Thomas Nixon Carver | |
|---|---|
 Thomas Nixon Carver, by J.E. Purdy | |
| Born | 25 March 1865 |
| Died | 8 March 1961 (aged 95) |
| Nationality | American |
| Institution | Oberlin College Harvard University |
| School or tradition | Neoclassical economics |
| Alma mater | Cornell University |
| Doctoral advisor | Walter Francis Willcox |
| Doctoral students | Albert B. Wolfe |
Thomas Nixon Carver (25 March 1865 – 8 March 1961) was 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 PhD degree at Cornell University under Walter Francis Willcox in 1894. [2]
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. [3]
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. [4] [5] He made pioneering contributions to agricultural and rural economics and in rural sociology. [3] [6] He wrote on such diverse topics as monetary economics, [7] macroeconomics, [8] the distribution of wealth, [9] the problem of evil, [10] uses of religion, [11] political science, [12] political economy, [13] [14] social justice, [15] behavioral economics, [16] social evolution, [17] and the economics of national survival. [18]
Carver also co-wrote a number of journal articles, presided over conference presentations, and published in conference proceedings. [19]
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