The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Taussig, Frank William (1859–1940)

  • Warren J. Samuels
Reference work entry


Taussig was born on 28 December 1859 in St Louis, Missouri, and died on 11 November 1940 in Cambridge, Massachusetts. After starting college at Washington University, St Louis, he transferred to Harvard University, where he received the BA (1879), Ph.D. (1883) and LLB (1886). He also studied at the University of Berlin.


Clark, J. B. Comparative advantage Economic sociology Marginal productivity theory Marginalism Mathematics and economics Minimum wages Monopoly Protection Schumpeter, J. A. Specie-flow mechanism Taussig, F. W. Trade unions Unemployment insurance Wages fund 

JEL Classifications

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  1. Opie, R. 1941. Frank William Taussig (1959–1940). Economic Journal 51: 347–368.Google Scholar
  2. Schumpeter, J.A. 1951. Ten great economists. New York: Oxford University Press.Google Scholar

Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Warren J. Samuels
    • 1
  1. 1.