JONES, RICHARD (1790-1855), English economist, was born at Tunbridge
Wells. The son of a solicitor, he was intended for the legal profession,
and was educated at Caius College, Cambridge. Owing to ill-health, he
abandoned the idea of the law and took orders soon after leaving
Cambridge. For several years he held curacies in Sussex and Kent. In
1833 he was appointed professor of political economy at King's College,
London, resigning this post in 1835 to succeed T. R. Malthus in the
chair of political economy and history at the East India College at
Haileybury. He took an active part in the commutation of tithes in 1836
and showed great ability as a tithe commissioner, an office which he
filled till 1851. He was for some time, also, a charity commissioner. He
died at Haileybury, shortly after he had resigned his professorship, on
the 26th of January 1855. In 1831 Jones published his _Essay on the
Distribution of Wealth and on the Sources of Taxation_, his most
important work. In it he showed himself a thorough-going critic of the
Ricardian system.
Jones's method is inductive; his conclusions are founded on a wide
observation of contemporary facts, aided by the study of history. The
world he professed to study was not an imaginary world, inhabited by
abstract "economic men," but the real world with the different forms
which the ownership and cultivation of land, and, in general, the
conditions of production and distribution, assume at different times
and places. His recognition of such different systems of life in
communities occupying different stages in the progress of civilization
led to his proposal of what he called a "political economy of
nations." This was a protest against the practice of taking the
exceptional state of facts which exists, and is indeed only partially
realized, in a small corner of our planet as representing the uniform
type of human societies, and ignoring the effects of the early history
and special development of each community as influencing its economic
phenomena. Jones is remarkable for his freedom from exaggeration and
one-sided statement; thus, whilst holding Malthus in, perhaps, undue
esteem, he declines to accept the proposition that an increase of the
means of subsistence is necessarily followed by an increase of
population; and he maintains what is undoubtedly true, that with the
growth of population, in all well-governed and prosperous states, the
command over food, instead of diminishing, increases.
A collected edition of Jones's works, with a preface by W. Whewell,
was published in 1859.
Public-domain text, read in full here on John Shaqi.
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