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Arthur Twining Hadley (, ; April 23, 1856 – March 6, 1930) was an American economist who served as
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of
Yale University Yale University is a Private university, private Ivy League research university in New Haven, Connecticut, United States. Founded in 1701, Yale is the List of Colonial Colleges, third-oldest institution of higher education in the United Stat ...
from 1899 to 1921.


Biography

Hadley was born in
New Haven, Connecticut New Haven is a city of the U.S. state of Connecticut. It is located on New Haven Harbor on the northern shore of Long Island Sound. With a population of 135,081 as determined by the 2020 United States census, 2020 U.S. census, New Haven is List ...
, the son of James Hadley, Professor of Greek at Yale 1851–1872, and his wife, née Anne Loring Morris. He graduated from Yale College in 1876, where he was a member of DKE and
Skull and Bones Skull and Bones (also known as The Order, Order 322 or The Brotherhood of Death) is an undergraduate senior Secret society#Colleges and universities, secret student society at Yale University in New Haven, Connecticut. The oldest senior-class ...
, and received prizes in English,
classics Classics, also classical studies or Ancient Greek and Roman studies, is the study of classical antiquity. In the Western world, ''classics'' traditionally refers to the study of Ancient Greek literature, Ancient Greek and Roman literature and ...
and
astronomy Astronomy is a natural science that studies celestial objects and the phenomena that occur in the cosmos. It uses mathematics, physics, and chemistry in order to explain their origin and their overall evolution. Objects of interest includ ...
. He then studied
political science Political science is the scientific study of politics. It is a social science dealing with systems of governance and Power (social and political), power, and the analysis of political activities, political philosophy, political thought, polit ...
at Yale (1876–1877), and at the
University of Berlin The Humboldt University of Berlin (, abbreviated HU Berlin) is a public research university in the central borough of Mitte in Berlin, Germany. The university was established by Frederick William III on the initiative of Wilhelm von Humbol ...
(1878–1879) under Adolph Wagner. He was a tutor at Yale in 1879–1883, instructor in political science in 1883–1886, professor of political science in 1886–1891, professor of political economy in 1891–1899, and first Dean of the
Graduate School Postgraduate education, graduate education, or graduate school consists of academic or professional degrees, certificates, diplomas, or other qualifications usually pursued by post-secondary students who have earned an undergraduate (bachel ...
in 1892–1895. His course in economics became a favorite of undergraduates, and he wrote a classic study of the economics of railroad transportation. He became president of Yale in 1899—the first president who was not a minister—and guided it through a period of expansion and consolidation.''Obituary Record of Graduates of Yale University'', 1929–30, Yale University, New Haven, Connecticut, pp. 52–7. He was commissioner of the Connecticut bureau of labor statistics in 1885–1887. As an economist he first became widely known through his investigation of the railway question and his study of railway rates, which antedated the popular excitement as to rebates. His ''Railroad Transportation, Its History and Laws'' (1885) became a standard work, and appeared in Russian (1886) and French (1887). He testified as an expert on transportation before the Senate committee which drew up the Interstate Commerce Law, and wrote on railways and transportation for the Ninth and Tenth Editions (of which he was one of the editors) of the ''
Encyclopædia Britannica The is a general knowledge, general-knowledge English-language encyclopaedia. It has been published by Encyclopædia Britannica, Inc. since 1768, although the company has changed ownership seven times. The 2010 version of the 15th edition, ...
''. He wrote for Lalor's ''
Cyclopaedia of Political Science, Political Economy, and the Political History of the United States ''The Cyclopaedia of Political Science, Political Economy, and the Political History of the United States by the Best American and European Writers'' was an encyclopedia edited by John Joseph Lalor, first published in New York City in 1881 by May ...
'' (3 vols., 1881–1884), for ''The American Railway'' (1888), and for '' The Railroad Gazette'' in 1884–1891, and for other periodicals. His idea of the broad scope of economic science, especially of the place of ethics in relation to political economy and business, is expressed in his writings and public addresses. In 1907–1908 he was Theodore Roosevelt Professor of American History and Institutions at Frederick William University. In 1902, he was elected as a member to the
American Philosophical Society The American Philosophical Society (APS) is an American scholarly organization and learned society founded in 1743 in Philadelphia that promotes knowledge in the humanities and natural sciences through research, professional meetings, publicat ...
. He was an early member of the
American Academy of Arts and Letters The American Academy of Arts and Letters is a 300-member honor society whose goal is to "foster, assist, and sustain excellence" in American literature, Music of the United States, music, and Visual art of the United States, art. Its fixed number ...
. He was elected a director of the
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in 1913. In 1914 he lectured at the
University of Oxford The University of Oxford is a collegiate university, collegiate research university in Oxford, England. There is evidence of teaching as early as 1096, making it the oldest university in the English-speaking world and the List of oldest un ...
on “Institutions of the United States.” In 1915 he evoked considerable discussion in the
United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...
by declaring that young men who looked forward to a political career should have private means so as to avoid pecuniary temptations. In 1915 he endorsed college military camps and favored counting military training for a degree. After his retirement, he and his wife went on a world cruise, visiting Europe, India, and China. As the ship was approaching Japan, Hadley contracted pneumonia and died on shipboard, and the body was prepared in Japan for return to New Haven and interment in
Grove Street Cemetery Grove Street Cemetery or Grove Street Burial Ground is a cemetery in New Haven, Connecticut, that is surrounded by the Yale University campus. It was organized in 1796 as the New Haven Burying Ground and incorporated in October 1797 to replace th ...
. When the coffin was opened prior to burial, Hadley was clothed in a yellow Japanese kimono with a samurai sword placed alongside. Grove Street Cemetery's
Egyptian Revival Egyptian Revival is an architectural style that uses the motifs and imagery of ancient Egypt. It is attributed generally to the public awareness of ancient Egyptian monuments generated by Napoleon's French campaign in Egypt and Syria, invasion of ...
gateway is inscribed ''The Dead Shall Be Raised'', and most Yale presidents since it was built—and Hadley was no exception—have at some point quipped that the dead would most certainly be raised if Yale needs the land. Most are now buried there.


Works

In his books, he endeavored to utilize the results of economic and political history as a basis for a working system of
ethics Ethics is the philosophy, philosophical study of Morality, moral phenomena. Also called moral philosophy, it investigates Normativity, normative questions about what people ought to do or which behavior is morally right. Its main branches inclu ...
for a democracy like that of the
United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...
. Among his works are: *''Railroad Transportation, Its History and Laws'' (see notice above; 1885) *''Report on the Labor Question'' (1885) *''Economics, an Account of the Relations between Private Property and Public Welfare'' (1896) *''The Education of the American Citizen'' (1901) *''Freedom and Responsibility'' (1903) *''Baccalaureate Addresses'' (1907) *''Standards of Public Morality'' (1907) *''Some Influences in Modern Philosophic Thought'' (1913) *''Undercurrents in American Politics'' (1915) *''The Moral Basis of Democracy'' (1919)


Arthur Twining Hadley Prize

An annual tradition during Yale College Class Day, the Arthur Twining Hadley Prize is "awarded to the graduating senior majoring in the social sciences who ranks highest in scholarship." Recipients of this award include Jennifer Nou and Andrew Klaber.


Personal life

He married Helen Harrison Morris on June 30, 1891, daughter of Luzon Buritt Morris, who was to become Governor of Connecticut in 1893. They had two sons, Morris and Hamilton, and one daughter, Laura.


Notes


References

* * Kelley, Brooks Mather (1999)
''Yale: A History''
New Haven: Yale University Press. . .


External links

* {{DEFAULTSORT:Hadley, Arthur Twining 1856 births 1930 deaths Burials at Grove Street Cemetery Contributors to the Encyclopædia Britannica Academic staff of the Humboldt University of Berlin Presidents of the American Economic Association Presidents of Yale University Yale College alumni Yale University faculty Corresponding fellows of the British Academy Members of Skull and Bones Members of the American Academy of Arts and Letters Humboldt University of Berlin alumni Hopkins School alumni Members of the American Philosophical Society