John Bates Clark
John Bates Clark (January 26, 1847 – March 21, 1938) was an American neoclassical economist. He was one of the pioneers of the marginalist revolution and opponent to the Institutionalist school of economics, and spent most of his career as professor at Columbia University.
John Bates Clark
January 26, 1847
March 21, 1938 (aged 91)
Biography[edit]
Clark was born and raised in Providence, Rhode Island, and graduated from Amherst College, in Massachusetts, at the age of 25. From 1872 to 1875, he attended the University of Zurich and the University of Heidelberg where he studied under Karl Knies (a leader of the German Historical School).[1] He taught as a professor of economics at Carleton College from 1875 to 1881 before moving east to teach at Smith College. He subsequently taught at Amherst College, Johns Hopkins University, and Columbia University.[2] Early in his career Clark's writings reflected his German Socialist background and showed him as a critic of capitalism. During his time as a professor at Columbia University however, his views gradually shifted to support of capitalism and he later became known as a leading advocate of the capitalist system. Clark was the father of economist John Maurice Clark.