Thomas Sewall Adams | |
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![]() Adams c. 1899 | |
Born | (1873-12-29)December 29, 1873 |
Died | February 8, 1933(1933-02-08) (aged 59) |
Occupation(s) | economist, educator |
Thomas Sewall Adams (December 29, 1873 – February 8, 1933) was an Americaneconomist who was Professor of Political Economy atYale University. He was advisor to theU.S. Treasury Department, and a key architect of the post-WWI fiscal state in the United States.[1][2]
Born inBaltimore,Maryland, Adams graduated fromBaltimore City College in 1893 and subsequently enrolled inJohns Hopkins University, where he received his BA in 1896 and his PhD in 1899. In 1899, Adams was appointed assistant to the Treasurer ofPuerto Rico. He served in that capacity for one year, before joining the faculty ofUniversity of Wisconsin–Madison as an associate professor ofpolitical economy in 1901.[3] He was elevated to a full professor in 1908.
Between 1911 and 1915, Adams served on theWisconsin tax commissioner and drafted many of that state's tax laws. In 1916, he was appointed to the faculty of Yale University, where he served as a professor until his death in 1933. An economic adviser to the U. S. Treasury (1917–1933), he is credited with much of the taxation policy of the World War I and post-war period. He was president of theNational Tax Association (1922–1923),American Economic Association (1927), and member of the fiscal committee, League of Nations (1929–1933).[4]
Adams authored many books on economics and taxation policy, including
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