WILLIAM RATHEBONE GREG (1809-1891) was educated at University of Edinburgh. He helped introduce Galton-style Eugenics into Economics. See,
THE ETHICS OF THE NEW EUGENICS
EUGENICS AND THE AMORALIZATION OF ECONOMICS
(Library of Economics and Liberty, 2002)
W.R. Greg's thesis was this: that the indisputable effect of the state of social progress and culture we have reached, of our high civilization in its present stage and actual form, is to counteract and suspend the operation of that righteous and salutary law of ‘natural selection’ in virtue of which the best specimens of the race—the strongest, the finest, the worthiest—are those which survive… and propagate an ever improving and perfecting type of humanity.
The cited 2002 article, by David Levy and Sandra Peart makes intense reading. For example
In 1925, John Ruskin wrote:
And the great cry that rises from all our manufacturing cities, louder than their furnace blast, is all in very deed for this,—that we manufacture everything there except men; we blanch cotton, and strengthen steel, and refine sugar, and shape pottery; but to brighten, to strengthen, to refine, or to form a single living spirit, never enters into their estimate of advantages.
The seminal article by Levy and Peart concludes:
For evocative further reading, please see:
THE ROAD TO EUGENICS
THE GREAT ITALIAN STATISTICIAN, ECONOMIST, AND EUGENICIST
THOMAS C. LEONARD ON THESE TOPICS