Joseph Shield Nicholson

Joseph Shield Nicholson, FBA FRSE (9 November 1850 – 12 May 1927) was an English economist.

[5] in 1918, he was awarded the Guy Medal in Silver by the Royal Statistical Society.

[6] In 1925, Nicholson resigned his chair due to ill health and died in Edinburgh on 12 May 1927.

[7] He is buried with his wife, Jane (Jeannie) Walmsley Hodgson, in the 20th-century extension to Dean Cemetery, Edinburgh, in the central section.

In his principal work, Principles of Political Economy (three volumes, 1893–1901), he closely follows John Stuart Mill in his selection of material,[8] but employs statistical and historical discussion, instead of the abstract reasoning from simple assumption that characterises Mill's work.