Fred Rogers Fairchild (August 5, 1877 – April 13, 1966) was an American economist and educator.[1]

Fred Rogers Fairchild
Born(1877-08-05)August 5, 1877
Crete, Nebraska, United States
DiedApril 13, 1966(1966-04-13) (aged 88)
Resting placeLeete's Island Cemetery, Guilford, Connecticut
Academic career
FieldTaxation in the United States
Alma materDoane University
Yale University

Fairchild was born in Crete, Nebraska. His father was Arthur Babbitt Fairchild, a descendant of Thomas Fairchild, who settled in New England in 1639. He was a brother of Henry Pratt Fairchild, a sociologist and educator. Fairchild attended Doane College (AB, 1898) in Crete and Yale University (PhD, 1904). He also received an honorary LL.D. from Doane in 1929.[2] Fairchild taught economics at Yale for many years.[3] He was a holder of the Knox Chair of Economics.[4] He was published widely, and his work included well received textbooks.[5][6]

Fairchild was an honorary member of the National Tax Association, an educational association of taxation experts.[7] His primary field of study was federal taxation in the United States. In a 1920 journal article published in the American Economic Review,[8] Fairchild proposed a restructuring of the post-war U.S. federal taxation system in light of calls for the repeal of the excess profits tax enacted during wartime. He recommended, in order to ensure a "reasonable revenue to the government and justice to the various classes of taxpayers",[9] that corporations be exempt from income taxes and instead that shareholder dividends become subject to the income tax.

Publications edit

  • Understanding our Free Economy, with Thomas J. Shelley. D. Van Nostrand Company, Inc. 1962.
  • Economics, MacMillan Company. 1948.
  • Elementary Economics: Volume I, with Edgar Stevenson Furniss and Norman Sydney Buck. MacMillan Company. 1927
  • Elementary Economics: Volume II, with Edgar Stevenson Furniss and Norman Sydney Buck. MacMillan Company. 1927.
  • Essentials of Economics, American book Co. 1931.
  • A description of the "New Deal", John Clifford Lecture. MacMillan Company. 1934.

References edit

  1. ^ "Fairchild of Yale Asserts Program of Balancing Should Come First". The New York Times. May 3, 1936.
  2. ^ "Fairchild, Fred Rogers". The National Cyclopedia of American Biography. 54: 14. 1973.
  3. ^ "Govt. Finance Policies Hit By Fairchild". The Hartford Courant. September 11, 1940.
  4. ^ United States Congress (1948). Senate.Committee on Finance. U.S. Govt. Print. Off.
  5. ^ Pi Gamma Mu (1981). Social Sciences. University of Michigan.
  6. ^ Fair, Ray C (2003). Great Gatsby. {{cite book}}: |work= ignored (help)
  7. ^ "NATIONAL TAX ASSOCIATION'S HONORARY MEMBERS". National Tax Association. 2007. Archived from the original on June 28, 2007. Retrieved April 14, 2007.
  8. ^ Fairchild, Fred Rogers (December 1920). "Suggestions for Revision of the Federal Taxation of Income and Profits". American Economic Review. 10 (4): 785–799. JSTOR 1803340.
  9. ^ Fairchild 1920, p. 798.

External links edit