
author
1862–1944
A leading American economist of the marginalist school, he wrote widely on money, banking, and financial history while teaching for many years at the University of Wisconsin.

by William Amasa Scott
Born in Clarkson, New York, on April 17, 1862, William Amasa Scott was an American economist and academic known for his work on monetary theory, banking, and the history of economic thought. He studied at the University of Rochester and later earned a Ph.D. from Johns Hopkins University.
After early teaching work at the University of South Dakota, he joined the University of Wisconsin in 1892, where he became a longtime professor of political economy. Reference works consistently describe him as an important representative of the marginalist tradition in American economics.
Scott also wrote several books, including Money and Banking and Banking, helping introduce readers and students to the financial systems of his day. He died in 1944, leaving behind a body of work closely tied to the study of currency, credit, and banking institutions.