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British political economist From Wikipedia, the free encyclopedia
Bonamy Price (22 May 1807 – 8 January 1888) was a British political economist.
Bonamy Price | |
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Born | |
Died | 8 January 1888 80) London, England | (aged
He was born at Saint Peter Port, Guernsey,[1] the son of Frederick Price and his wife Maria Martha Vardon.[2][3] He lived on the island until age 14.[2]
Price left Guernsey and came under the tutelage of the Rev. Charles Bradley in High Wycombe, where he was taught alongside William Smith O'Brien.[2][4] He matriculated at Worcester College, Oxford, in 1825, where he received double first in classics, graduating B.A. in 1829, M.A. in 1832.[3][5] During his time at Worcester College, he was occasionally studied under Thomas Arnold, at Laleham; who went on to become head master of Rugby School, and offered Price a role as assistant master of mathematics at the school. Price remained a teacher at Rugby from 1830 until 1850.[4] Price married Lydia Rose, daughter of Joseph Rose who was the vicar at Rothley, on 18 December 1834.[4][6][7]
In 1868 Price was elected Drummond Professor of Political Economy at Oxford, and was thrice re-elected to the post, which he held till his death.[1] U.S. Senator from Missouri Carl Schurz quoted extensively from one of Price's treatises during his Senate speech of 14 January 1874.[8] He was in charge of Economics Department at the 1878 National Association for the Promotion of Social Science congress at Cheltenham, as well as the 1882 congress at Nottingham.[9] In 1883 he was elected an honorary fellow of his college. In addition to his professorial work, he was in much request as a popular lecturer on political economy.[1] Price was also a member of Royal Commission on Agricultural Depression & Commission on the Depression of Trade and Commerce.[6]
Price became ill in February 1886 and his health declined; he moved from Oxford to London for treatment until his death.[10] His daughter Bertha married Daniel Conner Lathbury.[11]
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