Edwin Griswold Nourse (May 20, 1883 – April 7, 1974) was an American economist who served as the first chairman of the
Council of Economic Advisers
The Council of Economic Advisers (CEA) is a United States agency within the Executive Office of the President established in 1946, which advises the President of the United States on economic policy. The CEA provides much of the empirical resea ...
from 1946 to 1949.
Biography
Born in
Lockport, New York
Lockport is both a city and the Lockport (town), New York, town that surrounds it in Niagara County, New York, Niagara County, New York (state), New York. The city is the Niagara county seat, with a population of 21,165 according to 2010 census ...
, Nourse moved to a western suburb of
Chicago
(''City in a Garden''); I Will
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at the age of four months, and considered himself a
Midwesterner. His father worked in the city as a supervisor of public school music. His sister,
Alice Tisdale Hobart, went on to become a bestselling novelist. In high school Nourse enjoyed English and history, and after spending a year at the
Louis Institute, went on to
Cornell University
Cornell University is a private statutory land-grant research university based in Ithaca, New York. It is a member of the Ivy League. Founded in 1865 by Ezra Cornell and Andrew Dickson White, Cornell was founded with the intention to teach an ...
with an interest in
civil engineering
Civil engineering is a professional engineering discipline that deals with the design, construction, and maintenance of the physical and naturally built environment, including public works such as roads, bridges, canals, dams, airports, sewage ...
. In 1903 he was caught in a wave of
typhoid fever
Typhoid fever, also known as typhoid, is a disease caused by '' Salmonella'' serotype Typhi bacteria. Symptoms vary from mild to severe, and usually begin six to 30 days after exposure. Often there is a gradual onset of a high fever over several ...
that hit campus; upon his return he decided to simply get his A.B., but also took several classes at the
College of Agriculture.
Following college, Nourse taught for two years in high school, spent a year on graduate studies, and then came to teach at the
Wharton School
The Wharton School of the University of Pennsylvania ( ; also known as Wharton Business School, the Wharton School, Penn Wharton, and Wharton) is the business school of the University of Pennsylvania, a private Ivy League research university in P ...
, where he conceived of
agricultural economics
Agricultural economics is an applied field of economics concerned with the application of economic theory in optimizing the production and distribution of food and fiber products.
Agricultural economics began as a branch of economics that specif ...
. From there he transited through the
University of South Dakota
The University of South Dakota (USD) is a public research university in Vermillion, South Dakota. Established by the Dakota Territory legislature in 1862, 27 years before the establishment of the state of South Dakota, USD is the flagship univ ...
, the
University of Arkansas
The University of Arkansas (U of A, UArk, or UA) is a public land-grant research university in Fayetteville, Arkansas. It is the flagship campus of the University of Arkansas System and the largest university in the state. Founded as Arkansas ...
,
Iowa State College
Iowa State University of Science and Technology (Iowa State University, Iowa State, or ISU) is a public land-grant research university in Ames, Iowa. Founded in 1858 as the Iowa Agricultural College and Model Farm, Iowa State became one of the n ...
, and on to the
University of Chicago
The University of Chicago (UChicago, Chicago, U of C, or UChi) is a private research university in Chicago, Illinois. Its main campus is located in Chicago's Hyde Park neighborhood. The University of Chicago is consistently ranked among the b ...
, where he received his Ph.D in 1915 for the dissertation "The Chicago Produce Market: A Study of Market Mechanism as a Factor in Price Determination". He continued to study and write about
agricultural cooperation
An agricultural cooperative, also known as a farmers' co-op, is a cooperative in which farmers pool their resources in certain areas of activity.
A broad typology of agricultural cooperatives distinguishes between agricultural service cooperati ...
.
[
Nourse was a friend of ]Harold Moulton
Harold may refer to:
People
* Harold (given name), including a list of persons and fictional characters with the name
* Harold (surname), surname in the English language
* András Arató, known in meme culture as "Hide the Pain Harold"
Art ...
, the first president of the Brookings Institution
The Brookings Institution, often stylized as simply Brookings, is an American research group founded in 1916. Located on Think Tank Row in Washington, D.C., the organization conducts research and education in the social sciences, primarily in ec ...
, and in 1923 he convinced Nourse to come work on the agriculture side of the Institute of Economics. He remained there until 1946, moving from the head of the agriculture division to director of Institute of Economics in 1929 and then vice president in 1942.[
Two years later in July he met President ]Harry S. Truman
Harry S. Truman (May 8, 1884December 26, 1972) was the 33rd president of the United States, serving from 1945 to 1953. A leader of the Democratic Party, he previously served as the 34th vice president from January to April 1945 under Franklin ...
for the first time by way of Charles Griffith Ross
Charles Griffith Ross (November 9, 1885 – December 5, 1950) was White House Press Secretary between 1945 and 1950 for President Harry S. Truman.
Early life
Ross graduated with Truman and Truman's eventual wife Bess Truman in Independence, ...
to speak about becoming member of the newly created Council of Economic Advisors
The Council of Economic Advisers (CEA) is a United States agency within the Executive Office of the President established in 1946, which advises the President of the United States on economic policy. The CEA provides much of the empirical resea ...
; Nourse subsequently resigned from Brookings to become its first chairman, with Leon Keyserling as his vice-chairman and John D. Clark as a member.[
]
Selected publications
* Nourse, E. G., Tryon, F. G., Drury, H. B., Leven, M., Moulton, H. G., & Lewis, C. ''America's capacity to produce.'' 1934.
* Nourse, Edwin Griswold, and Horace Bookwalter Drury
Horace Bookwalter Drury (August 21, 1888 - November 8, 1968) was an American economist, lecturer at Ohio State University, and management author, particularly known for his early work on scientific management.
Biography
Drury was born in Dayton ...
. ''Industrial price policies and economic progress.'' 1938.
References
External links
*
{{DEFAULTSORT:Nourse, Edwin Griswold
1883 births
1974 deaths
20th-century American economists
Chairs of the United States Council of Economic Advisers
American cooperative organizers
Cornell University alumni
Directors of the Office of Management and Budget
Economists from New York (state)
Presidents of the American Economic Association
University of Chicago alumni