The Forgotten Man, and Other EssaysSumner, William Graham
Science
The Forgotten Man, and Other Essays
Sumner, William Graham
Economics; Social sciences
Sumner’s dominant interest in political economy, as revealed in his
teaching and writing, issued in a doughty advocacy of “free trade and
hard money,” and involved the relentless exposure of protectionism
and of schemes of currency-debasement. As conveying his estimate of
protectionism, it is only fitting that his little book on “The -Ism
which teaches that Waste makes Wealth” should be recalled from an
obscurity that it does not deserve; it is typical of the author’s most
vigorous period and witnesses to the acerbity of a former issue that
may recur. In default of a single, comprehensive companion-piece in the
field of finance, and one making as interesting reading, it has been
necessary to confine selection to several rather brief articles, most
of them dating from the campaign of 1896. In the choice of all economic
essays I have been guided by the advice of my colleague, Professor F.
R. Fairchild, a fellow-student under Sumner and a fellow-admirer of his
character and career. Professor S. L. Mims also has been generous in
his aid. I do not need to thank either of these men, for what they did
was a labor of gratitude and love.
The title essay will be found at the end of the volume. It is the
once-famous lecture on “The Forgotten Man,” and is here printed for
the first time. When “War and Other Essays” was being prepared, we
had no knowledge of the existence of this manuscript lecture; and, in
order to bring into what we supposed was to be a one-volume collection
this character-creation of Sumner’s, one often alluded to in modern
writings, we reprinted two chapters from “What Social Classes Owe to
Each Other.” It has been found impracticable in later reprintings of
Vol. I to replace those chapters with the more complete essay; and we
have therefore decided to reproduce the latter, despite the certain
degree of repetition involved, rather than leave it out of the series.
In view of the fact that Sumner has been more widely known, perhaps, as
the creator and advocate of the “Forgotten Man,” than as the author of
any other of his works, we entitle this volume “The Forgotten Man and
Other Essays.”
Several essays not of an economic order have been included because they
have come to my knowledge within the last few years and have seemed to
me to call for preservation. It is almost impossible to fix the dates
of such manuscript essays, for I have not been able in all cases to
secure information from persons who might be able to identify times and
occasions. And there remain a good number of articles and manuscripts,
published or unpublished, which can receive no more than mention, with
a word of characterization, in the bibliography.
Public-domain text, read in full here on John Shaqi.
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