ABSTRACT

At the beginning of the nineteenth century none of those thinkers in Britain who were advancing the study of political economy were doing so from academic chairs in the subject-with the sole exception of Malthus after 1805. At the beginning of the twentieth century almost all such British thinkers held chairs of economics or political economy. Understanding of the process by which this change came about may be helped by a study of the way in which one leading nineteenth-century economist came also to be an academic.