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.
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.
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(21 pages)
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