Ely. Richard Theodore. 1854-1943.

O Autorze

Richard Theodore Ely was an American economist and a leading figure in the development of the field of economics in the United States during the late 19th and early 20th centuries. He was the founder of the American Economic Association and played a vital role in the establishment of economics as a distinct academic discipline. Ely was known for his progressive views and advocacy for social reform, which often put him at odds with more conservative economic theories of his time. His work emphasized the importance of social and environmental factors in economic development, and he was a proponent of using economics to address social issues.

Ely's writings, including "Outlines of Economics" and other influential texts, laid the groundwork for many modern economic concepts. He emphasized the significance of institutions and their impact on economic behavior. Throughout his career, Ely was actively involved in various academic and social circles, influencing the next generation of economists and policy-makers. His commitment to applying economic theory to real-world problems made him a key figure in the history of American economics.