William Graham Sumner Quotes
There is every indication that we are to see new developments of the power of aggregated capital to serve civilization, and that the new developments will be made right here in America.
Sumner, William Graham. What Social Classes Owe to Each Other. Harper & Brothers, 1883, p. 55.
The colony, Darien, failed as the Spanish evicted the colonists. Yet Holland’s economic view of the advantages of international trade was remarkably prescient.
William Graham Sumner was a classical liberal American social scientist. He taught social sciences at Yale, where he held the nation's first professorship in sociology. He was one of the most influential teachers at Yale or any other major school. Sumner wrote widely within the social sciences, with numerous books and essays on American history, economic history, political theory, sociology, and anthropology. He supported laissez-faire economics, free markets, and the gold standard. He adopted the term "ethnocentrism" to identify the roots of imperialism, which he strongly opposed, and as a spokesman against it he was in favor of the "forgotten man" of the middle class, a term he coined. He had a long-term influence on conservatism in the United States.