Inventors and Money-Makers: Relations Between Economics and Psychology

Contents: The Instinct of Contrivance The Instinct of Contrivance, Further Considered The Psychology of Money-Making Altruism: The Instinct of Devotion Frank William Taussig (1859-1940), American economist and educator at Harvard University was the chairman of the U. S. Tariff Commission (1917-1919). He was a respected neo-classical economist who had considerable influence on successive generations of American economists. Taussig held his powerful Harvard pulpit until 1935, when that chair was handed over to his more colorful successor, Joseph Schumpeter.