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William Graham Sumner Updated 9/23/2011William Graham Sumner (1840–1910) was a sociologist at Yale University, a historian of American banking, and great expositor of classical liberalism. Yes, this is the man often dismissed today as an outmoded "social Darwinist&q...
William Graham Sumner Updated 5/14/2010The author, William Graham Sumner, was the great sociologist of late 19th century America, but also a wise observer of economic conditions. In 1874, in the midst of another debate about the future of the American monetary system, he offered this...