Nassau William Sr.
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Nassau William Senior (born September 26, 1790 in Compton , Berkshire , † June 4, 1864 in Kensington ) was an English economist , eldest son of JR Senior, Vicar of Durnford, Wiltshire .
Life
Senior was educated at Eton College and Magdalen College , Oxford. At university he was a private student of Richard Whately , later Archbishop of Dublin, with whom he was lifelong friends. Graduated as a bachelor's degree in 1811, then he settled as a lawyer. When the professorship for political economy was created at Oxford in 1825, Senior was appointed to this professorship, which he held until 1830, and later again from 1847 to 1852. In the course of his life he was a member of several government commissions and was involved in the reform of English labor law .
Senior gained some notoriety through his 1837 publication against the English factory laws and against the reduction of working hours from twelve hours a day ("Letters on the Factory Act, as it affects the Cotton Manufacture"), with which he believed to prove that a legally required A reduction in working hours of one hour would have to bring about the ruin of the cotton manufacturers because their entire profit was produced in the very last hour that their workers were employed by them. This writing was an expert opinion that Senior had been commissioned to prepare in 1836 by the great cotton industrialists from Manchester . Karl Marx dedicates five pages in the first volume of his main work, Capital , to this work under the heading "Seniors Last Hour" .
Web links
- Three Lectures on the Rate of Wages at MetaLibri (PDF-E-Book)
- Brief overview of life and work, with links to some original texts by Senior in full text
- Karl Marx on "Seniors Last Hour"
| personal data | |
|---|---|
| SURNAME | Senior, Nassau William |
| BRIEF DESCRIPTION | English economist |
| DATE OF BIRTH | September 26, 1790 |
| PLACE OF BIRTH | Compton , Berkshire |
| DATE OF DEATH | June 4, 1864 |
| Place of death | Kensington |