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Nassau Senior and the Long-Term Effect of Tithes

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  • Wakamatsu, Naoyuki

Abstract

The paper argues that Senior was still under the influence of Ricardo’s economics from the point of view of economic growth. Senior generally emphasised a sustainable growth of economy brought by the prudential check to population and the technological progress in agriculture, but it depended on wise institutions. However, on the other hand, he was familiar enough with Ricardian growth which enabled him to develop the initial effect of taxes, also existed in Ricardo, into the long-term consequences on the stationary state. In this sense, Senior was the orthodox successor of Ricardo, which means that his growth theory should be understood in the continuity with Ricardo’s growth theory.

Suggested Citation

  • Wakamatsu, Naoyuki, 2025. "Nassau Senior and the Long-Term Effect of Tithes," MPRA Paper 125970, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:125970
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    File URL: https://mpra.ub.uni-muenchen.de/125970/1/MPRA_paper_125970.pdf
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    JEL classification:

    • B12 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Classical (includes Adam Smith)
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals

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