Joseph Shield Nicholson

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Joseph Shield Nicholson (1850-1927) was an English economist, born at Wrawby, Lincolnshire.

He was educated at King's College London, Edinburgh, Cambridge, and Heidelberg. He was private tutor at Cambridge (1876-80) and became professor of political economy 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 in his selection of material, but employs statistical and historical 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 (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)

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