Nassau William Senior

Economist

Nassau William Senior was an influential English classical economist and lawyer known for his contributions to economic theory and public policy. He held the first Drummond professorship of political economy at Oxford and served on several royal commissions, most notably the Poor Law Inquiry Commission of 1832. Senior is best remembered for his 'abstinence' theory of interest, which posited that interest is a reward for abstaining from consumption, and for his controversial 'last hour' argument against the Ten Hours Bill. His writings and advisory roles significantly shaped Victorian-era economic thought and social legislation in Britain.

Sep 26, 1790 - Jun 04, 1864 English 7 Quotes

Quotes by Nassau William Senior

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