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Richard JONES

economist

Richard Jones was an English economist who criticised the theoretical views of David Ricardo and T. R. Malthus on economic rent and population. Jones is remarkable for his freedom from exaggeration and one-sided statement; thus, whilst holding Malthus in esteem, he declines to accept the proposition that an increase of the means of subsistence is necessarily followed by an increase of population.

Background

JONES, Richard was born in 1790 in Tunbridge Wells, Kent, England.

Education

Master of Arts University of Cambridge, Cambridge, United Kingdom, 1819.

Career

As a member of the Cambridge circle, which included Whewell and Herschel, he became a devotee of the inductive methods in the sciences and was determined to apply it to political economy. His volume on rent was the only part of his Essay.. which he completed, and consisted of a categorisation of forms of rent extending much beyond that described by Ricardo. This form of attack on Ricardian economics met with little success, but he is now widely looked on as a precursor of the historical school in Britain.

Clergyman; Professor Political Economics, King’s College, University London, 1833-1835, Haileybury College, 1835-1855.

Achievements

  • Member, United Kingdom Tithe Commission and Charity Commission.

Works

Membership

  • Statistical Society of London , Great Britain

    1834