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Arthur Pigou

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Arthur Pigou (1877-1959) was an noted English economist. Pigou attributed the movements business cycle to human sentiment – the upward swings being caused by excesses of optimism and the downward swings being caused by excesses of pessimism.

Pigou is well know for his work in Welfare Economics.

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Categories Articles, Economists, Profiles | Tags: Economists, Profiles

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