F. W. Taussig
F. W. Taussig | |
---|---|
Born | Frank William Taussig December 28, 1859 St. Louis, Missouri, US |
Died | November 11, 1940 | (aged 80)
Spouses |
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Academic background | |
Education | Washington University in St. Louis Harvard University |
Influences | Charles F. Dunbar |
Academic work | |
Discipline | Economics |
Sub-discipline | International economics |
Institutions | Harvard University |
Doctoral students | |
Signature | |
Frank William Taussig (1859–1940) was an American economist who is credited with creating the foundations of modern trade theory.
Early life
He was born on December 28, 1859, in St. Louis, Missouri, the son of William Taussig and Adele Wuerpel. His parents encouraged his literary and musical interests, and he played the violin at an early age. He was educated in the St. Louis public schools and at Smith Academy in that same city. He then went to Washington University in St. Louis but, after a year transferred to Harvard from where he graduated in 1879.[4]
He traveled in Europe for a year, taking some time to study economics at the
Teaching
He got a law degree in 1886 and was appointed assistant professor at Harvard.[5] He became professor of economics in 1892, and he remained at Harvard for the balance of his professional career except for several years spent in federal service and some time spent traveling in Europe recovering from a nervous disorder.[4]
Beliefs
Taussig was an open advocate of
Certain types of criminals and paupers breed only their kind, and society has a right and a duty to protect its members from the repeated burden of maintaining and guarding such parasites. ... The human race could be immensely improved in quality, and its capacity for happy living immensely increased, if those of poor physical and mental endowment were prevented from multiplying.[6]
Beet sugar and tariff
In a 1912 article in The
Other positions held
He was the editor of the
He was elected a Member of both the American Academy of Arts and Sciences and the American Philosophical Society.[9][10]
In March 1919, he was called to
Death
He died on November 11, 1940, aged 80, in Cambridge, Massachusetts. Taussig is buried in Mount Auburn Cemetery in Cambridge.
Legacy
The successor to his chair at Harvard was Joseph Schumpeter. In 1888, he married Edith Thomas Guild. One of their four children was Helen B. Taussig (1898–1986), a noted pediatrician and cardiologist. F. W. Taussig's first wife died in 1910, and he married Laura Fisher.[4][5]
Works
Much of Taussigs work is available from Internet Archive:
- 1883: Protection to Young Industries as Applied to the United States (second edition, 1886)
- 1885: History of the Present Tariff, 1860–83
- 1888: The Tariff History of the United States eighth edition, 1931,
- 1892: The Silver Situation in the United States (second edition, revised, 1896)
- 1896: Wages and Capital
- 1911, 1915, 1927 Principles of Economics, volume 1, Volume 2
- 1918: Some Aspects of the Tariff Question
- 1915: Inventors and Money Makers, Brown University lectures
- 1920: Free Trade, the Tariff, and Reciprocity
- 1927: International Trade
- 1887–1935: Economic theory exam questions
References
- ^ "Harvard. Ph.D. Examination Candidates in Economics, 1914". 19 September 2017.
- hdl:11375/15304.
- ISSN 2269-8450.
- ^ a b c Edward S. Mason (1958). "Taussig, Frank William". Dictionary of American Biography. Vol. Supplement Two. New York: Charles Scribner's Sons.
- ^ . (subscription required)
- ^ F. W. Taussig (1915). Principles of Economics. pp. 236–.
- ^ Douglas, Paul H. (1971). In the Fullness of Time. Harcourt Brace Jovanovich. pp. 28–34.
- JSTOR 1884763.
- ^ "Frank William Taussig". American Academy of Arts & Sciences. 2023-02-10. Retrieved 2023-07-21.
- ^ "APS Member History". search.amphilsoc.org. Retrieved 2023-07-21.
Sources
- Britannica Online
- Profile of Frank W. Taussig at the History of Economic Thought website.
- Department of Economics, University of Victoria Archived 2010-12-01 at the Wayback Machine
- Chisholm, Hugh, ed. (1922). Encyclopædia Britannica (12th ed.). London & New York: The Encyclopædia Britannica Company. .
- New International Encyclopedia(1st ed.). New York: Dodd, Mead.
External links
- Media related to Frank William Taussig at Wikimedia Commons