Edward C. Harwood
Edward Crosby Harwood (October 28, 1900 – December 16, 1980) was an American economist, philosopher of science, and investment advisor who is most known for founding the nonprofit American Institute for Economic Research (AIER) in 1933, which survives today in Great Barrington, Massachusetts. AIER is a scientific research organization specialized in economics. It is one of the oldest nonprofit research organizations in the U.S. It is the parent of a for-profit subsidiary, American Investment Services, Inc.
Edward C. Harwood | |
|---|---|
| Born | October 28, 1900 Cliftondale, Massachusetts |
| Died | December 16, 1980 (aged 80) Montecito, California |
| Nationality | American |
| Education | West Point (B.S.) RPI (B.S., M.Eng., M.B.A.) |
| Academic career | |
| Field | business cycles monetary policy investing philosophy of science |
| Influences | Henry George (land value taxation) John Dewey (early work in logic and correspondence on methodology with Arthur F. Bentley) Charles Sanders Peirce William James Gottfried Haberler(early work) L. Albert Hahn (later work) Ralph George Hawtrey Henry Hazlitt William Harold Hutt |
| Contributions | Opposed John Maynard Keynes (ideas promulgating economic interventionism) Alvin Hansen Paul Samuelson John Kenneth Galbraith |
Harwood also established the Behavioral Research Council (BRC) in the early 1950s with two sociologists, George A. Lundberg and Stuart C. Dodd, both professors at the University of Washington. BRC was taken over by AIER in 1984, but some of its work continues tangentially at another nonprofit entity Harwood created called the Progress Foundation (PF), now based in Zurich, Switzerland. More specifically, today PF concerns itself with "conducting and disseminating independent research that fosters greater understanding of the factors that contribute to human progress".