Jeremiah Jenks: A Pioneer of Industrial Organization?

Abstract

Jeremiah Whittle Jenks currently ranks as one of the more obscure academic economists of the Gilded Age and Progressive Era. While other prominent economists of the era such as Richard T. Ely and John Bates Clark have been the subject of many books and articles (Everett 1946, Rader 1966, and Henry 1996, for example) Jenks remains almost unknown and unheralded. For instance, he is scarcely mentioned in the relevant volume of Joseph Dorfman's The Economic Mind in American Civilization (Dorfman 1948, III), despite his very substantial scholarly and public roles in the economics of the day. He was likewise below the radar of Joseph A. Schumpeter's (1954) magisterial, History of Economic Analysis, and Mark Blaug's (1985) Economic Theory in Retrospect. Where Jenks's career has attracted scholarly notice, the aspects examined have focused less on his economic scholarship and more on his public policy roles. (Green 1956, Weinstein 1968, Furner 1975, Parrini and Sklar 1983) The reasons for Jenks's relative neglect are unclear, although several hypotheses will be entertained below.