Background and Origins

Author:

Shute Laurence

Publisher

Palgrave Macmillan UK

Reference64 articles.

1. Joseph Dorfman, “John Bates and John Maurice Clark on Monopoly and Competition,” Introductory Essay to John Bates Clark and John Maurice Clark, The Control of Trusts, Rewritten and Enlarged Edition [1912] (New York: Kelley, 1971), 5.

2. Both John Bates Clark’s great-grandfathers served in the Revolution: his paternal great-grandfather, Daniel A. Clark, serving under his maternal great-grandfather, General Jedidiah Huntington. Daniel Clark was a founder of the village of Plymouth Kingdom in Vermont. General Huntington was “one of the eight original brigadier-generals appointed by Washington.” See Frances A. Toyer, “The Economic Thought of John Bates Clark,” unpublished Ph.D. dissertation (New York University, 1952), 4;

3. and “John Bates Clark” in The National Cyclopaedia of American Biography, vol. 13 (1906), 48.

4. The reference is to Daniel Clark. See Economic Essays, Contributed in Honor of John Bates Clark, edited by Jacob H. Hollander ([Published on behalf of the American Economic Association] New York: Macmillan, 1927), 365.

5. The evidence for this is ample and will be presented in following chapters. Two examples may serve here. Towards the end of his life (probably in 1955) Clark made the following notes on an envelope: “About 75 years ago, J.B.C[lark] called for truer ‘anthropology’ as basis for ec[onomics].” “40 years ago (1915) [sic] I was writing ‘Changing basis of ec[onomic] responsibility]’.” And in a letter to John C. Schramm, Director of the Calvin K. Kazanjian Foundation in 1955, Clark wrote: “For the purpose in hand, I like to think that I am continuing the tradition of my eminent father, who some 75 years ago began to stress ethical elements in economics.” The “purpose in hand” was the forthcoming Kazanjian Foundation Lectures delivered in 1955 and published as The Ethical Basis of Economic Freedom. Clark to Schramm, 10 March 1955. Copy and envelope in J.M. Clark Papers. None of this, however, is to be interpreted as suggesting that the efforts of the younger Clark were limited to those originally undertaken by his father.

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