Biography

1865–1946, American economist, b. Sterling, Ill., studied at DePauw Univ. and at the Univ. of Chicago, Ph.D. Univ. of Pennsylvania, 1900. He taught at the Univ. of Pennsylvania (1900–1903) and was professor of finance at New York Univ. (1903–5). He was a leader in budget reform and a member of several committees investigating public finances, serving as director (1907–17) of the bureaus of municipal research in New York City and Philadelphia, as financial adviser (1910–13) to President Taft, and as financial adviser (1929–35) to the Chinese government. From 1919 until his retirement in 1939 he was professor of U.S. citizenship at Boston Univ. He wrote many books on finance and government, including Funds and Their Uses (rev. ed. 1922), American Citizenship (1927), and Modern Scientific Knowledge (1929).

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