ABSTRACT

This chapter moves from Malthus and other figures such as Chalmers of enormous popular impact in early 19th-century Britain to the economists who established the study of political economy in the English universities. The first Professorship of Political Economy in an English University was the Drummond Chair at Oxford, established in 1825 by Henry Drummond. Newman's views on political economy were presented to the public in his own inaugural lectures as Rector of the Catholic University of Ireland in 1852, later published as the Idea of a University. Richard Whately followed his pupil Nassau Senior as the second Drummond Professor of Political Economy at Oxford. William Whewell is best known among economists as an early contributor to mathematical economics, mainly for papers delivered to the Cambridge Philosophical Society in 1829 and 1831. JB Sumner was considered by some to have developed a more successful theodicy than Malthus in his Treatise on the Records of Creation 1816.