Thomas Nixon Carver (25 March 1865, Kirkville, Iowa - 8 March 1961, Santa Monica, California) was an an American economics professor. He grew up on a farm, the son of Quaker parents.[1] 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 Ph.D. degree at Cornell University in 1894. 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 (1902-35). For a time there he taught the only course in sociology. He was Secretary-Treasurer of the American Economic Association (1909-13) and was elected its President in 1916.[2]
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.[3][4] He made pioneering contributions to agricultural and rural economics and in rural sociology.[5][2] and wrote on such diverse topics as the distribution of wealth,[6] the problem of evil,[7] uses of religion,[8] social justice,[9] social evolution,[10] and the economics of national survival.[11]
Notes
- ^ Thomas Nixon Carver, 1949. Recollections of an Unplanned Life. Excerpt.
- ^ a b A.W. Coats (1987). "Carver, Thomas Nixon". The New Palgrave: A Dictionary of Economics, v. 1: pp. 374–75.
- ^ T.N. Carver, 1893. "The Place of Abstinence in the Theory of Interest," Quarterly Journal of Economics, 8(1), pp. 40-61.
- ^ T.N. Carver, 1903. "The Relation of Abstinence to Interest," Quarterly Journal of Economics, 18(1), pp. 142-145.
- ^ Thomas Nixon Carver 1911. Principles of Rural Economics. Chapter links, pp. vii-x.
- ^ 1904. The Distribution of Wealth. Chapter links.
- ^ 1908. "The Economic Basis of the Problem of Evil," Harvard Theological Review, 1(1), pp. 97-111.
- ^ 1912. The Religion Worth Having. Chapter links.
- ^ 1915. Essays in Social Justice. Chapter links.
- ^ 1935. The Essential Factors of Social Evolution. chapter links, pp. ix-xi.
- ^ 1917. "The National Point of View in Economics," American Economic Review, 7(1, Supplement), pp. 3-17. Presidential address, American Economic Association.
Selected publications
- 1897. "The Value of the Money Unit," Quarterly Journal of Economics, 11(4), pp. 429-435.
- 1903. "A Suggestion for a Theory of Industrial Depressions," Quarterly Journal of Economics, 17(3), pp. 497-500. Reprinted in Carver, 1919, pp. 335-37.
- 1914. "Political Science, I. General Introduction" in William Allan Neilson, ed., Lectures on the Harvard Classics, v. 51 of 51, pp. 328-346.
- 1919. Principles of Political Economy. Chapter links, pp. vii-ix.
- 1921. Principles of National Economy, Chapter links, vvi.
- 1960. "A Conservative's Ideas on Economic Reform," Quarterly Journal of Economics, 74(4), pp. 536-542.
External links
- Thomas Nixon Carver, 1865-1961, portrait and major publications.
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