Age, Biography and Wiki

Philip Taft was born on 22 March, 1902 in Syracuse, New York, US, is an American economist. Discover Philip Taft's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 74 years old?

Popular As N/A
Occupation N/A
Age 74 years old
Zodiac Sign Aries
Born 22 March 1902
Birthday 22 March
Birthplace Syracuse, New York, US
Date of death 1976
Died Place Providence, Rhode Island, US
Nationality United States

We recommend you to check the complete list of Famous People born on 22 March. He is a member of famous economist with the age 74 years old group.

Philip Taft Height, Weight & Measurements

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Philip Taft Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Philip Taft worth at the age of 74 years old? Philip Taft’s income source is mostly from being a successful economist. He is from United States. We have estimated Philip Taft's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
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Source of Income economist

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Timeline

1902

Philip Taft (1902–1976) was an American labor historian whose research focused on the labor history of the United States and the American Federation of Labor.

Taft was born on March 22, 1902, in Syracuse, New York.

His father died when he was still a young boy.

His mother moved the family to New York City, where she took up work as a house cleaner.

Living in youth hostels and traveling the country by hopping trains, he took a long series of odd and day-laborer jobs: errand boy, factory worker, stable boy, power plant worker, ore freighter coalman, farm hand, oil field worker, mule skinner, and many more.

Taft joined the Industrial Workers of the World (IWW) and, while working in the northern Great Plains as a harvest hand, became an organizer.

Later he assisted with legal defense of IWW members in New York City where he was befriended by Roger Baldwin, a founder of the American Civil Liberties Union.

1928

Taft attended night school in New York City and obtained a high school diploma in 1928.

1932

At the age of 26, he enrolled at the University of Wisconsin–Madison and graduated in 1932 with a bachelor's degree in economics.

He then entered the doctoral program in economics at the University of Wisconsin–Madison.

In graduate school, he took a job conducting research for one of his professors, Selig Perlman.

1935

Taft's contribution to the work was so significant that Perlman made him a co-author on volume four of History of Labor in the United States in 1935.

In the same year he earned his doctorate.

1936

Taft worked for the Wisconsin Industrial Commission and the federal Resettlement Administration before taking a job as an associate economist at the Social Security Administration in 1936.

1937

He was appointed an assistant professor of economics at Brown University in Providence, Rhode Island, in 1937.

1949

He was chairman of the Economics Department from 1949 to 1953.

Throughout his tenure at Brown, Taft sought to use the university's expertise to improve society.

1950

In 1950, President Harry S. Truman appointed Taft to a committee of experts on the New England economy under the aegis of the President's Council of Economic Advisors.

1952

In 1952, Taft pushed Brown University to join with a newly formed Rhode Island businessmen's committee to study the economic problems of the state.

1957

His "The A.F. of L. in the Time of Gompers", published in 1957, was for many years seen as the definitive history of the American Federation of Labor.

Nearly 50 years later, it is still routinely cited by labor historians.

To many in the American labor movement, Taft was a highly regarded and sympathetic scholar.

Two months before Taft's death, George Meany summed up the labor movement's gratitude by writing, "Generations of students will continue to benefit from your scholarship and understanding of the economic, social and human aspects of the world of work."

1961

Taft was appointed in 1961 to a committee on labor-management reports established by the US Department of Labor, where he helped advise the department and draft rules implementing the Landrum–Griffin Act.

1963

In 1963, Taft won a grant from the Ford Foundation to study the financial difficulties confronting, and the economic impact of, an aging populace.

1968

Taft retired from teaching in 1968.

He maintained an office at Brown, however, and continued to conduct research.

1975

In 1975, he was awarded a Guggenheim Fellowship to study the history of the labor movement in Alabama.

He became an acquaintance of AFL–CIO president George Meany, who thought highly of Taft's intelligence and ability to quickly analyze any situation.

1976

Philip Taft died in Providence on November 17, 1976, at the age of 74.

Taft was and remains a well-known and highly respected labor historian.

His The Structure and Government of Labor Unions was the first work to rigorously detail the organizational structure and governance practices of American labor unions, and is considered a fine application of organizational theory to labor unions.

1977

In 1977, Cornell University instituted the Philip Taft Labor History Book Award prize.

The highly sought-after and prestigious annual award goes to a book of original research which explores

"...the history of workers (free and unfree, organized and unorganized), their institutions, and their workplaces, as well as scholarship that explores the ways in which broader historical trends have shaped working-class life, including but not limited to: immigration, slavery, community, the state, race, gender, and ethnicity."

Taft's papers are maintained at the Kheel Center for Labor-Management Documentation and Archives, which is housed at the Catherwood Library at Cornell University.

The records consist mainly of research notes which Taft gathered while writing manuscripts.

The archives include numerous original documents found nowhere else.

The records are particularly detailed in regard to labor organizations outside the United States; the AFL–CIO's foreign affairs policies; maritime unions; labor's involvement with the National Industrial Recovery Act; the National Labor Relations Board; organized crime and unions; labor and the steel industry; teacher unions; and labor's involvement in national mobilization and economic policy during the two world wars.