Bachelor of Arts University Southern California, 1891. Doctor of Philosophy Cornell University, 1894.
A social philosopher of a down-to-earth kind, befitting his early years as a farmer. Free enterprise capitalism was equated in his economic theory with moral virtue as well as national prosperity. His chief work was on the distribution of income and wealth, but he also did pioneering work in the economics of agriculture.
A vigorous controversialist, he continued to present his views in articles and through teaching to the end of his life. Professor Economics and Sociology, Oberlin College, 1894-1900. Professor of Economics, Harvard University, 1900-1932.
Visiting Professor, University Southern California, 1932-1940.
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