Arthur Cecil Pigou

Who was Arthur Cecil Pigou?

Arthur Cecil Pigou 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 fill chairs of economics around the world. His work covered various fields of economics, particularly welfare economics, but also included industrial fluctuations, unemployment, public finance, index numbers, and measurement of national output. 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.