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Political Economy Club
The Political Economy Club is the world's oldest economics association founded by James Mill and a circle of friends in 1821 in London, for the purpose of coming to an agreement on the fundamental principles of political economy. David Ricardo, James Mill, Thomas Malthus (the only one holding an academic post at the time), and Robert Torrens were among the original luminaries. In the early 19th century there were no academic societies or professional associations for economists. The Political Economy Club was a way to establish a scientific community, test ideas, and provide peer review for their work. Despite its closed nature (limited to 30 members as proposed by James Mill), the Political Economy Club was a domineering influence in 19th C. economics. But its exclusivity prevented it from becoming a wider association for economists. That role was filled by Section F of the BAAS (founded1832), the Statistical Society of London (f.1834), the Cobden Club (f.1866) and finally ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Mill
James Mill (born James Milne; 6 April 1773 – 23 June 1836) was a Scottish historian, economist, political theorist, and philosopher. He is counted among the founders of the Ricardian school of economics. He also wrote ''The History of British India (1817)'' and was one of the prominent historians to take colonial approach. He was the first writer to divide Indian history into three parts: Hindu, Muslim and British, a classification which has proved surpassingly influential in the field of Indian historical studies. Mill was the father of John Stuart Mill, a noted philosopher of liberalism and utilitarianism, and a colonial administrator at the East India Company. Biography James Milne, later known as James Mill, was born in Northwater Bridge, in the parish of Logie Pert, Angus, Scotland, the son of James Milne, a shoemaker and small farmer. His mother, Isabel Fenton, of a family that had suffered from connection with the Stuart rising, resolved that he should receive a firs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Henry Fawcett
Henry Fawcett (26 August 1833 – 6 November 1884) was a British academic, politician, statesman and economist. Background and education Henry Fawcett was born in Salisbury, and educated at King's College School and the University of Cambridge: entering Peterhouse, Cambridge, Peterhouse in 1852, he migrated to Trinity Hall, Cambridge, Trinity Hall the following year, and became a fellow there in 1856, the year he graduated BA as 7th Wrangler (University of Cambridge), Wrangler. In 1858, when he was 25, he was Blindness, blinded in a shooting accident. Despite his blindness, he continued with his studies, especially in economics. He was able to enter Lincoln's Inn, but decided against a career as a barrister and took his name off their books in 1860. Academic career Two years later, Henry Fawcett reportedly attended the 1860 Oxford evolution debate, during which he was asked whether he thought Bishop Samuel Wilberforce had actually read the ''Origin of Species''. Reported ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thomas Edward Cliffe Leslie
Thomas Edward Cliffe Leslie (21 June 182527 January 1882) was an Irish jurist and economist. He was professor of jurisprudence and political economy in Queen's College, Belfast, noted for challenging the Wages-Fund doctrine and for addressing contemporary agrarian policy questions. A critic of Ricardian orthodoxy, he said that it had sidelined consumer behaviour and demand. He developed the idea of consumer sovereignty, but insisted that the analysis of demand should be based on historical and comparative institutional work. Early life T. E. Cliffe Leslie was born in the county of Wexford, the second son of the Rev. Edward Leslie, prebendary of Dromore, and rector of Annahilt, in the county of Down. His family was of Scottish descent, but had been connected with Ireland since the reign of Charles I. Amongst his ancestors were John Leslie (1571–1671), bishop first of Raphoe and afterwards of Clogher, and the bishop's son Charles Leslie. Cliffe Leslie received his e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
William Stanley Jevons
William Stanley Jevons (; 1 September 183513 August 1882) was an English economist and logician. Irving Fisher described Jevons's book ''A General Mathematical Theory of Political Economy'' (1862) as the start of the mathematical method in economics. It made the case that economics, as a science concerned with quantities, is necessarily mathematical. In so doing, it expounded upon the "final" (marginal) utility theory of value. Jevons' work, along with similar discoveries made by Carl Menger in Vienna (1871) and by Léon Walras in Switzerland (1874), marked the opening of a new period in the history of economic thought. Jevons's contribution to the marginal revolution in economics in the late 19th century established his reputation as a leading political economist and logician of the time. Jevons broke off his studies of the natural sciences in London in 1854 to work as an assayer in Sydney, where he acquired an interest in political economy. Returning to the UK in 1859, h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jean-Baptiste Say
Jean-Baptiste Say (; 5 January 1767 – 15 November 1832) was a liberal French economist and businessman who argued in favor of competition, free trade and lifting restraints on business. He is best known for Say's law—also known as the law of markets—which he popularized. Scholars disagree on the surprisingly subtle question of whether it was Say who first stated what is now called Say's law. Moreover, he was one of the first economists to study entrepreneurship and conceptualized entrepreneurs as organizers and leaders of the economy. Early life Say was born in Lyon. His father Jean-Etienne Say was born to a Protestant family which had moved from Nîmes to Geneva for some time in consequence of the revocation of the Edict of Nantes. Say was intended to follow a commercial career and in 1785 was sent with his brother Horace to complete his education in England. He lodged for a time in Croydon and afterwards (following a return visit to France) in Fulham. During the latter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Walter Bagehot
Walter Bagehot ( ; 3 February 1826 – 24 March 1877) was an English journalist, businessman, and essayist, who wrote extensively about government, economics, literature and race. He is known for co-founding the ''National Review'' in 1855, and for his works '' The English Constitution'' and '' Lombard Street: A Description of the Money Market'' (1873). Life Bagehot was born in Langport, Somerset, England, on 3 February 1826. His father, Thomas Watson Bagehot, was managing director and vice-chairman of Stuckey's Bank. He attended University College London (UCL), where he studied mathematics and, in 1848, earned a master's degree in moral philosophy. Bagehot was called to the bar by Lincoln's Inn, but preferred to join his father in 1852 in his family's shipping and banking business. In 1858, Bagehot married Elizabeth (Eliza) Wilson (1832–1921), whose father, James Wilson, was the founder and owner of ''The Economist''. The couple were happily married until Bagehot's un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
William T
William is a male given name of Germanic origin.Hanks, Hardcastle and Hodges, ''Oxford Dictionary of First Names'', Oxford University Press, 2nd edition, , p. 276. It became very popular in the English language after the Norman conquest of England in 1066,All Things William"Meaning & Origin of the Name"/ref> and remained so throughout the Middle Ages and into the modern era. It is sometimes abbreviated "Wm." Shortened familiar versions in English include Will, Wills, Willy, Willie, Bill, and Billy. A common Irish form is Liam. Scottish diminutives include Wull, Willie or Wullie (as in Oor Wullie or the play ''Douglas''). Female forms are Willa, Willemina, Wilma and Wilhelmina. Etymology William is related to the given name ''Wilhelm'' (cf. Proto-Germanic ᚹᛁᛚᛃᚨᚺᛖᛚᛗᚨᛉ, ''*Wiljahelmaz'' > German ''Wilhelm'' and Old Norse ᚢᛁᛚᛋᛅᚼᛅᛚᛘᛅᛋ, ''Vilhjálmr''). By regular sound changes, the native, inherited English form of the name shoul ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George R
George may refer to: People * George (given name) * George (surname) * George (singer), American-Canadian singer George Nozuka, known by the mononym George * George Washington, First President of the United States * George W. Bush, 43rd President of the United States * George H. W. Bush, 41st President of the United States * George V, King of Great Britain, Ireland, the British Dominions and Emperor of India from 1910-1936 * George VI, King of Great Britain, Ireland, the British Dominions and Emperor of India from 1936-1952 * Prince George of Wales * George Papagheorghe also known as Jorge / GEØRGE * George, stage name of Giorgio Moroder * George Harrison, an English musician and singer-songwriter Places South Africa * George, Western Cape ** George Airport United States * George, Iowa * George, Missouri * George, Washington * George County, Mississippi * George Air Force Base, a former U.S. Air Force base located in California Characters * George (Peppa Pig), a 2-year-old pig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George Pryme
George Pryme (4 April 1781 – 2 December 1868) was a British economist, academic and politician. Pryme was born in 1781 in Cottingham, East Riding of Yorkshire, the only surviving child of merchant Christopher Pryme and his wife, Alice Dinsdale. Following the death of his father, Pryme and his mother moved to Nottinghamshire, where he attended private schools until he returned to East Riding of Yorkshire to attend Hull Grammar School in 1796. In 1799, Pryme entered Trinity College, Cambridge, winning a scholarship there in 1800 and graduating with a Bachelor of Arts in 1803. In 1804, he began studying law at Lincoln's Inn, and was called to the Bar in 1806, practising in London until health problems forced him to return to Cambridge in 1808.T. A. B. Corley‘Pryme, George (1781–1868)’ ''Oxford Dictionary of National Biography'', Oxford University Press, 2004 , accessed 21 April 2009. In 1816, Pryme began conducting lectures on political economy at Cambridge – the first tea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Walter Coulson
Walter Coulson (1795 – 1860) was an English newspaper editor, barrister, writer and associate of Jeremy Bentham. He served as Parliamentary reporter on the ''Morning Chronicle'' and was the editor of the evening paper ''The Traveller''. Life He was the second son of Thomas Coulson, master painter in the royal dockyard at Devonport (died in 1845), and Catherine, second daughter of Walter Borlase, surgeon of Penzance, and was born at Torpoint in Cornwall. He acted as amanuensis to Bentham, and obtained a place as parliamentary reporter on the staff of the ''Morning Chronicle''. James Mill and Francis Place were early friends, and the first writings of John Stuart Mill appeared in ''The Traveller'' in 1822, then owned by Robert Torrens and edited by Coulson. ''The Traveller'' was merged with '' The Globe'' in 1823, and Coulson was appointed editor, with a salary of £800 a year and a share of the profits, continuing for some time as the reporter of the ''Chronicle'', until ''Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
William Blake (economist)
William Blake (31 January 1774 – 1852) was an English classical economist who contributed to the early theory of purchasing power parity. Life He was born in London on 31 January 1774, the son of William and Alicia Blake. He was educated at Charterhouse School, and entered Trinity College, Cambridge in 1789. He graduated B.A. in 1793 as 7th wrangler, became a Fellow of the college in 1795, and graduated M.A. in 1796. Giving up his fellowship in 1797, he entered Lincoln's Inn, and was called to the bar in 1799. Blake was elected a Fellow of the Royal Society in 1807. He served as President of the Geological Society of London in 1815–6, which he had joined in 1812. He became a member of the Royal Geographical Society in 1830. He also belonged to the Political Economy Club, from 1831, and the King of Clubs dining club of Whigs. Blake leased St John's Lodge in Welwyn, Hertfordshire, with a park of 130 acres, from 1819. He purchased the property in 1824, changing the name ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George Warde Norman
George Warde Norman (1793–1882) was an English director of the Bank of England, known as a writer on finance. Early life He was born at Bromley Common, Kent, on 20 September 1793, the son of George Norman, a merchant in the Norway timber trade, and Charlotte, third daughter of Edward Beadon, rector of North Stoneham, Hampshire. He was educated at Eton College from 1805 to 1810, and then was in business with his father, spending time in 1819 to 1821 in Norway. His father retired in 1824, and he remained in the timber trade till 1830, when he transferred it to Sewell & Co., his brother Richard Norman becoming a partner in the new firm. Financial interests From 1821 to 1872 Norman was a director of the Bank of England, and in 1826 played a role in the establishment of its branch offices. About 1840 he was appointed a member of the committee of the treasury at the bank. During the commercial crisis of 1847 he spent much of his time at the bank, and conferred daily with Sir Charle ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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