The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Franklin, Benjamin (1706–1790)

  • Henry W. Spiegel
Reference work entry


One of the founding fathers of the United States, Franklin is remembered as ‘the wisest American’ for his many accomplishments as statesman, scientist and writer. As a writer he extolled the virtues of industry and thrift in many memorable phrases, some of which have become household maxims. They lent support to Max Weber’s thesis of the Protestant origin of capitalism and were cited by him.

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  1. Carey, L.J. 1928. Franklin’s economic views. New York: Doubleday.Google Scholar
  2. Dorfman, J. 1946. The economic mind in American civilization 1606–1865, vol. 1. New York: Viking.Google Scholar
  3. Spiegel, H.W. 1960. The rise of American economic thought. Philadelphia: Chilton.Google Scholar

Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Henry W. Spiegel
    • 1
  1. 1.