Henry Fawcett, 1833-1884.
Faithful enthusiast of John Stuart Mill, Henry Fawcett was one of the last Classical economists. He was also the first professor of economics at Cambridge -- to be succeeded by the marginalist Alfred Marshall. Blinded in a shooting accident with his father in 1857, at the age of 25, Fawcett nonetheless went on with his economics and even found time to get elected to parliament and serve in the British cabinet. A radical political leader and educational reformer. His 1863 Manual was a popularization of Mill's work, and was quite successful as a textbook.
Major works of Henry Fawcett
Millicent Garrett Fawcett, 1847-1929.
Younger sister of Elizabeth Garrett (Britain's first licenced female doctor) and wife of Henry Fawcett. Millicent Garrett Fawcett was actively involved in politics and Women's Suffrage movement (she was elected as president of the not-so-militant National Union of Women's Suffrage Societies in 1890, a post which she kept until 1914). Reasonably well-educated for the time, Millicent Fawcett also served the crucial role of secretary for her blind husband. Her most famous work is her 1870 Political Economy for Beginners, a brief but wildly successful book. It set a contemporary record as a principles textbook for students: it ran through ten editions in 41 years. The success of her book was even more extraordinary given that it presented economic theory in a thoroughly Ricardian vein, then waning in Great Britain in the wake of the Marginalist Revolution. Even more strikingly, Millicent Fawcett kept the Classical wages-fund doctrine in the late editions of the text, despite being aware of its problems. She went on to write a handful of more items on economic topics, culminating in a notable book with Henry Fawcett (1872). A vigorous promoter of education for women, she helped set up Newnham College for women at Cambridge. After Fawcett's early death, she became more involved in political activities (e.g. she was appointed during the Boer War in 1901 to inquire into conditions in British concentration camps) and spent less time writing on economic subjects. She was knighted ("damed") in 1925.
Major works of Millicent Fawcett
Resources on the Fawcetts
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