The Resource Economics of Grover Pease Osborne: Author of America's First Textbook on Resource Economics
In: The American journal of economics and sociology, Volume 65, Issue 3, p. 587-603
ISSN: 1536-7150
Abstract. Grover Pease Osborne was the author of the first American textbook on resource economics. This field started during the Progressive Period in the United States (from 1890 to the 1920s). Osborne's pioneering work encourages us to ask what sorts of public policies towards the management of non‐renewable resources are in the best interests of the nation.