The Wisconsin school in economics was based at the University of Wisconsin–Madison , and played a significant role in American economics in the first half of the 20th century. The Wisconsin school was central to institutionalism in the United States , and also played a prominent role in labor economics and in the development of the policy ideas associated with the New Deal . The central figures in the Wisconsin school were Richard T. Ely and his student John R. Commons .[ 1]
Notable students of Commons included Edwin E. Witte , largely responsible for the drafting of the Social Security Act , Selig Perlman , Kenneth Parsons , and Harold Groves .
Other notable economists associated with the Wisconsin school include Walter Heller , Robert J. Lampman , Warren Samuels , and Theodore Schultz .
Further reading
References
^ Miller, Harold L. (1984). "The American bureau of industrial research and the origins of the "Wisconsin school"; of labor history". Labor History . 25 (2): 165–188. doi :10.1080/00236568408584749 . ISSN 0023-656X .
See also
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