The Foundation for Teaching Economics (FTE) is an organization founded in 1975 that promotes

economics education Economics education or economic education is a field within economics that focuses on two main themes: *The current state of, and efforts to improve, the economics curriculum, materials and pedagogical techniques used to teach economics at all e ...

by hosting

workshops Beginning with the Industrial Revolution era, a workshop may be a room, rooms or building which provides both the area and tools (or machinery) that may be required for the manufacture or repair of manufactured goods. Workshops were the onl ...

for high school students and teachers, and by providing educational resources to teachers.

History

The organization was established in 1975 by

Jaquelin H. Hume Jaquelin Holliday "Jack" Hume (1905–1991) was an American businessman and conservative philanthropist. He co-founded Basic American Foods, the world's largest producer of dried onion and garlic, and later dried potatoes, for instant mashed po ...

, the co-founder of

Basic American Foods Basic American Foods is an American food corporation.

.Bruce Lambert
Jaquelin Hume, 86, Dried Fruit Producer and Philanthropist
''

The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...

'', October 04, 1991Food Processing Pioneer Jack Hume
''

Chicago Tribune The ''Chicago Tribune'' is a daily newspaper based in Chicago, Illinois, United States, owned by Tribune Publishing. Founded in 1847, and formerly self-styled as the "World's Greatest Newspaper" (a slogan for which WGN radio and television a ...

'', October 06, 1991Jaquelin Holliday Hume '28
, ''Princeton Alumni Weekly'', January 22, 1992 The foundation promotes the teaching of economics in elementary and high schools in the United States. and describes its mission as promoting "excellence in economic education by helping teachers of economics become more effective educators". As of 2009, Jaquelin H. Hume's two sons

William J. Hume William J. Hume, known as Jerry Hume, is an American businessman and Conservatism in the United States, conservative donor.George H. Hume George H. Hume is an American heir, businessman and philanthropist. He serves as president and chief executive officer of Basic American Foods, the world's largest producer of dried onion, garlic and potato products. He served as president of the S ...

served on the Board of Trustees.Foundation for Teaching Economics: Board of Trustees
/ref> The other trustees were

Orley Ashenfelter Orley Clark Ashenfelter (born October 18, 1942) is an American economist and the Joseph Douglas Green 1895 Professor of Economics at Princeton University. His areas of specialization include labor economics, econometrics, and law and economics. H ...

, a professor of economics at

Princeton University Princeton University is a private research university in Princeton, New Jersey. Founded in 1746 in Elizabeth as the College of New Jersey, Princeton is the fourth-oldest institution of higher education in the United States and one of the n ...

; Arthur J. Hedge, an investor; Caroline Hoxby, a professor of economics at Stanford University; Jay Jacobs, an investor; Edward A. Landry, an attorney; John Manfredi, an investor;

Douglass North Douglass Cecil North (November 5, 1920 – November 23, 2015) was an American economist known for his work in economic history. He was the co-recipient (with Robert William Fogel) of the 1993 Nobel Memorial Prize in Economic Sciences. In the wo ...

, the 1993 winner of the

Nobel Memorial Prize in Economic Sciences The Nobel Memorial Prize in Economic Sciences, officially the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel ( sv, Sveriges riksbanks pris i ekonomisk vetenskap till Alfred Nobels minne), is an economics award administered ...

; Vernon L. Smith, the 2002 winner of the Nobel Memorial Prize in Economic Sciences; and Christopher A. Wright, an investor.

References

External links

Official FTE website
Economics education Organizations established in 1975 {{edu-org-stub