Foundation for Teaching Economics
The Foundation for Teaching Economics (FTE) is an organization founded in 1975 that promotes economics education by hosting free workshops for high school students and teachers, and by providing educational resources to teachers.
The organization was established in 1975 by Jaquelin H. Hume, the co-founder of Basic American Foods, the world's largest producer of dried onion and garlic as well as dried potato products (used primarily for instant mash potatoes). It promotes the teaching of economics in elementary and high schools in the United States.
As of 2009, Jaquelin H. Hume's two sons William J. Hume and George H. Hume served on the Board of Trustees. The other trustees were Orley Ashenfelter, a Professor of Economics at Princeton University; Arthur J. Hedge, an investor; Caroline Hoxby, a Professor of Economics at Stanford University; Jay Jacobs, an investor; Edward A. Landry, an attorney; John Manfredi, an investor; Douglass North, the 1993 winner of the Nobel Memorial Prize in Economic Sciences; Vernon L. Smith, the 2002 winner of the Nobel Memorial Prize in Economic Sciences; and Christopher A. Wright, an investor.
- Bruce Lambert, Jaquelin Hume, 86, Dried Fruit Producer and Philanthropist, The New York Times, October 04, 1991
- Food Processing Pioneer Jack Hume, Chicago Tribune, October 06, 1991
- Jaquelin Holliday Hume '28 Archived 2016-03-05 at the Wayback Machine., Princeton Alumni Weekly, January 22, 1992
- Foundation for Teaching Economics: Board of Trustees
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