A.C. Pigou, a Loyal Marshallian?

Diverse conceptions of A.C. Pigou as a ‘Marshallian’ economist exist. Key areas are identified both where scholars have perceived a continuity between Pigou’s work and Marshallian thought, and where they have perceived a discontinuity. There are wider reflections on the major characteristics that scholars have attributed to the Cambridge School in its Marshallian form.