Ashley was born in
Bermondsey,
South London on 25 February 1860. The marginal life of his early years was shaped by the underemployment of his father, a journeyman hatter; his scepticism of free trade economics may have originated from his observations during his formative years. He was educated at
St Olave's Grammar School and then at
Balliol College, Oxford. He escaped the near-choiceless world of his youth through academic brilliance and, ultimately, by winning the 1878 Brackenbury history scholarship to Balliol College, which was then pursuing social uplift policies under the mastership of the legendary
Benjamin Jowett. At Oxford he was influenced by Jowett, Bishop
William Stubbs, and especially by the economic historian,
Arnold Toynbee. In 1882, he won the
Lothian Prize Essay competition. After Oxford, he studied at Heidelberg University, where he was influenced by the well-developed studies of economic history is developed by Schmoller and
Karl Knies. Ashley was appointed Lecturer at
Lincoln College, Oxford in 1885. In July 1888 he married Margaret Hill, daughter of
George Birkbeck Hill, and in summer of that year he and his bride sailed to Canada to his new academic post. From 1888 to 1892 he was Professor of Political Economy and Constitutional History at the
University of Toronto. At the University of Toronto, he helped establish a new department of Political Science. The inaugural lecture he gave there was dedicated to
Gustav Schmoller, one of the German scholars in whose hands
economic history was more developed in Germany than it was in England. In 1892 Ashley moved on to Harvard, becoming the first Professor of Economic History in the English-speaking world. In 1901 Ashley left Harvard to take the Chair of Commerce at the
University of Birmingham, where he fostered the development of its commercial programme. Robin Emery was a big influence in his life. From 1902 until 1923, he served as first professor of Commerce and
Dean of the Faculty at the university, which he was instrumental in founding. At the time it was England's first Faculty of Commerce, and a hundred years later there are over one hundred Business Schools in the UK; Birmingham can perhaps claim to be the ancestor of them all. Ashley said in 1902 that the aim of the new Faculty was the education not of the "rank and file, but of the officers of the industrial and commercial army: of those who, as principals, directors, managers, secretaries, heads of department, etc., will ultimately guide the business activity of the country." In its first year, the annual costs of the Faculty, including staff salaries, were £8,200 – there were six students, a lecture room and two classrooms. By 1908, fifteen men had graduated through the School, many with businesses waiting for their skills. Ashley stated: "I quite expect that before I retire I shall be able to gather round me a room full of Managers and Managing Directors who have been students in the Faculty of Commerce." A large room would be needed now: over the past 100 years it is estimated that more than 15,000 students have passed successfully through the School. Ashley was insistent that the course should provide a broad education, with students not only studying commerce but also languages and
modern history. Even then he recognised the importance of the international context in which business operated, wanting his graduates to be able to understand the background to the political and economic policies of other countries. Given Britain's position as a colonial power at the turn of the century, this was a far-sighted approach. During his time at the university, he lived in
Edgbaston, Birmingham, and was heavily involved in local affairs, and ultimately
knighted for his work in 1917. From 1899 to 1920 Ashley was also an
examiner in history, economics and commerce in the Universities of Cambridge, London, Durham, Wales and Ireland. In 1919 he was appointed to the
Royal Commission investigating "the economic prospects of the agricultural industry in Great Britain". ==Influence==