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A Wisconsin Austrian: William Amasa Scott

In: Research in the History of Economic Thought and Methodology: Including a Symposium on Frank Knight's Risk, Uncertainty and Profit at 100

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  • Charles R. McCann

Abstract

William Amasa Scott was in his time well-known as a monetary economist as well as a popularizer of economic ideas, whose opinions were widely regarded by the public. A proponent of Austrian economics and defender of classical economic theory, he soon found a home at the School of Economics, Political Science and History (later the School of Economics) at the University of Wisconsin which, while initially a mainstream department, would evolve into the citadel of Institutional Economics. Notwithstanding his status as an authority on monetary economics and his place as a public intellectual, he remained at the University something of an outsider throughout his career and today is largely forgotten.

Suggested Citation

  • Charles R. McCann, 2021. "A Wisconsin Austrian: William Amasa Scott," Research in the History of Economic Thought and Methodology, in: Research in the History of Economic Thought and Methodology: Including a Symposium on Frank Knight's Risk, Uncertainty and Profit at 100, volume 39, pages 121-146, Emerald Group Publishing Limited.
    • Handle: RePEc:eme:rhetzz:s0743-41542021000039c007
    DOI: 10.1108/S0743-41542021000039C007
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    More about this item

    Keywords

    William Amasa Scott; Austrian economics; University of Wisconsin; monetary economics; state debt repudiation; B13; B25; B31;
    All these keywords.

    JEL classification:

    • B13 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Neoclassical through 1925 (Austrian, Marshallian, Walrasian, Wicksellian)
    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals

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