Thomas Nixon Carver Explained

Thomas Nixon Carver
School Tradition:	Neoclassical economics
Birth Date:	1865 3, df=yes
Birth Place:	Kirkville, Iowa
Death Place:	Santa Monica, California
Nationality:	American
Institution:	Oberlin College Harvard University
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.^[1]

Early life

He grew up on a farm, the son of Quaker parents.^[2] 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.^[3]

Career

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.^[4]

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.^{[5] [6]} He made pioneering contributions to agricultural and rural economics and in rural sociology.^[7] He wrote on such diverse topics as monetary economics,^[8] macroeconomics,^[9] the distribution of wealth,^[10] the problem of evil,^[11] uses of religion,^[12] political science,^[13] political economy,^{[14] [15]} social justice,^[16] behavioral economics,^[17] social evolution,^[18] and the economics of national survival.^[19]

Works

Books

• (1893). The Place of Abstinence in the Theory of Interest.
• (1894). The Theory of Wages Adjusted to Recent Theories of Value.
• (1904). Book: Distribution of Wealth . 1924 . New York . Macmillan . 16 December 2023 . Internet Archive.
• (1905). Sociology and Social Progress.
• (1910). Rural Economy as a Factor in the Success of the Church.
• (1911). Principles of Rural Economics.
• (1911). The Religion Worth Having.
• (1915). Essays in Social Justice.
• (1916). Selected Readings in Rural Economics.
• (1916). Selected Writings in Rural Economics.
• (1917). The Foundations of National Prosperity.
• (1918). Agricultural Economics.
• (1919). Government Control of the Liquor Business in Great Britain and the United States.
• (1919). Principles of Political Economy.
• (1919). War Thrift.
• (1920). Elementary Economics [with Maude Carmichael].
• (1921). Principles of National Economy.
• (1923). Human Relations: An Introduction to Sociology [with Henry Bass Hall].
• (1924). The Economy of Human Energy.
• (1925). The Present Economic Revolution in the United States.
• (1927). Principles of Rural Sociology [with Gustav A. Lundquist].
• (1928). Economic World and How It May Be Improved [with Hugh W. Lester].
• (1932). Our Economic Life.
• (1935). The Essential Factors of Social Evolution.
• Book: Carver . Thomas Nixon . Woolman . Mary Schenck . Mary Schenck Woolman . McGowan . Ellen Beers . Textile Problems for the Consumer . New York . Macmillan . 1935 . 19422000 . HathiTrust .
• (1949). Recollections of an Unplanned Life.

Sole author journal articles

• Carver . T. N. . The Ethical Basis of Distribution and Its Bearings on Taxation . Publications of the American Economic Association . 1895 . 10 . 3 . 96–101 . 2485647 .
• Carver . T. N. . The Economic Interpretation of History . Journal of Political Economy . 1902 . 11 . 1 . 93–98 . 10.1086/250899 . 1822622 . 154762716 .
• Carver . T. N. . The Marginal Theory of Distribution . Journal of Political Economy . 1905 . 13 . 2 . 257–266 . 10.1086/251130 . 1817546 . 154729329 .
• Carver . T. N. . Review of Economic Beginnings of the Far West. How We Won the Land Beyond the Mississippi . The American Economic Review . 1913 . 3 . 2 . 353–355 . 1827962 .
• Carver . T. N. . The Work of Rural Organization . Journal of Political Economy . 1914 . 22 . 9 . 821–844 . 10.1086/252536 . 1817809 . 154752048 . free .

Carver also co-wrote a number of journal articles, presided over conference presentations, and published in conference proceedings.^[20]

External links

• THOMAS CARVER, TEACHER AND AUTHOR: Former Professor of Political Economy at Harvard Dies - On G.O.P. 'Brain Trust' . The New York Times . March 8, 1961 . 33 .
  • Works by Thomas Nixon Carver, at JSTOR
• Works by Thomas Nixon Carver, at Hathi Trust

Notes and References

1. Book: Who's Who in Economics: A Biographical Dictionary of Major Economists 1700-1986 . CARVER, Thomas Nixon. Blaug, Mark . Mark Blaug . 2nd . 1986 . Wheatsheaf Books Limited . registration . 149 . Internet Archive.
2. Thomas Nixon Carver, 1949. Recollections of an Unplanned Life. Web site: Excerpt . 2013-09-26 . bot: unknown . https://web.archive.org/web/20091027153419/http://www.geocities.com/Heartland/Prairie/6173/autocarver.html . 27 October 2009 . .
3. Book: Clark A. . Elliott . Margaret W. . Rossiter . Science at Harvard University: Historical Perspectives . Lehigh University Press . 1992 . 199 . 9780934223126 .
4. Book: 10.1057/978-1-349-95121-5_567-1 . Carver, Thomas Nixon (1865–1961) . The New Palgrave Dictionary of Economics . 1987 . Coats . A. W. . 1–2 . 978-1-349-95121-5 . 755272638 .
5. Carver . T. N. . The Place of Abstinence in the Theory of Interest . The Quarterly Journal of Economics . 1893 . 8 . 1 . 40–61 . 10.2307/1882876 . 1882876 . 2027/hvd.32044004792511 . free .
6. Carver . T. N. . The Relation of Abstinence to Interest . The Quarterly Journal of Economics . 1903 . 18 . 1 . 142–145 . 10.2307/1882781 . 1882781 .
7. Thomas Nixon Carver, 1911. Principles of Rural Economics. Chapter links, pp. vii–x.
8. Carver . T. N. . The Value of the Money Unit . The Quarterly Journal of Economics . 1897 . 11 . 4 . 429–435 . . 10.2307/1880718 . 1880718 .
9. Carver . T. N. . A Suggestion for a Theory of Industrial Depressions . The Quarterly Journal of Economics . 1903 . 17 . 3 . 497–500 . 10.2307/1882323 . 1882323 . 2027/hvd.hnttc5 . free .
10. Thomas Nixon Carver, 1904. The Distribution of Wealth. Chapter links.
11. Carver . Thomas N. . The Economic Basis of the Problem of Evil . The Harvard Theological Review . 1908 . 1 . 1 . 97–111 . 10.1017/S0017816000006544 . 1507533 . 170136407 .
12. 1912. The Religion Worth Having. Chapter links.
13. 1914. "Political Science, I. General Introduction" in William Allan Neilson, ed., Lectures on the Harvard Classics, v. 51 of 51, pp. 328–346.
14. • 1919. Principles of Political Economy. Chapter links, pp. vii–ix.
15. Carver . Thomas Nixon . A Conservative's Ideas on Economic Reform . The Quarterly Journal of Economics . 1960 . 74 . 4 . 536–542 . 10.2307/1884350 . 1884350 .
16. 1915. Essays in Social Justice. Chapter links.
17. Carver . T. N. . The Behavioristic Man . The Quarterly Journal of Economics . 1918 . 33 . 1 . 195–201 . 10.2307/1885016 . 1885016 .
18. Thomas Nixon Carver, 1935. The Essential Factors of Social Evolution. Chapter links, pp. ix–xi.
19. Carver . Thomas N. . The National Point of View in Economics: Annual Address of the President . The American Economic Review . 1917 . 7 . 1 . 3–17 . 1814767 .
20. Carver . T. N. . Agricultural Economics. Round Table Discussion: T. N. Carver, Chairman . American Economic Association Quarterly . 1908 . 9 . 1 . 59–82 . 2999987 .