Joseph Shield Nicholson
Encyclopedia
Joseph Shield Nicholson was an English
English people
The English are a nation and ethnic group native to England, who speak English. The English identity is of early mediaeval origin, when they were known in Old English as the Anglecynn. England is now a country of the United Kingdom, and the majority of English people in England are British Citizens...

 economist, born at Wrawby
Wrawby
Wrawby is a small village in North Lincolnshire east of Brigg and close to Humberside Airport on the A18. It is most notable for Wrawby Postmill....

, Lincolnshire
Lincolnshire
Lincolnshire is a county in the east of England. It borders Norfolk to the south east, Cambridgeshire to the south, Rutland to the south west, Leicestershire and Nottinghamshire to the west, South Yorkshire to the north west, and the East Riding of Yorkshire to the north. It also borders...

.

He was educated at King's College London
King's College London
King's College London is a public research university located in London, United Kingdom and a constituent college of the federal University of London. King's has a claim to being the third oldest university in England, having been founded by King George IV and the Duke of Wellington in 1829, and...

, Edinburgh
University of Edinburgh
The University of Edinburgh, founded in 1583, is a public research university located in Edinburgh, the capital of Scotland, and a UNESCO World Heritage Site. The university is deeply embedded in the fabric of the city, with many of the buildings in the historic Old Town belonging to the university...

, Cambridge
University of Cambridge
The University of Cambridge is a public research university located in Cambridge, United Kingdom. It is the second-oldest university in both the United Kingdom and the English-speaking world , and the seventh-oldest globally...

, and Heidelberg
Ruprecht Karl University of Heidelberg
The Ruprecht-Karls-Universität Heidelberg is a public research university located in Heidelberg, Baden-Württemberg, Germany. Founded in 1386, it is the oldest university in Germany and was the third university established in the Holy Roman Empire. Heidelberg has been a coeducational institution...

. He was private tutor at Cambridge (1876–80) and became professor
Professor
A professor is a scholarly teacher; the precise meaning of the term varies by country. Literally, professor derives from Latin as a "person who professes" being usually an expert in arts or sciences; a teacher of high rank...

 of political economy
Political economy
Political economy originally was the term for studying production, buying, and selling, and their relations with law, custom, and government, as well as with the distribution of national income and wealth, including through the budget process. Political economy originated in moral philosophy...

 at Edinburgh in 1880. His writings represent a compromise between the methods of the historical school of German economics and those of the English deductive school. In his principal work, Principles of Political Economy (three volumes, 1893–1901), he closely follows the great work of John Stuart Mill
John Stuart Mill
John Stuart Mill was a British philosopher, economist and civil servant. An influential contributor to social theory, political theory, and political economy, his conception of liberty justified the freedom of the individual in opposition to unlimited state control. He was a proponent of...

 in his selection of material, but employs statistical
Statistics
Statistics is the study of the collection, organization, analysis, and interpretation of data. It deals with all aspects of this, including the planning of data collection in terms of the design of surveys and experiments....

 and historical
History
History is the discovery, collection, organization, and presentation of information about past events. History can also mean the period of time after writing was invented. Scholars who write about history are called historians...

 discussion instead of the abstract reasoning from simple assumption which characterizes Mill's work. Among his other important writings are:
  • Effects of Machinery on Wages (1878)
  • Tenant's Gain not Landlord's Loss (1883)
  • The Silver Question (1886)
  • Money and Monetary Problems (1888)
  • Historical Progress and Ideal Socialism (1894)
  • Strikes and Social Problems (1896)
  • Elements of Political Economy (1903)
  • History of the English Corn Laws
    Corn Laws
    The Corn Laws were trade barriers designed to protect cereal producers in the United Kingdom of Great Britain and Ireland against competition from less expensive foreign imports between 1815 and 1846. The barriers were introduced by the Importation Act 1815 and repealed by the Importation Act 1846...

    (1904)
  • Rates and Taxes (1905)
  • Rents, Wages, and Profits in Agriculture and Rural Depopulation (1906)
  • A Project of Empire (1909)
  • Tales from Ariosto (1913)
  • Life and Genius of Ariosto (1914)


Nicholson also wrote three romances:
  • A Dreamer of Dreams (1889)
  • Thoth (1888)
  • Toxar (1890)

External links

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