Frederick Vail Waugh (1898–1974)[1] was an American agricultural economist known for his work relating supply, demand, quality, and marketing in the prices of agricultural products, for his understanding of who benefits from volatility in agricultural pricing, and for his advocacy of food stamp and food distribution policies for the poor.
In 1957, the Agricultural & Applied Economics Association named him as a fellow.
[4] In 1968, he and his daughter, mathematician Margaret Maxfield, won the Lester R. Ford Award of the Mathematical Association of America for a paper on the rational approximation of square roots.
[6] A collection of Waugh's selected works was published by the University of Minnesota Press in 1984.
[3] His memorabilia from the Army Ambulance Service is collected in the University of Massachusetts Amherst library.