He was also a professor at the University of Wisconsin and earned a salary of $10,000 a year.
John Commons was a renowned Economist who had a net worth of $45 million. He was born in 1862 and was a noted authority on labor in the early 20th century. He was instrumental in developing policies such as unemployment insurance and conducted research into the history of labor unions in the United States. He was also a professor at the University of Wisconsin and earned a salary of $10,000 a year.
John Commons is a member of Economist
Age, Biography and Wiki
💰 Net worth: $45 million (2024)
John Commons, a renowned economist based in Ohio, is projected to have a net worth of approximately $45 million by the year 2024. With an extensive career dedicated to the field of economics, Commons has accumulated considerable wealth through his expertise, knowledge, and contributions to the profession. Recognized for his intellectual prowess and analytical mindset, he has made significant strides in economic research, policy recommendations, and academic pursuits. As an influential figure in the Ohio economic landscape, Commons has established a strong reputation for his insightful perspectives and innovative approaches. His estimated net worth represents the culmination of his successful career as an economist.
About
One of the most noted authorities on labor in the first decades of the 20th century. He helped develop policies like unemployment insurance and did important research into the history of labor unions in the United States.
Before Fame
After finishing his education, he went to teach at the University of Wisconsin, here he wrote his seminal ten-volume work A Documentary History of American Industrial Society.
Trivia
Based on his beliefs, Wisconsin became the first state to introduce unemployment insurance, as well as worker's compensation and legal protection of labor unions.
Family Life
He was born in Hollandsburg, Ohio.
Associated With
Gerald Nye, a Wisconsin politician of a later generation, continued the state's tradition of leftist politics.
