Francis Amasa Walker
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Francis Amasa Walker was born in Boston, Massachusetts (July 2, 1840–January 5, 1897) and was a United States economist and educator. He served as the president of MIT between 1881 and 1897, and helped to design the Stanford University campus. He graduated from Amherst College in 1860, where he studied law. During the Civil War he rose from the rank of sergeant-major to that of brevet brigadier-general of volunteers -- awarded him at the request of General Winfield Scott Hancock. He was particularly adept at analyzing enemy troop strength and their position.He was wounded at the Battle of Chancelorsville, and captured at Ream's Station, where he was sent to Libby Prison. Walker's activities after the war included stints as editor of the Springfield (MA) Republican, chief of the government bureau of statistics, director of both the 9th and 10th Census (1870 & 1880) and as U.S. commissioner of Indian Affairs (1871–72). From 1872 to 1880 he was professor of political economy at Yale, and from 1881 to his death he was president of the Massachusetts Institute of Technology. As an economist, Walker is especially known for his theories on wages and profits (promulgated in The Wages Question, 1876) and for his advocacy of international bimetallism. Other works by him include Money (1878), Political Economy (1883), Land and Its Rent (1883), and International Bimetallism (1896).
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