Nassau Senior and the Long-Term Effect of Tithes

Wakamatsu, Naoyuki (2025): Nassau Senior and the Long-Term Effect of Tithes.

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.

• Item Type: MPRA Paper
• Language: English
• Keywords: Nassau Senior; David Ricardo; tithe; economic growth; stationary state
• Subjects: B - History of Economic Thought, Methodology, and Heterodox Approaches > B1 - History of Economic Thought through 1925 > B12 - Classical (includes Adam Smith); B - History of Economic Thought, Methodology, and Heterodox Approaches > B3 - History of Economic Thought: Individuals > B31 - Individuals

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