Nassau William Senior

1790–1864

Nationality: English

Historical Period: The 19th Century

Nassau W. Senior (1790-1864) was a British economist who taught at Oxford University and worked on the marginal aspects of inputs to production. He argued that capital accumulation is a cost of production, and drew careful distinctions between wealth and welfare. His contributions to the Whig party as an advisor included arguments about work hours and wages. Along with Edwin Chadwick, he wrote the revised Poor Law Commissioners’ Report of 1834.

Quotes from Nassau William Senior:

• Nassau William Senior on how acceptance of gold/silver currency creates a world economy
• Nassau William Senior argues that government is based upon extortion
• Nassau Senior objected to any government regulation of factories which meant that a horde of inspectors would interfere with the organization of production

Titles from Nassau William Senior:

• Author: Correspondence and Conversations of Alexis de Tocqueville with Nassau William Senior from 1834-1859, 2 vols. (1872)
• Author: Correspondence and Conversations of Alexis de Tocqueville with Nassau William Senior from 1834-1859, vol. 2 (1834-1851)
• Author: Four Introductory Lectures on Political Economy
• Author: Letters on the Factory Act
• Author: Political Economy (1850 ed.)
• Author: Poor Law Commissioners’ Report of 1834
• Author: Three Lectures on the Transmission of Precious Metals
• Author: Three Lectures on the Cost of Obtaining Money
• Author: Three Lectures on the Rate of Wages
• Author: Two Lectures on Population