Bonamy Price
Encyclopedia
Bonamy Price was an English
England
England is a country that is part of the United Kingdom. It shares land borders with Scotland to the north and Wales to the west; the Irish Sea is to the north west, the Celtic Sea to the south west, with the North Sea to the east and the English Channel to the south separating it from continental...

 political economist.

He was born at St Peter Port
St Peter Port
Saint Peter Port is the capital of Guernsey as well as the main port. The population in 2001 was 16,488. In Guernésiais and in French, historically the official language of Guernsey, the name of the town and its surrounding parish is St Pierre Port. The "port" distinguishes this parish from...

, Guernsey
Guernsey
Guernsey, officially the Bailiwick of Guernsey is a British Crown dependency in the English Channel off the coast of Normandy.The Bailiwick, as a governing entity, embraces not only all 10 parishes on the Island of Guernsey, but also the islands of Herm, Jethou, Burhou, and Lihou and their islet...

, and entered at Worcester College, Oxford
Worcester College, Oxford
Worcester College is one of the constituent colleges of the University of Oxford in England. The college was founded in the eighteenth century, but its predecessor on the same site had been an institution of learning since the late thirteenth century...

, in 1825, where he took a double first in 1829. From 1830 to 1850 he was an assistant master at Rugby school
Rugby School
Rugby School is a co-educational day and boarding school located in the town of Rugby, Warwickshire, England. It is one of the oldest independent schools in Britain.-History:...

. He then lived for some years in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

, being engaged in business and literary work, and was appointed to serve on various royal commissions. He married in 1864.

In 1868 he was elected Drummond Professor of Political Economy
Drummond Professor of Political Economy
The Drummond Professorship of Political Economy at All Souls College, Oxford has been held by a number of distinguished individuals, including three Nobel laureates. The professorship is named after and was founded by Henry Drummond...

 at Oxford, and was thrice re-elected to the post, which he held till his death. 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. He died in London.

His principal publications, exclusive of pamphlets, were: The Principles of Currency (1869), Currency and Banking (1876), Chapters on Practical Political Economy (1878).

U.S. Senator from Missouri Carl Schurz
Carl Schurz
Carl Christian Schurz was a German revolutionary, American statesman and reformer, and Union Army General in the American Civil War. He was also an accomplished journalist, newspaper editor and orator, who in 1869 became the first German-born American elected to the United States Senate.His wife,...

 quoted extensively from one of Price's treatises during his Senate
United States Senate
The United States Senate is the upper house of the bicameral legislature of the United States, and together with the United States House of Representatives comprises the United States Congress. The composition and powers of the Senate are established in Article One of the U.S. Constitution. Each...

speech of January 14, 1874.

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