George W. Stocking, Sr.

Who was George W. Stocking, Sr.?

George W. Stocking Sr. was 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 was professor of economics at the University of Texas at Austin from 1926 to 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 and was professor and chair of the Department of Economics at Vanderbilt University in 1947, where he remained from 1947 to 1963. He was elected President of the Southern Economic Association in 1952, and of the American Economic Association in 1958.

Stocking was a pioneering economist of industrial organization. Stocking's most enduring research was published in three volumes: Cartels in Action, Cartels or Competition?, and Monopoly and Free Enterprise.