Frank William Taussig (1859–1940) was an American economist who is credited with creating the foundations of modern trade theory.

In his 1911 textbook Principles of Economics, Taussing remarked: Certain types of criminals and paupers breed only their kind, and society has a right and a duty to protect its members from the repeated burden of maintaining and guarding such parasites. ...

[6]Paul Douglas (a future president of the American Economic Association and three-term Senator from Illinois) was a graduate student under Taussig at Harvard in the Fall of 1915 and recalled the experience.

Douglas had studied two years in graduate school at Columbia University with Edwin Seligman, who was an ideological enemy of Taussig.

Given the opportunity to criticize the Columbia school of economic thought by confronting Douglas, Taussig attempted to humiliate him to the delight of the Harvard pupils who filled the lecture hall to witness the "slaughter".

Beet sugar grows best in cool climates of the irrigated regions of Colorado, Utah, Idaho, Montana, and California.

[9][10] In March 1919, he was called to Paris to advise in the adjustment of commercial treaties, and in November, on invitation of Woodrow Wilson, he attended the second industrial conference in Washington, DC, for promoting peace between capital and labour.