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The American Economic Association (AEA) takes pride in celebrating its founder Richard T. Ely. This pride is strange, given the character of Ely’s thought, which is revealed in The Independent Review article “The Shaping of a Future President’s Economic Thought: Richard T. Ely and Woodrow Wilson at ‘The Hopkins’” by Gary M. Pecquet and Clifford F. Thies, as well as the Econ Journal Watch article “Richard T. Ely: The Confederate Flag of the AEA?” by Clifford F. Thies and Ryan Daza. In this podcast, Thies is interviewed by the economist Lawrence H. White and explores Ely’s ideas, values, and impact. Thies is the Eldon R. Lindsay Chair of Free Enterprise and Professor of Economics and Finance at Shenandoah University.
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For millennia, farmers all over the world have bred crops for their resistance to disease, productivity, and nutritional value. Today, few topics have the power to inspire as much international furor and misinformation as the development and distribution of genetically altered foods.
