Nassau Senior as Economic Consultant: The Factory Acts Reconsidered

Gary M Anderson, Robert B. Ekelund () and Robert Tollison ()

Economica, 1989, vol. 56, issue 221, pages 71-81

Abstract: The role of N. W. Senior in nineteenth-century factory legislation has been given only incomplete treatment. This paper employs a broader reading of Senior's views and shows that Senior provided a clear understanding of the interest group pressures behind Factory Act legislation. Within a dynamic analysis of these forces, moreover, some support is developed for Senior's "last hour" theory as a correct interpretation of a regulation that reduced economic efficiency. From this perspective, Senior becomes more appealing as an economist and as an economic consultant in one of the most important policy issues of his times. Copyright 1989 by The London School of Economics and Political Science.

Date: 1989

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