David McCord Wright
{{short description|American economist}}
David McCord Wright (1909–1968) was an American economist and educator at the University of Georgia.{{citation needed|date=April 2023}} He was a graduate of Harvard University.{{citation needed|date=April 2023}}
Personal
Wright was born in Savannah, Georgia. He married Caroline Noble Jones and had three children: Anna, Antony and Peter.{{Cite web |url=http://holmesacourt.org/d11/i0000823.htm |title=The family history of Holmes à Court. |access-date=2008-10-27 |archive-url=https://web.archive.org/web/20110720132930/http://holmesacourt.org/d11/i0000823.htm |archive-date=2011-07-20 |url-status=dead }}
Professional
=Teaching=
Wright was an economics professor at the University of Virginia; he also served as an advisor to the U.S. Federal government.[http://www.terry.uga.edu/news/releases/2006/davidmccordwright_lecture.html Richard H. Timberlake to deliver David McCord Wright Lecture April 5 at UGA Chapel], Terry College press release, by Jim Kvicala. 28 March 2006. Wright took a professorship at the University of Georgia's Terry College of Business from 1962 until his death in 1968. The Economics Department sponsors the annual David McCord Wright Lecture.[http://www.uga.edu/news/newsbureau/releases/2000releases/mcteer.html University of Georgia press release], David Dodson and Megan McGovern. 14 April 2000.
Some of Wright's students are former U.S. Senator Phil Gramm, Ronald Reagan's Budget Director Jim Miller and the former Dallas Federal Reserve chief Bob McTeer.[http://www.uga.edu/news/september11/statements/benson.html "Message from the Dean,"] George Benson, Dean of Terry College. Fall, 2001. McTeer recalls his teacher repeating the lesson, "Growth comes through change and causes change."[http://www.uga.edu/gm/902/FeatLoner.html "The Fed's Lone Star Loner,"] {{Webarchive|url=https://web.archive.org/web/20081010124418/http://www.uga.edu/gm/902/FeatLoner.html |date=2008-10-10 }} by Jack Pendarvis and Charles McNair, Terry Magazine, University of Georgia. September 2002: Vol. 81, No. 4. McTeer's 2000 Wright Lecture memorialized [http://www.bobmcteer.com/speeches/2000/change.html both Wright's teachings and life.]
=Books=
Wright published many articles and books during his life. Some of them are The Keynesian System, ({{ISBN|978-0-313-24090-4}}), which was part four of The Miller Lectures, The Trouble with Marx in 1967 and Democracy and Progress in 1948. In The Trouble With Marx, Dr. Wright foretold the decline and fall of the Soviet system. His critical analysis explained how the inherent rigidity of central planning and command economies of Marxist–Leninist regimes inhibit economic growth by suppressing the essential quality needed for growth: change which fosters further growth. The Trouble with Marx was also used his Comparative Economic Systems course which he taught in summer sessions at the Naval War College at Newport, Rhode Island.
References
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Category:Harvard University alumni
Category:University of Georgia faculty
Category:American economics writers
Category:People from Savannah, Georgia
Category:20th-century American economists
Category:20th-century American non-fiction writers
Category:20th-century American male writers
Category:American male non-fiction writers
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