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Clark A. Warburton 1896 to 1979

Warburton's career as an economist spanned over half a century, from his first teaching position in 1922 until his death in 1979. He was born in Shady Grove, New York on January 27, 1896. He studied at Houghton College from 1915 to 1917, took his B.A. at Cornell University in 1921 and his M.A. there in 1928. During the 1920's and early 1930's he held teaching positions at colleges both in India and the U.S. and he was a member of the research staff of the Brookings Institution from 1932 to 1934. He received his Ph.D. from Columbia in 1932. In his doctoral dissertation "The Economic Results of Prohibition," Warburton demonstrated his unique ability both to pose in a clearcut fashion an important economic question and then to provide answers to the question raised using solid quantitative evidence. The evidence he marshalled showed that prohibition of alcoholic beverages in the United States did not produce the results intended by the policy makers — neither consumption of nor expenditure on alcoholic beverages declined. Moreover, Prohibition led to substantial resource losses as well as to substantial losses in government revenue.