James Harvey Rogers
| James Harvey Rogers | |
|---|---|
| Born |
25 September 1886 Society Hill, South Carolina |
| Died | 13 August 1939 (aged 52) Rio de Janeiro, Brazil |
| Cause of death | airplane crash |
| Known for | Advisor to Franklin D. Roosevelt |
| Parent(s) | John Terrell Rogers and Florence Coker Rogers |
James Harvey Rogers was Yale University Sterling Professor of Economics from 1931 until his death in 1939. He served as an adviser to President Franklin D. Roosevelt on monetary economics from 1933–1934. He was a student of Irving Fisher and Vilfredo Pareto and is considered Fisher's closest disciple and a proto-Keynesian.
In 1743, Nicholas Rogers established a 350-acre plantation in the wilderness of Welsh Neck, east across the Great Pee Dee River from Society Hill, in the adjoining Marlboro County. Nicholas's grandson was Colonel Benjamin Rogers, Jr., who fought in the American Revolution and was the father of 18 children and one step-child. James Harvey's father, John Terrell Rogers, was a fourth generation descendant of Nicholas Rogers. John was a Captain in the Confederate Army by the age of 19 and after the War started his own plantation in Society Hill that he named Belle vue. Captain Rogers's first wife died in 1874 and he married Florence Coker, the youngest daughter of a prosperous store owner, in 1879.
Rogers attended primary school at St. David's Academy where he was a mediocre, if diligent, student. In 1904 he enrolled at the College of South Carolina in Columbia. By starting as an advanced sophomore and taking large course loads he was able to complete bachelor's degrees in both arts and sciences and a Master of Arts in mathematics and astronomy by 1907. At this point in his life, Rogers had not advanced beyond the sentimental, ethnocentric nationalism the Southern landowning class. After graduating he taught at St. David's Academy and was acting principal for one year before entering Yale University for a second bachelor's degrees in 1909. He spent two years at the University of Chicago studying mathematics and astronomy. Studying under Alvin Johnson convinced Rogers to combine his interest in mathematics with economics. Nevertheless, he left unsatisfied and without earning a degree and returned to Yale. The death of his father in 1912 temporarily interrupted his education, but he received an M.A. in 1913. Owing to a sense of civic duty and an interest in social reform, he switched to political economy in the doctoral program. It was during his time at Yale that he began his study with Irving Fisher.
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