The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Farrell, Michael James (1926–1975)

  • Christopher Bliss
Reference work entry


M.J. Farrell was born in 1926 and read Politics, Philosophy and Economics at New College, Oxford, graduating with First Class Honours. He moved to Cambridge in 1949 to work with Richard Stone at the Department of Applied Economics. He became a Fellow of Gonville and Caius College and the University made him Lecturer in Economics and eventually Reader. He was Editor of the Review of Economic Studies and a Fellow of the Econometric Society. In 1957 Farrell contracted poliomyelitis which left him dependent on crutches to get about. He died in 1975.


Andrews, P. Community indifference curves Competitive equilibrium; convexity Farrell, M. J. Firm Theory of Linear programming Profit maximization Rational expectations Stone, J. R. N. Subjective probability Yield gap 

JEL Classifications

This is a preview of subscription content, log in to check access.


  1. Arrow, K.J., and F.H. Hahn. 1971. General competitive analysis. Amsterdam: North- Holland.Google Scholar
  2. Fisher, M.R. 1976. The economic contribution of Michael James Farrell. Review of Economic Studies 43: 371–382. (Includes a complete discussion of Farrell’s works.)Google Scholar

Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Christopher Bliss
    • 1
  1. 1.