Nassau William SENIOR, economist. Barrister, 1819; Member, Political Economics Club, 1823; Member, numerous government commission, including Poor Laws, 1833, Factory conditions, 1837, Popular education, 1857.
SENIOR, Nassau William was born in 1790 in Compton Beauchamp, England.
Bachelor of Arts, Master of Arts University Oxford, 1812, 1815.
As an adviser to the Whig party, he exercised a marked influence on social and economic policy during the 1830s. He also made considerable theoretical contributions in the lectures given during his terms as Drummond Professor. His rigorous restatement of the theory of value, his abstinence theory of capital, his treatment of population, money and international trade, and his distinction between the science and art of political economy, all received favourable notice.
Lawyer; Drummond Professor, University Oxford, 1825-1830, 1847-1852.
Barrister, 1819; Member, Political Economics Club, 1823. Member, numerous government commission, including Poor Laws, 1833, Factory conditions, 1837, Popular education, 1857.
Excerpt from Three Lectures on the Cost of Obtaining Money: And on Some Effects of Private and Government Paper Money, Delivered Before the University of Oxford, in Trinity Term, 1829 The statute by which the Professorship of Political Economy was founded, requires the Professor to publish a Lecture every year.
Excerpt from An Outline of Political Economy: Designed for Seminaries, and Intended to Explain the Principles of This Important Science, by Familiar Examples, and to Exhibit More Particularly the Great Importance of Agriculture, Mining Industry, Manufactures, and Internal Improvements, to National We Question.
Nassau William Senior (1790-1864) - economist, critical essayist and government adviser - was a highly original classical economist in the era between Ricardo's Principles of 1817 and Mill's Principles of 1848.