| Share
 

Richard Theodore Ely

Ely, Richard Theodore (ēˈlē) [key], 1854–1943, American economist, b. Ripley, N.Y., grad. Columbia, 1876, Ph.D. Heidelberg, 1879. He taught at Johns Hopkins (1881–92), the Univ. of Wisconsin (1892–1925), and Northwestern Univ. (1925–33). One of the most influential teachers of his time, he was instrumental in popularizing the study of economics, and his Outlines of Economics (with R. H. Hess, 1889; 6th ed. 1937) was a standard text. He was a founder of the American Economic Association. An early leader of Christian socialism in America, he advocated public control of resources, prohibition of child labor, and the development of labor unions. His many books include Monopolies and Trusts (1900), Studies in the Evolution of Industrial Society (1905), and Land Economics (with G. S. Wehrwein, 1940).

See his autobiography, Ground under Our Feet (1938); J. R. Everett, Religion in Economics (1946); B. G. Rader, The Academic Mind and Reform (1966).

The Columbia Electronic Encyclopedia, 6th ed. Copyright © 2012, Columbia University Press. All rights reserved.

More on Richard Theodore Ely from Infoplease:

  • Christian socialism - Christian socialism Christian socialism, term used in Great Britain and the United States for a ...
  • D - F - D - F David Dale Marcus Daly Thomas Danforth Herbert Joseph Davenport Edward Davy Charles Gates ...

See more Encyclopedia articles on: Economics: Biographies

24 X 7

Private Tutor

Click Here for Details
24 x 7 Tutor Availability
Unlimited Online Tutoring
1-on-1 Tutoring
 
Warning: include(Mobile_Detect.php): failed to open stream: No such file or directory in /site/html/template/www.infoplease.com/trailer.php on line 412 Warning: include(): Failed opening 'Mobile_Detect.php' for inclusion (include_path='/site/lib/vendor/pear-pear.php.net/Mail:/site/lib/vendor/pear-pear.php.net/Net_Socket:/site/lib/vendor/pear-pear.php.net/Net_SMTP:.:/site/lib:/site/vendor:/usr/share/pear:/usr/share/php:/site/html') in /site/html/template/www.infoplease.com/trailer.php on line 412