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Wesley Clair Mitchell and the “Illiberal Reformers”: A Documentary Note

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  • Luca fiorito
  • Massimiliano Vatiero

Abstract

The aim of this note is to assess whether Wesley Clair Mitchell as a reformer ever expressed concern over the biological quality of individuals and whether he did somehow share the Progressive Era faith in eugenics as an instrument for improving American society’s health, welfare, and morals. Using both published and unpublished evidence, we argue that, as an institutionalist, Mitchell was free from the paternalistic and antidemocratic bent of the progressives described by Leonard and was ready to accept the new faith in the plasticity of human nature that sustained interwar reformism. At the same time, as someone who had been exposed to the Progressive Era cultural milieu, he could not completely divorce himself from the earlier decades preoccupations over the biological quality of individuals.

Suggested Citation

  • Luca fiorito & Massimiliano Vatiero, 2018. "Wesley Clair Mitchell and the “Illiberal Reformers”: A Documentary Note," Department of Economics University of Siena 783, Department of Economics, University of Siena.
  • Handle: RePEc:usi:wpaper:783
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    References listed on IDEAS

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    1. Arthur F. Burns, 1952. "Wesley Clair Mitchell: The Economic Scientist," NBER Books, National Bureau of Economic Research, Inc, number burn52-1.
    2. Harry Jerome, 1926. "Migration and Business Cycles," NBER Books, National Bureau of Economic Research, Inc, number jero26-1.
    3. Wesley C. Mitchell, 1896. "The Quantity Theory of the Value of Money," Journal of Political Economy, University of Chicago Press, vol. 4(2), pages 139-139.
    4. Walter F. Willcox, 1929. "International Migrations, Volume I: Statistics," NBER Books, National Bureau of Economic Research, Inc, number fere29-1.
    5. Asso, Pier Francesco & Fiorito, Luca, 2004. "Human Nature and Economic Institutions: Instinct Psychology, Behaviorism, and the Development of American Institutionalism," Journal of the History of Economic Thought, Cambridge University Press, vol. 26(4), pages 445-477, December.
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    More about this item

    Keywords

    American Progressive Era; Mitchell; Wesley Clair; Immigration; Race; Eugenics;
    All these keywords.

    JEL classification:

    • B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925
    • B15 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Historical; Institutional; Evolutionary

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