On Marginal Revolution, Alex Tabarrok discusses the radicalism of the early American Economic Association (founded 1885) and its co-founder, Richard T. Ely. Prominent economists at the time rejected the marginalist principle, held socialist and racist views and supported eugenics.
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Dirk Niepelt considers the following as important: American Economic Association, Eugenics, Notes, Racism, Richard T. Ely, Socialism
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On Marginal Revolution, Alex Tabarrok discusses the radicalism of the early American Economic Association (founded 1885) and its co-founder, Richard T. Ely. Prominent economists at the time rejected the marginalist principle, held socialist and racist views and supported eugenics.