George W. Stocking Sr.

George W. Stocking Sr. (1892-1975)

An American economist who was one of the pioneers of industrial organization and an early writer on international cartels. After completing a Ph.D. degree from Columbia University in 1925, he taught economics at the University of Texas at Austin until 1947. During 1933-1943 he held several positions with the federal government, including the Antitrust Division of the U.S. Department of Justice, where he advised Attorney General Thurman Arnold. He founded the economics department at Vanderbilt University in 1947, where he remained until 1963. He was elected President of the American Economic Association in 1958.

While he wrote books on the petroleum and potash industries, he is best known for three volumes published in 1946, 1948, and 1951 with co-author Myron W. Wilkins on international cartels and antitrust policy.

Source: In Memoriam: George Stocking 1892-1975, "American Economic Review"Vol. 85 (1978) pp. 453-454.

Citations: George W. Stocking and Myron W. Wilkins. "Cartels in Action." New York: Twentieth Century Fund (1946).

George W. Stocking and Myron W. Wilkins. "Cartels or Competition?" New York: Twentieth Century Fund (1948).

George W. Stocking and Myron W. Wilkins. "Monopoly and Free Enterprise." New York: Twentieth Century Fund (1951).