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American economics professor (1865–1961) From Wikipedia, the free encyclopedia
Thomas Nixon Carver (25 March 1865 – 8 March 1961) was an American economics professor.[1][2]
Thomas Nixon Carver | |
---|---|
Born | |
Died | 8 March 1961 95) | (aged
Nationality | American |
Academic career | |
Institution | Oberlin College Harvard University |
School or tradition | Neoclassical economics |
Alma mater | Cornell University |
Doctoral advisor | Walter Francis Willcox |
Doctoral students | Albert B. Wolfe |
He grew up on a farm, the son of Quaker parents.[3] He received an undergraduate education at Iowa Wesleyan College and the University of Southern California. After studying under John Bates Clark and Richard T. Ely at Johns Hopkins University, he received a PhD degree at Cornell University under Walter Francis Willcox in 1894.[4]
He held a joint appointment in economics and sociology at Oberlin College until 1902, when he accepted a position as professor of political economy at Harvard University (1902–1935). For a time, there he taught the only course in sociology. He was the secretary-treasurer of the American Economic Association (1909–1913) and was elected its president in 1916.[5]
Carver's principal achievement in economic theory was to extend Clark's theory of marginalism to determination of interest from saving ('abstinence') and productivity of capital.[6][7] He made pioneering contributions to agricultural and rural economics and in rural sociology.[5][8] He wrote on such diverse topics as monetary economics,[9] macroeconomics,[10] the distribution of wealth,[11] the problem of evil,[12] uses of religion,[13] political science,[14] political economy,[15][16] social justice,[17] behavioral economics,[18] social evolution,[19] and the economics of national survival.[20]
Carver also co-wrote a number of journal articles, presided over conference presentations, and published in conference proceedings.[21]
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