CANNAN, EDWIN (1861-1935), British economist, was educated at Clifton college and Balliol college, Oxford. He be came lecturer in political economy in London university in 1897 and professor of political economy in 1907. He retired in 1927. His principal works are : History of the Theories of Production and Distribution (2nd ed., 1903), History of Local Rates in Eng land (2nd ed., 1912) ; Wealth 0914); Money (5th ed., 1926), and an edition of Adam Smith. Cannan's chief services to eco nomic theory have been on the theory of money, on questions of demography and in clarifying and modernizing the theory of supply and demand as laid down by Adam Smith.
See his An Economist's Protest (1928) ; and an introduction by Hugh Dalton to London Essays in Economics in Honour of Edwin Cannan (1)27).