Edwin Cannan - Place of Birth, Date of Birth, Age, Wiki, Facts, Net Worth, Birthday, Biography and Family

Edwin Cannan, Date of Birth, Place of Birth, Family, Facts, Age, Net Worth, Biography and More in FamedBorn.com


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Feb 03, 1861 Funchal, Madeira, Portugal Died on 08 Apr 1935 (aged 74)

British economist

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About Edwin Cannan

  • Edwin Cannan (3 February 1861, Funchal, Madeira – 8 April 1935, Bournemouth), the son of David Cannan and artist Jane Cannan, was a British economist and historian of economic thought.
  • He was a professor at the London School of Economics from 1895 to 1926. As a partisan of Jevonianism, Edwin Cannan is perhaps best known for his logical dissection and destruction of Classical theory in his famous 1894 tract A History of the Theories of Production and Distribution.
  • Although Cannan had personal and professional difficulties with Alfred Marshall, he was still "Marshall's man" at the LSE from 1895 to 1926.
  • During that time, particularly during his long stretch as chairman after 1907, Edwin Cannan shepherded the LSE away from its roots in Fabian socialism into tentative Marshallianism.
  • This period was only to last, however, until his protégé, Lionel Robbins, took over with his more "Continental" ideas. Though Cannan, in his early years as an economist, was a critic of classical economics and an ally of interventionists, he moved sharply to the side of classical liberalism in the early 20th century.
  • He favored a simplicity, clarity, and common sense in the exposition of economics.
  • According to Geoffrey M.
  • Hodgson, Cannan "emphasised the institutional foundation of economic systems".

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