Classical economist. Born in Berkshire, the son of a cleric, Senior was one of the most influential economists of his day. His family was of Spanish origins. After Eton and Magdalen College, Oxford, he was called to the bar in 1819. He served twice at Oxford as Professor of Political Economy. Senior played an important part in the enquiry into the poor laws and later into investigations of factory conditions and education. Much influenced by Malthus and Ricardo, he was a strong critic of trade unionism, but did not subscribe to the ‘iron law of wages’ theory, which some used to refuse improvement for the labouring classes.
Subjects: Economics — Arts and Humanities.