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ELY, Richard Theodore, political economist, born in Ripley, New York, 13 April 1854. After attending the New York state normal school, he was graduated at Columbia in 1876, and, as holder of the graduate fellowship of letters in that institution, studied at Heidelberg University, Germany, in 1876'9, receiving the degree of Ph.D. in the latter year. Since 1885 he has been associate in political economy at Johns Hopkins, secretary of the American economic association, and has also served as tax commissioner of Maryland since 1885. He has contributed to periodical literature, and has published "French and German Socialism in Modern Times" (New York, 1883)" " The Past and Present of Political Economy" (Baltimore, 1884)" "The Labor Movement in America" (New York, 1886). He has also edited, with an introduction, " Cooperation in America" (Baltimore, 1887).
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