The Shaping of a Future President's Economic Thought: Richard T. Ely and Woodrow Wilson at “The Hopkins”
By Gary M. Pecquet, Clifford F. Thies
This article appeared in the Fall 2010 issue of The Independent Review

Abstract

Woodrow Wilson entered graduate studies at Johns Hopkins University as a classical liberal in his economic views but departed as a progressive. His fateful transformation had much to do with his apprenticeship with Richard T. Ely, who disparaged the laissez-faire policy prescriptions and deductive methodology of classical economics.



Other Independent Review articles by Gary M. Pecquet
    Spring 2013   The Calculus of Conquests: The Decline and Fall of the Returns to Roman Expansion
    Winter 2009   Texas Treasury Notes after the Compromise of 1850
    Fall 2006   Texas Treasury Notes and the Election of 1844

Other Independent Review articles by Clifford F. Thies
    Fall 2014   Repudiation in Antebellum Mississippi
    Winter 2009   Texas Treasury Notes after the Compromise of 1850
    Fall 2006   Texas Treasury Notes and the Election of 1844



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