The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Ayres, Clarence Edwin (1891–1972)

  • Warren J. Samuels
Reference work entry


Ayres was born on 6 May 1891 in Lowell, Massachusetts, and died on 25 July 1972 in Alamogordo, New Mexico. Trained as a philosopher, with degrees from Brown and Chicago (PhD, 1917), Ayres taught at Chicago, Amherst and Reed before moving to the University of Texas at Austin in 1930, from which he retired in 1968. For one year, 1924–5, he was an associate editor of The New Republic, associated with Herbert Croly, John Dewey, Alvin Johnson and R.H. Tawney. He had a lifelong correspondence with another philosophically oriented, but more traditional economist, Frank H. Knight.


Ayres, C. E. Culture Industrialization Institutional economics Methodological collectivism Technology Values Veblen, T. 

JEL Classifications

This is a preview of subscription content, log in to check access.


  1. Breit, W. 1973. The development of Clarence Ayres’s theoretical institutionalism. Social Science Quarterly 54: 244–257.Google Scholar

Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Warren J. Samuels
    • 1
  1. 1.