"Perhaps we can hit upon some medium of course": Rockefeller philanthropy, economic research, and the structure of social science--1911-1946

The Politics of Funding: The Rockefeller Foundation and French Economics, 1945–1955

“…Aware of the opportunities offered by the new division, the director of the Rockefeller Foundation, Raymond B. Fosdick, urged the then newly appointed director of the division, the American educator and economist Edmund Day, to focus on “more concrete policy application related to the current emergency” (Rutherford 2011, p. 117). Consequently, the division concentrated its actions on economics because “the most urgent problems now revolved largely around economic matters” (Seim 2007, p. 288). The idea was to facilitate the production of economic knowledge by promoting a new academic model—the full-time system —to ensure that economists dedicate all of their time to research 3 .…”