The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Marget, Arthur William (1899–1962)

  • Donald A. Walker
Reference work entry


A leading monetary theorist during the first half of his career, Marget went on to make an even greater contribution by formulating and implementing government policies regarding international banking and finance. Born in Chelsea, Massachusetts, on 17 October 1899, he graduated from Harvard with AB (1920) and MA (1921) degrees in Semitics, and a Ph.D. in economics (1927). He taught economics at Harvard (1920–1927) and the University of Minnesota (1927–1943; resigned 1948). He died in Guatemala City on 5 September 1962.


Cash-balance approach Keynesian revolution Marget, A. W. Quantity theory of money Velocity of circulation 

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© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Donald A. Walker
    • 1
  1. 1.