Birthplace Leeds, Yorkshire, England.
Posts Held Clergyman, 1867-97; Univ. Extensin Lect., 1887-1918.
Degrees MA Univ. London, 1866.
Publications Books: 1. The Alphabet of Economic Science (1888, 1955); 2. An Essay of the Co-ordination of the Laws of Distribution (1894, 1932); 3. The Common Sense of Political Economy , 2 vols (1910, 1950).
Career Writer on theology, literature and philosophy, who turned to economics in middle life, influenced by socialist sentiments and his membership of the Fabian Society. He was Jevons's first major follower and wrote on opportunity costs, the reversability of the supply curve and distribution theory. His principle of maximisation, though chiefly valuable in his economic writings, was intended to provede an guide to choices and behaviour in all aspects of life.
Secondary Literature C. H. Herford, Philip Henry Wicksteed: His Life and Work (Dent, 1931); W. D. Grampp, `Wicksteed, Philip Henry', International Encyclopedia of the Social Sciences , D. L. Sills (ed.) (Macmillan and Free Press, 1968), vol. 16.