Economic Ideas of Nassau William Senior

The following points highlight the top seven economic ideas of Nassau William Senior. The economic ideas are: 1. Scope of Political Economy 2. Value 3. Abstinence and Capital Formation 4. Theory of Monopoly 5. Rent 6. Money 7. Wages. Economic Idea # 1. Scope of Political Economy: According to Nassau William Senior the subject matter of Political Economy was limited [...]