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Meanwhile, Burgess's affinity for German-trained scholars like himself led him to recruit colleagues, such as Richard Mayo-Smith and Edwin Seligman, who had embraced both German historicism and statistical study.
The third and perhaps most important inspiration came from the proto-institutionalist thinking of the public finance economist, Edwin Seligman, who Beard himself would single out as a major influence on the writing of An Economic Interpretation.
If Goodnow and Robinson reinforced much of Beard's innate historical realism by providing a model of engaged scholarship, Edwin Seligman and his writings shaped and clarified Beard's commitment to analyzing economic interests and forces.