Willford I. King
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Willford Isbell King (June 2, 1880 – October 17, 1962) was an American statistician, economist, and chairman of the Committee for Constitutional Government, Inc.


Biography

King was born in
Cascade, Iowa Cascade is a city in Dubuque and Jones counties, Iowa, United States. The Dubuque County portion is part of Dubuque Metropolitan Statistical Area, while the Jones County section is part of Cedar Rapids Metropolitan Statistical Area. The popula ...
on June 2, 1880. King received his education from one-room schoolhouse teachers in
Nebraska Nebraska () is a state in the Midwestern region of the United States. It is bordered by South Dakota to the north; Iowa to the east and Missouri to the southeast, both across the Missouri River; Kansas to the south; Colorado to the sout ...
. He attended the
University of Nebraska A university () is an institution of higher (or tertiary) education and research which awards academic degrees in several academic disciplines. Universities typically offer both undergraduate and postgraduate programs. In the United States, ...
, graduating 1905. He received his
Doctor of Philosophy A Doctor of Philosophy (PhD, Ph.D., or DPhil; Latin: or ') is the most common degree at the highest academic level awarded following a course of study. PhDs are awarded for programs across the whole breadth of academic fields. Because it is ...
degree from
University of Wisconsin–Madison A university () is an institution of higher (or tertiary) education and research which awards academic degrees in several academic disciplines. Universities typically offer both undergraduate and postgraduate programs. In the United Stat ...
in 1913. He went to
Washington, D.C. ) , image_skyline = , image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Logan Circle, Jefferson Memorial, White House, Adams Morgan, ...
to become a statistician with the
United States Public Health Service The United States Public Health Service (USPHS or PHS) is a collection of agencies of the Department of Health and Human Services concerned with public health, containing nine out of the department's twelve operating divisions. The Assistant ...
from 1917–1920. In 1917 he was elected as a
Fellow A fellow is a concept whose exact meaning depends on context. In learned or professional societies, it refers to a privileged member who is specially elected in recognition of their work and achievements. Within the context of higher education ...
of the
American Statistical Association The American Statistical Association (ASA) is the main professional organization for statisticians and related professionals in the United States. It was founded in Boston, Massachusetts on November 27, 1839, and is the second oldest continuousl ...
. In 1920, he moved on to become the economist for the
National Bureau of Economic Research The National Bureau of Economic Research (NBER) is an American private nonprofit research organization "committed to undertaking and disseminating unbiased economic research among public policymakers, business professionals, and the academic c ...
. In 1927, King moved on from public service to become an economics professor at
New York University New York University (NYU) is a private research university in New York City. Chartered in 1831 by the New York State Legislature, NYU was founded by a group of New Yorkers led by then- Secretary of the Treasury Albert Gallatin. In 1832, th ...
. During the Great Depression, King opposed the New Deal. Instead, he advocated a sliding scale of wages based on production, no government intervention in business, currency expansion, the reduction of taxes in upper brackets, and the abolition of all levies on incomes of corporations and from invested capital. In 1933, he founded the Committee on Economic Accord. In 1945, King retired from NYU to become chairman of the Committee for Constitutional Government, Inc., he later would serve as an advisor. King and his wife Jane Elizabeth Patterson, had three children, Harold J., Hugh Patterson., and Floralie Jane. KIng's grandson, and his namesake, is Willford S. King of Boise, Idaho. Willford is the son of Harold J. King. King died at his home in Douglaston, New York on October 17, 1962.


Works

*''The Handbook of Accepted Economics'' *''Keys to Prosperity'' *''The Elements of Statistical Method'' *''Income in the United States: Its Amount & Distribution 1909-1919'' *''The Wealth and Income of the People of the United States'' *various articles on economics


Pamphlets

*''Are Food Subsidies Necessary?'' (ca. 1944) *''Are The Upper Income Classes Getting an Increasing Share of the National Income?'' (ca. 1944)


See also

*''
A Program for Monetary Reform The Chicago plan was a monetary and banking reform program suggested in the wake of the Great Depression by a group of University of Chicago economists including Henry Simons, Garfield Cox, Aaron Director, Paul Douglas, Albert G. Hart, Frank ...
'' (1939)


References

{{DEFAULTSORT:King, Willford I. 1880 births 1962 deaths University of Wisconsin–Madison alumni Presidents of the American Statistical Association Fellows of the American Statistical Association American statisticians People from Cascade, Iowa Mathematicians from Iowa 20th-century American male writers