JOHN BATES CLARK (1847-), American economist, was born at Providence, Rhode Island, on the 26th of January 1847. Educated at Brown University, Amherst College, Heidelberg and Zurich, he was appointed professor of political economy at Carleton College, Minnesota, in 1877. In 1881 he became professor of history and political science in Smith College, Massachusetts; in 1892 professor of political economy in Amherst College. He was appointed professor of political economy at Columbia University in 1895. Among his works are: The Philosophy of Wealth (1885); Wages (1889); Capital and its Earnings (1898); The Control of Trusts (Igor); The Problem of Monopoly (1904); and Essentials of Economic Theory (1907).