UCL Department of Economics


Richard Price (1723 - 1791)

Richard Price was a dissenting cleric who published the work of Thomas Bayes and made contributions of his own to the theory of probability and to many other areas, including actuarial science, social insurance and government finance.Price studied at Tenter Alley, Moorfields before taking up a post as chaplain in Stoke Newington, north London. He ministered at Poor Jewry Lane (now Jewry St in east London), Newington Green in north London and in Hackney. He is buried in Bunhill Fields.