Influence
Sumner's popular essays gave him a wide audience for his laissez-faire: advocacy of free markets, anti-imperialism, and the gold standard. Thousands of Yale students took his courses, and many remarked on his influence. His essays were very widely read among intellectuals, and men of affairs. Among Sumner's students were the anthropologist Albert Galloway Keller, the economist Irving Fisher, and the champion of an anthropological approach to economics, Thorstein Bunde Veblen.
Read more about this topic: William Graham Sumner
Famous quotes containing the word influence:
“Constitutional statutes ... which embody the settled public opinion of the people who enacted them and whom they are to govern—can always be enforced. But if they embody only the sentiments of a bare majority, pronounced under the influence of a temporary excitement, they will, if strenuously opposed, always fail of their object; nay, they are likely to injure the cause they are framed to advance.”
—Rutherford Birchard Hayes (1822–1893)
“Perhaps I stand now on the eve of a new life, shall watch the sun rise and disappear behind a black cloud extending out into a grey sky cover. I shall not be deceived by its glory. If it is to be so, there is work and the influence that work brings, but not happiness. Am I strong enough to face that?”
—Beatrice Potter Webb (1858–1943)
“I am always glad to think that my education was, for the most part, informal, and had not the slightest reference to a future business career. It left me free and untrammeled to approach my business problems without the limiting influence of specific training.”
—Alice Foote MacDougall (1867–1945)