stevens, Riko
Format: Article
Published: Oxford University Press / USA Jul2026
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Online Access:View this record in EBSCOhost