Categories
Austria Economists Harvard Seminar Speakers

Harvard. Ludwig von Mises visits the economics department, 1940

“Money as a Dynamic Factor” was the title of the talk given by Ludwig von Mises Thursday evening, December 5, 1940 at the Harvard department of economics. From a memo written by Paul Sweezy [transcribed for the following post] we know that the cocktail committee added sherry and whiskey to the selection of hard drinks served as refreshment that evening.

________________________

Carbon copy of letter from Chamberlin to Mises

November 20, 1940

Dear Dr. von Mises:

            The Department of Economics at Harvard would like to offer their graduate students the privilege of meeting you and hearing you while you are in this country. Would it be possible for you to speak at Harvard on the evening of either December 5 or December 12? If so, I should be glad to receive from you suggestions as to possible subjects. We should hope, too, that you would be able to remain in Cambridge for a day or so in order to give students and others a chance to talk with you informally. An honorarium of $100 will be paid (from which you would be expected to meet your own travelling expenses).

            I very much hope you will be able to accept this invitation.

Sincerely yours,

 

E. H. Chamberlin

Dr. Ludwig von Mises
599 West End Avenue
New York City

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Mises’ Reply to Chamberlin

 Ludwig Mises

New York, Nov. 23, 1940

Dear Professor Chamberlin:

Thank you very much for your kind invitation. I shall be very pleased to address the graduate students of your Department.

            I hope that nothing will prevent me from delivering my address on the first of the two days you suggested in your letter (i.e. December 5) and to have informal talks with the students on the following days.

            Would you consider as a suitable topic for my address: “Money as a dynamic factor”?

Sincerely yours

[signed] L. Mises

________________________

Department Announcement
of Lecture by Mises

Department of Economics

Professor Ludwig von Mises, formerly of the University of Vienna and of the Institute for International Studies at Geneva, will speak on “Money as a Dynamic Factor”, in the Littauer Lounge at 8 P.M., Thursday, December 5 [1940].

(Open to members of the University)

________________________

Thank you note from Mises

New York, December 11, 1940

Dear Professor Chamberlin

Thank you for your kind letter of December 9. May I express once again my gratitude for the warm reception you and your colleagues accorded me. It was a great pleasure to me to have the opportunity to meet the distinguished members of your department.

Sincerely yours

Ludwig Mises

 

Source: Harvard University Archives. Department of Economics. Correspondence and Papers 1930-1961. Box 25 (Visiting Committees-Whippen), Folder: “Possible Visitors to Econ. Department”.

Image Source:  Ludwig von Mises (1935) at the Österreichische Nationalbibliothek Digital website.

Categories
Harvard Seminar Speakers

Harvard. Report of the Cocktail Committee. Paul Sweezy, 1941

 

Departmental meetings with cocktails! What could possibly go wrong? Paul Sweezy   wrote the following memo that outlined his scheme to collect revenue to balance the budget of the Harvard economic department’s “Cocktail Committee”. While the average outlay of $3 per meeting seems rather modest when deflated by the bar price for martinis at the time, it is interesting to note that the whiskey and sherry expenditure for drinks following Ludwig von Mises’ talk (only sherry?) amounted to more than double the average cost. Quality vs. quantity vs. price? 

Incidentally, I love Sweezy’s distinction between meeting “attendance” and “participation”.

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Martini: Bar Price in 1940

We again find the quarter [i.e. $0.25] martini a couple years later, in Chicago of 1940, at Gimbel’s Restaurant and Cocktail Lounge, on a block of West Randolph Street not far from the Cook County Court House and Grant Park.

Source: Brent Cox, “How Much More Do Martinis Cost Today?” Posted at The Awl (June 5, 2012).

_________________________

HARVARD UNIVERSITY
DEPARTMENT OF ECONOMICS

CAMBRIDGE, MASSSACHUSETTS

April 17, 1941

Report of the Cocktail Committee

There have been seven regular department meetings for which cocktails have been provided at a total cost of $21.65, or slightly over $3 per meeting.

In addition, at one meeting whiskey was provided and sherry was served at the Mises meeting, making a further cost of $6.57.

There will be two more regular meetings. Budgeting each of these for $3 brings the total outlay of the cocktail committee for the year to $34.22.

It is difficult to know how to apportion this expense most rationally. I suggest that the members of the department who have benefitted from the facilities provided divide themselves into three categories as follows:

(1) Those who have attended regularly and participated freely. $3 each.

(2) Those who have attended regularly and participated moderately, or attended irregularly and participated freely. $2 each.

(3) Those who have derived only occasional benefit. $1 each.

            It this scheme seems reasonable, I shall collect money at the April 22 meeting, or members may leave their contributions with Miss Tatnall. I shall then be in a position to make a final report to the May meeting on the yield of this particular tax system and to make any further recommendations which may be necessary.

Paul M. Sweezy

 

Source: Harvard University Archives, Department of Economics, Correspondence and Papers  (UAV 349.11), Box 10, Folder “Department Meeting Agenda”.

Image Source: Paul Sweezy from the Harvard Class Album 1942.

Categories
Harvard Teaching

Harvard. Graduate econometrics, first semester. Houthakker and Vanek, 1962

The transcription of the following partial (?) course syllabus was shared with Economics in the Rear-view Mirror by Vincent Carret, a doctoral candidate at Université Lumiere Lyon 2, Faculté des Sciences Économiques et de Gestion (FSEG). 

Perhaps there are others who would like to contribute to this project with the contribution of a transcription? If so, leave a comment below for me to get in touch with you.

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Course Announcement
1962-63

Economics 224a. Econometric Methods, I

Half course (fall term). W., F., 2-3:30. Professor [Hendrik] Houthakker and Assistant Professor [Jaroslav] Vanek.

An introduction to the use of multivariate statistical analyses in the study of economic behavior, with special emphasis on budgetary and other individual decision unit data.

Prerequisite: Economics 221[Quantitative Methods, II] or equivalent.

Source: Harvard University.  Courses of Instruction for Harvard and Radcliffe, Faculty of Arts and Sciences, 1962-1963, p. 105.

_____________________

Econometric Methods I
Economics 224a

Professors Houthakker and Vanek

Reading List #1                                                               Fall 1962

I. General References

Klein L., Introduction to Econometrics, (elementary)

Klein, L., A Textbook of Econometrics (advanced)

II. Household Consumption

Allen, R. G. D. and Bowley, A. L., Family Expenditures; a Study of its Variation, 1935

Prais, S. J. and Houthakker, H. S., The Analysis of Family Budgets, 1955

Houthakker, H. S., “An International Comparison of Household Expenditure Patterns….,” Econometrica, October 1957

Friedman, M., A Theory of the Consumption Function, 1957

Kuh, E. and Meyer, J., “How Extraneous are Extraneous Estimates?” Review of Economics and Statistics, November 1957

Kuh, E. and Meyer, J., “Correlation and Regression Estimates When the Data are Ratios,” Econometrica, April 1959

Kuh, E., “The Validity of Cross-Sectionally Estimating Behavior Equations in True Series Applications,” Econometrica, April 1959

Friend, I. and Jones, R., Study of Consumer Expenditures, Income and Saving, 1960

Volume 1

Houthakker, H., and Haldi, J. (p. 175)
Peters, W. S. (p. 247)

Volume 2

Modigliani, F. and Ando, As. (p. 49)
Watts, H. W. and Tobin, J., (p. 1)
Bodkin, R., (p. 175)
Miner, J., (p. 400)

Rosett, R., “Working Wives” Studies in Household Economic Behavior (by T. Dernburg and others — Yale U. P. 1958

Aitcheson, J. and Prais, S. J., “The Treatment of Grouped Observations” Review International Statistic Institute, 1954

IV.  (sic) Investment

Meyer, J. and Kuh, E., The Investment Decision, 1957

Eisner, R., Determinants of Capital Expenditure, 1956

V. Cost Functions

Johnston, J., Statistical Cost Analysis

VI. Survey Methods

Survey Research Center (University of Michigan) 1960 Survey of Consumer Finances

Tobin, J., “On the Predictive Value of Consumer Intentions & Attitudes,” Rev. Econ. & Stat. February 1959

National Bureau of Economic Research, Quality and Economic Significance of Anticipations Data

Source: Harvard University Archives. Syllabi, course outlines and reading lists in Economics, 1895-2003. Box 8, Folder “Economics, 1962-1963 (2 of 2)”.

Image Sources:

Hendrik Samuel Houthakker from website Find-A-Grave.

Jaroslav Vanek (1961 Fellow) from the John Simon Guggenheim Memorial Foundation website.

Categories
Bibliography Gender Harvard Socialism Suggested Reading

Harvard. Short Bibliography on Socialism and Family/Christian Ethics for “Serious-minded Students”, McConnell, 1910

 

The Ethics of Socialism is the nominal title of the brief 1910 bibliography provided by Harvard social ethics instructor Ray Madding McConnell  and transcribed below along with links to digital copies of the items found at archive.org and hathitrust.org. A more accurate title would be “Socialism and Family/Christian Ethical Doctrine”. Dr. McConnell died the year after this bibliography was published, so I have added a dash of biographical material since it is rather unlikely that Economics in the Rear-View Mirror will encounter him again.

In 1910 Harvard published a total of 43 of short bibliographies in the collection “Social Ethics and Allied Subjects”, about half of which were dedicated to particular topics in economics and economic sociology. The project was coordinated by Plummer Professor of Christian Morals, Francis G. Peabody.

Previously posted bibliographies from Peabody’s “Social Ethics and Allied Subjects”:

Economic Theory by Professor Frank Taussig

Taxation by Professor Charles J. Bullock

Trade Unionism by Professor William Z. Ripley

Social Insurance by Dr. Robert Franz Foerster

Economics of Socialism by Professor Thomas Nixon Carver

Strikes and Boycotts by Professor William Z. Ripley

_____________________________

From the Prefatory Note:

The present list represents an attempt to make this connection between the teaching of the University and a need of the modern world. Each compiler has had in mind, not a superficial reader, nor yet a learned scholar, but an intelligent and serious-minded student, who is willing to read substantial literature if it be commended to him as worth his while and is neither too voluminous nor too inaccessible. To such an inquirer each editor makes suggestions concerning the contents, spirit or doctrine of a book, not attempting a complete description or a final judgment, but as though answering the preliminary question of a student, “What kind of book is this?” The plan thus depends for its usefulness on the competency of the editors concerned, and each editor assumes responsibility for the section to which his name is prefixed.

Source: Prefatory Note by Francis G. Peabody. A Guide to Reading in Social Ethics and Allied Subjects, Lists of Books and Articles Selected and Described for the Use of General Readers. Cambridge, Mass.: Harvard University, 1910, p. vi.

_____________________________

The Short Life of Dr. Ray Madding McConnell (1875-1911)

Born: September 14, 1875. Union City, Tennessee.

Died: June 23, 1911. Cause of Death, Pneumonia—Septic, Tonsillitis. Contributory: Acute Rheumatic Fever. Somerville, Massachusetts. He was buried in Mount Auburn Cemetery, Cambridge, Massachusetts.

 

Ph.D. in Philosophy, 1908

Ray Madding McConnell, A.B. (Southern Univ.) 1899, S.T.B. (Vanderbilt Univ.) 1901, A.M. (Harvard Univ.) 1902.

Subject, Philosophy. Special Field, Ethics. Thesis, “The Ground of Moral Obligation.” Assistant in Social Ethics.

Source: Harvard University. Report of the President of Harvard University 1907-1908, p. 140.

 

Books

Ray Madding McConnell. The Duty of Altruism. New York: Macmillan, 1910.

________________. Criminal Responsibility and Social Constraint. New York: Charles Scribner’s Sons, 1912.

 

Obituary

Dr. RAY MADDING McCONNELL
Harvard Instructor in Social Ethics Had Made Long Study of Important Problems

Dr. Ray Madding McConnell long active in educational work, died early this morning at a private hospital in Cambridge [sic, the hospital was in Somerville]. Dr. McConnell who was a graduate of Harvard, class of 1802, was born in Tennessee in 1875, and had been since his college days a great student of sociological problems and recently instructor in social ethics at Harvard.

Dr. McConnell received numerous honorary degrees, including his A.B. from Southern University In Alabama, in 1899, his S.T.B. from Vanderbilt University in Tennessee in 1901, his A.M. from Harvard in 1901, and from that university his Ph. D. in 1908. He was a writer on the subject to which he had given so many years of earnest study and research, and last year his book on “The Duty of Altruism” was brought out and he had at this time another book in preparation, “Philosophy of Crime.” He had contributed frequently to the International Journal of Ethics, and at Harvard he had given courses of lectures on “Moral Obligations of the Modern State.”

Dr. McConnell was married, in 1807, to Miss Phoebe Estes Bedlow of Ithaca, N. Y. by whom he is survived, as well as by a young son, Frank McConnell.

Source: Boston Evening Transcript, 24 June 1911, page 14.

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IV.6. THE ETHICS OF SOCIALISM
RAY M. McCONNELL

I. SOCIALISM AND THE FAMILY

A. The Socialist Attitude

Upon questions of marriage and the family, individual socialists, like other people, have diverse opinions. It would of course be folly to try to saddle all socialism with the utterances of one or even of many socialists. The following references must be understood, therefore, not as indicative of the necessary attitude of socialists, but only as indicative of the proposals of those writers who do advocate socialization of the family.

Bebel, August. Woman in the past, present and future. Translated from the German by H. B. Adams Walther. London: William Reeves, 1894, pp. 264.

Perhaps the most important book on this subject. It is an exceedingly good exposition of socialism, both in the economic order and in the family. “The gratification of the sexual impulse is as strictly the personal affair of the individual as the gratification of every other natural instinct. No one has to give an account of him or her self, and no third person has the slightest right of intervention. Intelligence, culture and independence will direct and facilitate a right choice. Should in compatibility, disappointment and dislike ensue, morality demands the dissolution of a tie that has become unnatural and therefore immoral…. The state of society will have removed the many drawbacks and disturbing elements which influence the married life of to-day and so often prevent it from reaching its full development.”

Heinzen, Karl. The rights of women and the sexual relations. Chicago: Charles H. Kerr & Co., 1898, pp. xi, 385.

A most radical and thoroughgoing advocacy of liberty in the sexual relations and of the independence of woman. “The free common-sense conception of marriage, and with it also of divorce, is everywhere still suppressed by the theological conception of the relationship between man and woman. According to the theological conception, marriage is in itself a hallowed relationship, and this abstract relation in itself, not the real happiness and interest of those who constitute it, is the chief object. Marriage is to be upheld even if the married persons perish in it. Adherents of the official and theological morality will feel in duty bound to grow indignant over the claim that in reality there is no such thing as adultery.”

Carpenter, Edward. Love’s coming of age. A series of papers on the relations of the sexes. London: Swan, Sonnenschein & Co., 1903, pp. vi, 168.

A plea, beautiful in tone, for freedom in sex-relations. “The narrow physical passion of jealousy, the petty sense of private property in another person, social opinion, and legal enactments, have all converged to choke and suffocate wedded love in egoism, lust and meanness. The perfect union must have perfect freedom for its condition. Marriage must not be hampered by legal, conventional or economic considerations. Odious is the present law which binds people together for life, without scruple, and in the most artificial and ill-assorted unions. When mankind has solved the industrial problem so far that the products of our huge mechanical forces have become a common heritage, and no man or woman is the property slave of another, human unions will take place according to their own inner and true laws. The family will expand into the fraternity and communism of all society, losing its definition of outline, and merging with the larger social groups in which it is embedded.”

Wells, H. G. New worlds for old. New York: The Macmillan Company, 1908, pp. vii, 333.

Contains a good chapter on “Would socialism destroy the home ?” Shows the thorough failure of the present order to maintain home and social purity and to rear children. Advises strict state regulation of marriage. “Children must not be casually born; their parents must be known and worthy, that is to say, there must be deliberation in begetting children, marriage under conditions.”

Wells, H. G. A modern utopia. New York: Charles Scribner’s Sons, 1907, pp. xi, 392.

Contains a good chapter on “Women in a modern utopia.” “For the marriage contract the socialist state will define in the completest fashion what things a man or woman may be bound to do, and what they cannot be bound to do. Marriage is the union of a man and woman in a manner so intimate as to in volve the probability of offspring, and it is of primary importance to the state, first in order to secure good births, and secondly good home conditions, that these unions should not be free, nor promiscuous, nor practically universal throughout the adult population.”

Pearson, Karl. The ethic of freethought. A selection of essays and lectures. New York: The Macmillan Company, 1888, pp. 446. [Second edition, revised 1901]

The subject is well discussed in the two chapters, “The woman’s question” and “Socialism and sex.” “Such, then, seems to me the socialistic solution of the sex-problem: complete freedom in the sex-relationship left to the judgment and taste of an economically equal, physically trained and intellectually developed race of men and women; state interference if necessary in the matter of child-bearing, in order to preserve intersexual independence on the one hand, and the limit of efficient population on the other.”

Stetson, Charlotte Perkins. Women and economics. A study of the economic relation between men and women as a factor in social evolution. Boston: Small, Maynard & Co., 1898, pp. vii, 340.

Finds in the economic dependence of woman the cause of most of the evils of society. Sexuo-economic specialization has made of woman a slave, and this has reacted on man for ill. With the attainment of full economic independence by woman will come her freedom from domestic servility in its various forms.

Bax, Ernest Belfort. Outlooks from the new standpoint. London: Swan, Sonnenschein & Co., 1891, pp. x, 203. [Third edition, 1903]

“Many people take refuge in deliciously vague declamation on the nobility, on the loftiness, of the ideal which handcuffs one man and one woman together for life. We cannot see exactly where the nobility and the loftiness come in. The mere commonplace man, if left to himself, would probably think that it rested entirely upon circumstances, upon character, temperament, etc., whether the perpetual union of two persons was desirable. Socialism will strike at the root at once of compulsory monogamy and of prostitution by inaugurating an era of marriage based on free choice and intention, and characterized by the absence of external coercion. Monogamic marriage and prostitution are both based essentially on commercial considerations. The one is purchase, the other hire. The only really moral form of the marriage relation is based neither on sale nor hire.”

Bax, Ernest Belfort. Essays in socialism, new and old. London: E. Grant Richards, 1906, pp. x, 336.

Contains several able chapters on the woman question, very interesting on account of their strong denunciation of the common socialist espousal of the “Woman’s Rights” cause. Maintains that in nearly all matters there is a strong sex-prejudice against the man because he is man and in favor of the woman because she is woman. Woman is steeped in sex prerogative. Socialism demands relative economic and social equality between the sexes, but not female privilege and female domination, — the real demands of the clamorers for “Woman’s Rights.” After the class-struggle has passed away, the sex question will probably become more burning, and will be the first question that the socialist state will have to solve. “If social democrats allow themselves to be caught by the feminist fallacy, they are only injuring their own cause.”

B. Adverse Criticisms of the Socialist Attitude

The following books contain good chapters setting forth and criticising adversely socialists’ teachings concerning the family.

Barker, J. Ellis. British socialism. An examination of its doctrines, policy, aims and practical proposals. New York: Charles Scribner’s Sons, 1908, pp. vi, 522.
London Municipal Society. The case against socialism. A handbook for speakers and candidates. Second edition. London: George Allen & Sons, 1910, pp. vii, 537.
Goldstein, David. Socialism: the nation of fatherless children. Edited by Martha Moore Avery. Boston: The Union News League, 1903, pp. x, 374.

 

II. SOCIALISM AND RELIGION

A. Books maintaining that Socialism and Religion are essentially Hostile to Each Other

Hartman, Edward Randolph. Socialism versus Christianity. New York: Cochrane Publishing Company, 1909, pp. vi, 263.

A careful comparison of the principles and promises of socialism with the teachings of Scripture and the principles of Christianity. The author always sticks closely to his subject and accomplishes the thorough contrast which he set out to make. He maintains that in many essential matters socialism is diametrically opposed to the principles of Christianity.

Barker, J. Ellis. British socialism. An examination of its doctrines, policy, aims and practical proposals. New York: Charles Scribner’s Sons, 1908, pp. vi, 522.

Contains a chapter showing the hostility of socialism towards Christianity.

London Municipal Society. The case against socialism. A handbook for speakers and candidates. Second edition. London: George Allen & Sons, 1910, pp. vii, 537.

Contains a chapter giving quotations from many socialists to show their opposition to, and contempt for, religion and the church.

Flint, Robert. Socialism. Philadelphia: J. B. Lippincott & Co., 1895, pp. vii, 512.

Devotes a long and very able chapter to a consideration of socialism and religion. Gives a thorough exposition of the attitude of the socialist leaders towards religion, and maintains that socialism and Christianity are natural opponents.

Stang, William. Socialism and Christianity. New York: Benziger Brothers, 1905, pp. 207.

An able attack on socialism by a bishop of the Roman Catholic Church. Discusses the character and aims of socialism, advocates social reform but not socialism, and portrays the Catholic movement in behalf of social reform.

Ashton, John. Socialism and religion. (Tract No. 9 in Vol. LXVIII of the “Publications of the Catholic Truth Society”). London: Catholic Truth Society, 1908, pp. 32.

“The Catholic Church sees that socialism strikes at the roots of man’s moral freedom; that it dechristianizes the working man; that it would confiscate her churches and secularize her schools; that it would destroy the Christian family and substitute a materialistic philosophy for her doctrine of the supernatural.”

Goldstein, David. Socialism: the nation of fatherless children. Edited by Martha Moore Avery. Boston: The Union News League, 1903, pp. x, 374.

Maintains that atheism is not a mere personal opinion of some socialists, but the bed rock of socialist philosophy. The author has made a thorough canvass of socialist literature, and has brought together the socialist utterances that bear on religion. He maintains that atheistic forces take political form in socialism, and necessitate a closer association of those organizations which stand for the propagation and enforcement of religious law.

Hall, Thomas C. Socialism as a rival of organized Christianity. In The North American Review, Vol. CLXXVIII, June, 1904, pp. 915-926.

“Modern Protestantism is woefully ignorant of its most formidable rival. The Catholic Church has been painfully awakened in France, Belgium and Italy. Protestantism awaits its awakening.”

B. Christian Socialism

Kaufmann, Moritz. Christian socialism. London: Kegan Paul, Trench & Co., 1888, pp. xviii, 232.

A splendid discussion of Christian socialism in France, England and Germany. It desires to show that an intimate connection exists between socialism in the best sense of the word and Christian philanthropy. While maintaining that there is genuine kinship between Christianity and socialism, the author acknowledges certain lines of demarcation and devotes an interesting chapter to a consideration of “Unchristian Socialism.”

Stubbs, Charles William. Charles Kingsley and the Christian social movement. London: Blackie & Son, 1904, pp. viii, 199.

Gives a very interesting sketch of the early Christian socialist movement, in especial connection with the life of Kingsley, and shows the great influence of that theologian upon later developments of church life and thought.

Woodworth, Arthur V. Christian socialism in England. New York: Charles Scribner’s Sons, 1903, pp. viii, 208.

Traces the historical development of Christian socialism from its origin under Maurice and Kingsley to its present form in the Christian Social Union and shows the connection between the two. Contains a good bibliography of Christian socialism from earliest times to 1900.

Nitti, Francesco S. Catholic socialism. Translated from the second Italian edition by Mary Mackintosh. With an introduction by David G. Ritchie. New York: The Macmillan Company, 1908, pp. xx, 432.

A very learned statement of the theories of the Catholic socialists of Germany, Austria, Switzerland, France, Belgium, England, Spain, Italy and America. It shows how “Catholic socialism, while unlike the other systems of socialism it seeks to reform society in the name of God, does not on that account seek to modify it any the less profoundly.” The discussion is sympathetic yet impartial.

Campbell, R. J. Christianity and the social order. New York: The Macmillan Company, 1907, pp. xiii, 284.

The author believes that the socialist movement represents a return to the primitive Christian evangel, freed from its limitations and illusions, and is destined to rescue the true Christianity from ecclesiasticism in its various forms. The main purpose of the book is to show that the practical aims which primitive Christianity set out to realize are nearly identical with those of modern socialism.

Gladden, Washington. Christianity and socialism. New York: Eaton & Mains, 1905, pp. 244.

Aims to bring Christianity and socialism “into more intelligible and more friendly relations.”

Ward, William. Religion and labour. London: Edwin Dalton, 1907, pp. 188.

An able and interesting argument, based on Christianity, for nearly all the ends desired by the socialist.

Sprague, Philo W. Christian socialism. What and why. New York: E. P. Dutton & Co., 1891, pp. vi, 204.

Sets out to answer (1) what is socialism, (2) what are the causes of socialism, (3) what is the relation of Christianity to socialism, and (4) how can the great social and economic changes involved in socialism be gradually brought about by just and orderly methods.

Davidson, J. Morrison. The gospel of the poor. London: William Reeves, 1894, pp. viii, 162.

A powerful combination of scriptural quotations and economic statistics.

Publications of the Christian Social Union (formerly the Church Social Union). Boston: Office of the Secretary, The Diocesan House, 1 Joy Street.

Upwards of sixty pamphlets have been published. A good many of these are very valuable from the standpoint of Christian socialism. As among the best may be mentioned the following: [No. 26] “Christian Socialism,” by Frederick Denison Maurice; “The Church and Scientific Socialism,” by James T. Van Rensselaer; “The Christian Law,” by Brooke Foss Westcott; and [No. 30] “Christian Socialism and the Social Union,” by George Hodges.

 

Source: Teachers in Harvard University, A Guide to Reading in Social Ethics and Allied Subjects, Lists of Books and Articles Selected and Described for the Use of General Readers. Cambridge, Mass.: Harvard University, 1910, pp. 174-182.

Categories
Bibliography Fields Harvard

Harvard. Short Bibliography of Strikes and Boycotts for “Serious-minded Students”, Ripley, 1910

 

Strikes and Boycotts are the subjects  covered in the brief 1910 bibliography provided by Professor William Z. Ripley, and transcribed below along with links to digital copies of the items found at archive.org, hathitrust.org, as well as at other on-line archives.

In 1910 Harvard published 43 short bibliographies covering “Social Ethics and Allied Subjects”, about half of which were dedicated to particular topics in economics and economic sociology. The project was coordinated by Plummer Professor of Christian Morals, Francis G. Peabody.

Previously posted bibliographies from Peabody’s “Social Ethics and Allied Subjects”:

Economic Theory by Professor Frank Taussig

Taxation by Professor Charles J. Bullock

Trade Unionism by Professor William Z. Ripley

Social Insurance by Dr. Robert Franz Foerster

Economics of Socialism by Professor Thomas Nixon Carver

_____________________________

From the Prefatory Note:

The present list represents an attempt to make this connection between the teaching of the University and a need of the modern world. Each compiler has had in mind, not a superficial reader, nor yet a learned scholar, but an intelligent and serious-minded student, who is willing to read substantial literature if it be commended to him as worth his while and is neither too voluminous nor too inaccessible. To such an inquirer each editor makes suggestions concerning the contents, spirit or doctrine of a book, not attempting a complete description or a final judgment, but as though answering the preliminary question of a student, “What kind of book is this?” The plan thus depends for its usefulness on the competency of the editors concerned, and each editor assumes responsibility for the section to which his name is prefixed.

Source: Prefatory Note by Francis G. Peabody. A Guide to Reading in Social Ethics and Allied Subjects, Lists of Books and Articles Selected and Described for the Use of General Readers. Cambridge, Mass.: Harvard University, 1910, p. vi.

_____________________________

IV.8. STRIKES AND BOYCOTTS
WILLIAM Z. RIPLEY

Most of the general treatises on trades unions (q. v.) devote much attention to the subject of strikes. There are few books devoted solely to the subject. Among the best references, including some of those already in the list of references under Trade Unionism, are the following:

Adams, Thomas S., and Sumner, Helen L. Labor problems. New York: The Macmillan Company, 1905, pp. 175-212, with bibliographical notes.
Commons, John R., editor. Trade unionism and labor problems. Boston: Ginn & Company, 1905, pp. xiv, 628.
Gilman, Nicholas Paine. Methods of industrial peace. Boston: Houghton, Mifflin Company, 1904, pp. x, 436.
Nicholson, Joseph Shield. Strikes and social problems. London: A. & C. Black, 1896, pp. viii, 238.
Hall, Fred S. Sympathetic strikes and sympathetic lock-outs. Columbia University Studies in History, Economics and Public Law, 1898, pp. 118.

A valuable study of a perplexing sort of conflict. Also bibliography.

Howell, George. The conflicts of labor and capital. Second and revised edition. London: Macmillan & Co., 1890, pp. xxxvi, 536.
Adams, Thomas S. Violence in labor disputes. Publications of the American Economic Association (February), 1906, pp. 176-218.

Strike statistics are now compiled by all the leading countries of the world. The official reports are currently reported and reviewed in the Bulletins of the United States Bureau of Labor.
The best discussion of the facts is found in the following references:

Hanger, G. W. W. Strikes and lockouts in the United States, 1881-1900. Bulletin of the United States Bureau of Labor, No. 54.
Farnam, Henry W. The quantitative study of the labor movement. Publications of the American Economic Association (February), 1906, pp. 160-175.
Cross, Ira. Strike statistics. Publications of the American Statistical Association, No. 82, 1908, pp. 169-194.

The law relating to industrial conflicts is fully discussed in the “Final report of the United States Industrial Commission” (Washington, 1902). The development of the law of conspiracy is discussed in the “Johns Hopkins University Studies in Historical and Political Science” (1909). Other references will be found [in the other Ripley bibliography] under the legal aspects of Trade Unionism.

The use of injunctions in labor disputes is technically discussed in John R. Commons’ “Trade unionism and labor problems” (p. 156), with many further references. A special issue of the “Studies of the American Economic Association” in 1893 gives a fair account. Consult also the “Final report of the United States Industrial Commission” and the “Report of the Massachusetts Commission on Relations of Employer and Employed,” 1904, p. 58.

The illuminating Australian experience is best treated by Dr. Victor S. Clark in his “Labour Movement in Australasia” (New York, 1906); as also by D. Knoop, “Industrial conciliation and arbitration” (London, 1905).

Canadian experience under the new Industrial Disputes Act is described by Dr. Victor S. Clark in Bulletins Nos. 76 and 86, United States Bureau of Labor, 1908 and 1910; and by Dr. Adam Shortt in Publications of the American Economic Association, Proceedings of the Twenty-first Annual Meeting, 1908, pp. 158-177.

 

Source: Teachers in Harvard University, A Guide to Reading in Social Ethics and Allied Subjects, Lists of Books and Articles Selected and Described for the Use of General Readers. Cambridge, Mass.: Harvard University, 1910, pp. 186-187.

Image Source: Harvard University Archives. William Zebina Ripley [photographic portrait, ca. 1910], J. E. Purdy & Co., J. E. P. & C. (1910).

Categories
Bibliography Harvard Socialism Suggested Reading

Harvard. Short Bibliography of the Economics of Socialism for “Serious-minded Students”, Carver, 1910

 

In 1910 Harvard published 43 short bibliographies covering “Social Ethics and Allied Subjects”, about half of which were dedicated to particular topics in economics and economic sociology. The project was coordinated by Plummer Professor of Christian Morals, Francis G. Peabody.

The Economics of Socialism  is one such “allied subject” covered in the bibliography provided by Professor Thomas Nixon Carver, and transcribed below along with links to digital copies of the items found at archive.org, hathitrust.org, as well as at other on-line archives.

Previously posted bibliographies from “Social Ethics and Allied Subjects”:

Economic Theory by Professor Frank Taussig

Taxation by Professor Charles J. Bullock

Trade Unionism by Professor William Z. Ripley

Social Insurance by Dr. Robert Franz Foerster

_____________________________

From the Prefatory Note:

The present list represents an attempt to make this connection between the teaching of the University and a need of the modern world. Each compiler has had in mind, not a superficial reader, nor yet a learned scholar, but an intelligent and serious-minded student, who is willing to read substantial literature if it be commended to him as worth his while and is neither too voluminous nor too inaccessible. To such an inquirer each editor makes suggestions concerning the contents, spirit or doctrine of a book, not attempting a complete description or a final judgment, but as though answering the preliminary question of a student, “What kind of book is this?” The plan thus depends for its usefulness on the competency of the editors concerned, and each editor assumes responsibility for the section to which his name is prefixed.

Source: Prefatory Note by Francis G. Peabody. A Guide to Reading in Social Ethics and Allied Subjects, Lists of Books and Articles Selected and Described for the Use of General Readers. Cambridge, Mass.: Harvard University, 1910, p. vi.

_____________________________

IV.5. THE ECONOMICS OF SOCIALISM
THOMAS NIXON CARVER

I. UTOPIAS

Plato. The republic.

A dialogue on justice, in which the philosopher pictures an ideal state.

 

More, Sir Thomas. Utopia, 1516.

A description of an ideal commonwealth, supposed to have been discovered on the coast of South America by one of the followers of Americus Vespucius.

 

Bacon, Sir Francis. New Atlantis, 1629.

A fragment.

 

Campanella, Tommaso. The city of the sun, 1637.

A highly idealistic picture, sufficiently divorced from all appearances of reality to render it harmless.

 

Cabet, Étienne. Voyage en Icarie, 1840.

Of special interest to Americans because the author led a group of colonists to the United States and established there a communistic society, first at Nauvoo, Ill., and later at Icaria, near Corning, Ia.

 

Gronlund, Laurence. A coöperative commonwealth; an exposition of modern socialism. Fourth edition, London: Swan, Sonnenschein & Co., 1892, pp. 265. [First edition, 1884.]

The first of a large crop of recent utopian works.

 

Bellamy, Edward. Looking backward, 2000-1887. Boston: Houghton, Mifflin Company, 1888, pp. 470.

The most widely read in America of all the utopian works.

 

Morris, William. News from nowhere, or an epoch of rest; being some chapters from a utopian romance. London: Reeves & Turner, 1890, pp. 238.

Probably the most hopelessly idealistic of all such works.

 

Wells, Herbert George. A modern utopia. New York: Charles Scribner’s Sons, 1907, pp. xi, 393.

Probably the only utopian work since Plato’s “Republic” which frankly recognizes the population problem and tries to deal with it.

 

II. COMMUNISTIC EXPERIMENTS

Noyes, John H. History of American socialisms. Philadelphia: J. B. Lippincott & Co., 1870, pp. vi, 678.

The author was the founder of the Oneida community. He had put into his hands for editing and publication the manuscript of A. J. MacDonald, who had made a personal investigation of every communistic society then known to exist on American soil.

 

Nordhoff, Charles. The communistic societies of the United States from personal visit and observation; including detailed accounts of the Economists, Zoarites, Shakers, the Amana, Oneida, Bethel Aurora, Icarian and other existing societies, their religious creeds, social practices, numbers, industries and present conditions. New York: Harper & Brothers, 1875, pp. 439.

 

Hinds, William A. American communities. Revised edition. Chicago: Charles H. Kerr & Co., 1908, pp. 562.

The latest and most authentic account of all the known communistic societies in America.

 

Codman, John T. History of the Brook Farm; historic and personal memoirs. Boston: Arena Publishing Company, 1894, pp. viii, 335.

 

Shaw, Albert. Icaria. New York: G. P. Putnam’s Sons, 1884, pp. ix, 219.

Written before the break-up of the Icarian community, from personal investigation and inspection.

 

Landis, George B. The society of the Separatist of Zoar, annual report of the American Historical Association, 1898. Washington: Government Printing Office, 1899, pp. 163-221.

Written just before the disintegration of the Zoar society, from personal investigation and observation.

 

III. HISTORY OF SOCIALISTIC DOCTRINES

Ely, Richard T. French and German socialism. New York: Harper & Brothers, 1883, pp. 274.

The most readable account in English of the development of socialistic thought in continental Europe since the French revolution.

 

Rae, John. Contemporary socialism. Third enlarged edition. New York: Charles Scribner’s Sons, 1901, pp. 568.

This work brings the subject down to a later period than does Ely’s account. It is also a more voluminous treatment.

 

Peixotto, Jessica. The French revolution and modern French socialism. New York: T. Y. Crowell & Co., 1901, pp. XV, 409.

Perhaps the most discriminating comparison of the two schools of socialism in France, where the dominant school would scarcely be recognized as socialistic by American and German socialists.

 

Hillquit, Morris. History of socialism in the United States. New York: Funk & Wagnalls Co., 1903, pp. 371.

An exceedingly laudatory account, but instructive nevertheless.

 

Guthrie, William B. Socialism before the French revolution. New York: The Macmillan Company, 1907, pp. xviii, 339.

A review of socialistic thought from Thomas More to the radicals of the French revolution.

 

Stoddart, Jane T. The new socialism. New York: George H. Doran Company, 1910, pp. 271.

Rather discursive, but gives a good idea of the present tendency of socialistic thought.

 

IV. IN ADVOCACY OF SOCIALISM

Laveleye, Émile De. The socialism of to-day. Translated by Goddard H. Orpen. London: Field & Iver (1884), pp. viii, 331.

Includes under socialism a great deal which the Marxian socialist would reject.

 

Marx, Karl. Capital, a critical analysis of capitalist production. Translated by Samuel Moore and Edward Aveling. London: Swan, Sonnenschein & Co., 1889, pp. xxxi, 816.

The “bible of socialism.”

 

Marx, Karl, and Engels, Frederick. The communist manifesto. New York: Socialist Co-operative Publishing Association, 1901, pp. 46.

The beginning of the present type of socialist propaganda.

 

Shaw, G. Bernard, editor. Fabian essays in socialism. London: Walter Scott (1890), pp. 233.

A series of essays by such writers as G. Bernard Shaw, Annie Besant, Graham Wallas and others.

 

Engels, Frederick. Socialism, utopian and scientific. Translated by Edward Aveling. New York: Charles Scribner’s Sons, 1892, pp. xxxix, 117.

By scientific socialism is meant the socialism of Karl Marx and his followers.

 

Bernstein, Edward. Ferdinand Lassalle. Translated by Eleanor Marx Aveling. New York: Charles Scribner’s Sons, 1893, pp. xiv, 192.

The author is the leader of the “higher critics” of the socialist school in Germany, which rejects much of the Marxian theory, while adhering to the social democratic program.

 

Bliss, W. D. P. A handbook of socialism. New York: Charles Scribner’s Sons, 1895, pp. viii, 291.

A collection of information about socialism. Apparently intended as a “campaign book” for socialist propagandists.

 

Hyndman, Henry M. The economics of socialism. Second edition. London, 1896, pp. 257.

An attempt to reconstruct the economic basis of socialism. The author’s economic theories are erroneous, but they illustrate very well the kind of reasoning upon which socialists base their claims.

 

Vandervelde, Émile. Collectivism and industrial evolution. Chicago: Charles H. Kerr & Co., 1904, pp. 199.

An excellent presentation, by a socialist of the more rational type, of the general theory of international socialism.

 

Spargo, John. Socialism. New York: The Macmillan Company, 1906, pp. xvi, 257.

Probably the most authoritative statement, in popular form, of the immediate aims of American socialism.

 

MacKaye, James. The economy of happiness. Boston: Little, Brown & Co., 1906, pp. xv, 533.

Probably the only socialistic work since Marx’ “Capital” which seriously tries to lay the foundations of socialism on the recognized principles of economics. As Marx tried to build on the economics of Ricardo, Mackaye tries to build on the economics of the modern school.

 

MacDonald, J. Ramsay. Socialism and government. London: T. C. and E. C. Jack, 1907, pp. vi, 107. [1909 Socialist Library: volume VIII(1) and volume VIII(2)]

Probably the best presentation of the actual working theory of Fabian or English socialism.

 

Wells, Herbert George New worlds for old. New York: The Macmillan Company, 1908, pp. vii, 333.

A daring and ingenious form of propagandism.

 

V. EXPOSITORY AND CRITICAL

Schäffle, Albert. The quintessence of socialism. Translated under supervision of Bernard Bosanquet. New: York: Charles Scribner’s Sons, 1902, pp. viii, 127.

Perhaps the most thorough-going criticism to be found, but not easy to read.

 

Schäffle, Albert. The impossibility of social democracy. New York: Charles Scribner’s Sons, 1892, pp. XX, 419.

This is a supplement to the “Quintessence of socialism.”

 

Ely, Richard T. Socialism: an examination of its nature, strength and weakness. New York: T. Y. Crowell & Co., 1894, pp. xiii, 449.

An eminently fair and sympathetic statement of the pros and cons.

 

Böhm-Bawerk, Eugen von. Karl Marx and the close of his system. Translated by H. M. Macdonald. New York: The Macmillan Company, 1898, pp. 221.

Shows very clearly that Marx built on an antiquated system of economics.

 

Gonner, Edward C. The socialist philosophy of Rodbertus. London: Macmillan & Co., 1899, pp. 234.

A sympathetic study, contrasting Rodbertus with Marx, to the advantage of the former.

 

Le Rossignol, James E. Orthodox socialism: a criticism. New York: T. Y. Crowell & Co., 1907, pp. vii, 147.

By “orthodox” socialism is meant the socialism of Karl Marx. The various tenets of the socialist creed are examined critically.

 

Source: Teachers in Harvard University, A Guide to Reading in Social Ethics and Allied Subjects, Lists of Books and Articles Selected and Described for the Use of General Readers. Cambridge, Mass.: Harvard University, 1910, pp. 167-173.

Image Source: Thomas Nixon Carver in the Harvard Class Album 1915.

Categories
Bibliography Harvard Policy Suggested Reading

Harvard. Short Bibliography of Social Insurance for “Serious-minded Students”, Foerster, 1910

 

In 1910 Harvard published 43 short bibliographies covering “Social Ethics and Allied Subjects”, about half of which were dedicated to particular topics in economics and economic sociology. The project was coordinated by Plummer Professor of Christian Morals, Francis G. Peabody.

Social Insurance  is one such “allied subject” covered in the bibliography provided by Dr. Robert Franz Foerster, instructor in social ethics who had recently been awarded his Harvard economics Ph.D., and transcribed below along with links to digital copies of the items found at archive.org, hathitrust.org, as well as at other on-line archives.

Previously posted bibliographies from “Social Ethics and Allied Subjects”:

Economic Theory by Professor Frank Taussig

Taxation by Professor Charles J. Bullock

Trade Unionism by Professor William Z. Ripley

_____________________________

From the Prefatory Note:

The present list represents an attempt to make this connection between the teaching of the University and a need of the modern world. Each compiler has had in mind, not a superficial reader, nor yet a learned scholar, but an intelligent and serious-minded student, who is willing to read substantial literature if it be commended to him as worth his while and is neither too voluminous nor too inaccessible. To such an inquirer each editor makes suggestions concerning the contents, spirit or doctrine of a book, not attempting a complete description or a final judgment, but as though answering the preliminary question of a student, “What kind of book is this?” The plan thus depends for its usefulness on the competency of the editors concerned, and each editor assumes responsibility for the section to which his name is prefixed.

Source: Prefatory Note by Francis G. Peabody. A Guide to Reading in Social Ethics and Allied Subjects, Lists of Books and Articles Selected and Described for the Use of General Readers. Cambridge, Mass.: Harvard University, 1910, p. vi.

_____________________________

IV.13. SOCIAL INSURANCE
ROBERT F. FOERSTER

[Note: items in square brackets have been added
by the curator of Economics in the Rear-view Mirror]

In this section are comprised works upon those measures, usually public but not always technically insurance, which aim to protect the working classes from the economic consequences of sickness, accident, invalidity and old age. Ways of meeting the problem of unemployment, though in part logically finding a place here, are for special reasons treated in a separate section. The importance, in this connection, of such titles described under Thrift Institutions as Henderson’s “Industrial insurance in the United States” and the report by the United States Commissioner of Labor on “Workmen’s insurance and benefit funds in the United States” is obvious.

 

I. GENERAL

United States Library of Congress. Select list of references on workingmen’s insurance. Washington: Government Printing Office, 1908, pp. 28.

A helpful compilation.

 

Zacher, Georg, editor. Die Arbeiterversicherung im Auslande. Berlin: A. Troschel, 1898 –.

This, the most valuable work of reference on social insurance, is a collection of historical and descriptive monographs for all important countries, except Germany, published at intervals since 1898. Each volume discusses the results of laws, contains a special bibliography, and prints the texts of laws both in the original language and in German. As significant changes have occurred, supplementary volumes have been added.

[Erster Band (1900). Heft 1-12: Dänemark, Schweden, Norwegen, Frankreich, England, Italien, Oesterreich, Ungarn, Russland, Finland, Schweiz, Belgien.]

[Heft XVII. Charles Richmond Henderson, Die Arbeiterversicherung in den Vereinigten Staaten von Nord-Amerika (1907)]

 

Bellom, Maurice. Les lois d’assurance ouvrière à l’étranger. 10 vols. Paris: Arthur Rousseau, 1892-1909.

A compilation second in importance only to Zacher, but different in procedure and omitting France. Like Zacher, it supplies historical and descriptive matter and texts, but instead of treating each country independently, it discusses, in one volume, sickness insurance; in six, accident insurance; in two, invalidity and old-age insurance; and in a supplementary volume, published four years after its predecessor, describes recent changes and additions.

[I. Assurance contre maladie (1892)]

[II. Assurance contre les accidents: 1ème parti (1895); 2ème partie (1896); 3ème partie (1900); 4ème partie (1901); 5ème partie (1903)]

[III. Assurance contre l’invalidité, 1ère partie (1905)]

 

Congrès Internationaux [des Accidents du Travail et] des Assurances Sociales. Publications. Paris: 1890.

The international congress has usually been held triennially, since 1889, and its proceedings, including many important papers, have been published in French and German.

[Paris (1889) Volume I; Volume II; Berne (1891); Milan (1894) Volume I, Volume II; Bruxelles (1897); Paris (1900), Volume I; Düsseldorf (1902); Vienne (1905), Volume I, Volume II; Rome (1908); Washington (1915)]

The quarterly Bulletin of the Congress, published by the Comité Permanent (Paris: Arthur Rousseau), is the best current source of information on all branches of social insurance. It includes texts of bills and laws, and able discussions.

 

Willoughby, William Franklin. Workingmen’s insurance. New York: T. Y. Crowell & Co., 1898, pp. xii, 386.

This volume, dealing mainly with European plans, can still, despite the great extension of insurance since its appearance, reliably be used for an understanding of the earlier developments.

 

United States. Fourth Special Report of the Commissioner of Labor. Compulsory insurance in Germany. Prepared by John Graham Brooks. Washington: Government Printing Office, 1893, pp. 370. [Revised Edition, 1895]

Although important amendments have been enacted and fresh experience gained since this volume was written, it is still one of the most useful accounts in English of the origin, nature and problems of social insurance in Germany.

 

Lass, Ludwig, and Zahn, Friedrich. Einrichtung und Wirkung der deutschen Arbeiterversicherung. Dritte Ausgabe. Berlin: A. Asher, 1904, ix, 274 S.

Probably the best non-technical exposition of the nature, operation and effects of the German insurance plan. Though the work is semi-official, and its tone laudatory and defensive, the arguments are skillfully chosen, well put and persuasive.

 

Pinkus, N. Workmen’s insurance in Germany. Yale Review, February, 1904, pp. 372-389; May, 1904, pp. 72-97; November, 1904, pp. 296-323; February, 1905, pp. 418-434.

Discusses the principles and effects of German insurance.

 

Farnam, Henry W. The psychology of German workmen’s insurance. Yale Review, May, 1904, pp. 98-113; February, 1905, pp. 435-438.

Argues that insurance has not made the workman better disposed to state or employer and has reduced his self-reliance.

 

Taussig, F. W. Workmen’s insurance in Germany: some illustrative figures. Quarterly Journal of Economics, November, 1909, pp. 191-194.

Measures the employers’ burden.

 

Seager, Henry Rogers. Social insurance: A program of social reform. New York: The Macmillan Company, 1910, pp. v, 175.

An attractive statement, in simple terms, of the principles of social insurance, with special reference to American needs.

 

Lewis, Frank. State insurance. Boston: Houghton, Mifflin Company, 1909, pp. 233.

An argument for compulsory insurance; good in its exposition of the German plan, questionable in its economic logic.

 

Kennedy, James B. Beneficiary features of American trade unions. Baltimore: The Johns Hopkins Press, 1908, pp. 128.

A concise study, based on original sources. Only national and international unions are considered.

 

Weyl, Walter E. Benefit features of British trade unions. United States Bureau of Labor, Bulletin No. 64, May, 1906, pp. 699-848.

A history and description, with statistical results.

 

II. INDUSTRIAL ACCIDENTS AND DISEASE

Hoffman, Frederick L. Industrial accidents. United States Bureau of Labor, Bulletin No. 78, September, 1908, pp. 417-465.

Discusses the frequency of accidents in the more dangerous occupations.

 

Oliver, Thomas, editor. Dangerous trades. New York: E. P. Dutton & Co., 1902, pp. xxiii, 891.

Probably the best available volume in its field. The sixty chapters deal more generally with disease than accidents. Of a more popular character is the author’s later volume on “Diseases of occupations” (London: Methuen & Co., 1908, pp. vi, 427).

 

Andrews, John B. Phosphorus poisoning in the match industry of the United States. United States Bureau of Labor, Bulletin No. 86, January, 1910, pp. 31-146.

 

Sommerfeld, Th., and others. List of industrial poisons. United States Bureau of Labor, Bulletin No. 86, January, 1910, pp. 147-168.

Two good additions to the literature on industrial disease.

 

Foreign Workmen’s Compensation Acts, Summary of. United States Bureau of Labor, Bulletin No. 74, January, 1908, pp. 121-143.

A compendious, classified statement of the enactments of twenty-two countries, convenient at once for a rapid view of the legislation of one country and for international comparison.

 

McKitrick, Reuben. Accident insurance for workingmen (Comparative Legislation Bulletin No. 20). Madison: Wisconsin Library Commission, 1909, pp. 70.

The legal and financial principles of various forms of accident insurance clearly explained.

 

Aronson, V. R. The Workmen’s Compensation Act, 1906. London: T. Fisher Unwin, 1909, pp. 559.

“The object of this book is to present a complete view of the law of workmen’s compensation as contained in the Act of 1906, and in the decisions of the English and Scotch courts both prior and subsequent to that act” (preface, page 5). In this aim the book admirably succeeds; it is thorough, clear and, in its comparisons with the older acts, highly instructive.

 

Parker, Launcelot. The British Workmen’s Compensation Acts. United States Bureau of Labor, Bulletin No. 70, May, 1907, pp. 579-638.

A history of previous acts and an exposition, with the text, of the Act of 1906.

 

Clark, Lindley D. The legal liability of employers for injuries to their employees in the United States. United States Bureau of Labor, Bulletin No. 74, January, 1908, pp. 1-120.

An excellent statement of the American law.

 

Eastman, Crystal. Work-accidents and the law. (The Pittsburgh Survey.) New York: Charities Publication Committee, pp. xvi, 345.

An important study, by the secretary of the New York State Employers’ Liability Commission, of the causes of industrial accident in the Pittsburgh district, the operation of present liability laws, and the best method of reform. There are interesting appendices.

 

New York. Commission on employers’ liability. First report, March 19, 1910. Albany, 1910, pp. v, 271.

An able preliminary discussion of present difficulties and of remedies.

 

Wisconsin. Bureau of Labor and Industrial Statistics. Thirteenth biennial report. Part I: Industrial accidents and employer’s liability in Wisconsin. Madison, 1909, pp. 1-143. Fourteenth biennial report. Part II: Industrial accidents in Wisconsin. Madison, 1909, pp. 69-142.

These reports discuss conditions in Wisconsin, and foreign and American remedies, tried and proposed.

 

The State Coöperative Accident Insurance Fund of Maryland. United States Bureau of Labor, Bulletin No. 57, March, 1905, pp. 645-648.

History of an ill-conceived and ephemeral, but not uninstructive, American plan of state insurance. The text of the law appeared in Bulletin No. 45, pp. 406-408; the grounds of its unconstitutionality are set forth in Bulletin No. 57, pp. 689, 690.

 

III. INVALIDITY AND OLD AGE

Massachusetts. Report of the Commission on Old Age Pensions, Annuities and Insurance. Boston, 1910, pp. 409.

A comprehensive survey of existing systems, public and private, national and local. Issues are discussed with special reference to an American community; and a conclusion adverse to the institution of a state scheme for Massachusetts is reached.

 

Brandeis, Louis D. Massachusetts savings-bank insurance and pension system. Quarterly Publications of the American Statistical Association, March, 1909, pp. 409-416.

A brief exposition of an interesting voluntary scheme.

 

Sutherland, William. Old age pensions. London: Methuen & Co., 1907, pp. x, 227.

A concise critical description of the various plans proposed in England before the act of 1908, and a thoughtful discussion of the factors of the pension problem. In an appendix are reviewed the chief foreign systems. The book serves incidentally as a guide to the important Parliamentary papers on the subject.

 

Old Age Pensions: A collection of short papers. New York: The Macmillan Company, 1903, pp. 247.

Many of the articles are of general significance and are written by eminent students.

 

Source: Teachers in Harvard University, A Guide to Reading in Social Ethics and Allied Subjects, Lists of Books and Articles Selected and Described for the Use of General Readers. Cambridge, Mass.: Harvard University, 1910, pp. 203-209.

Image Source: Assistant Professor of Social Ethics, Robert Franz Foerster in Harvard Album 1920.

Categories
Bibliography Fields Harvard Suggested Reading

Harvard. Short Bibliography of Trade Unionism for “Serious-minded Students”, Ripley, 1910

 

 

In 1910 Harvard published 43 short bibliographies covering “Social Ethics and Allied Subjects”, about half of which were dedicated to particular topics in economics and economic sociology. The project was coordinated by Plummer Professor of Christian Morals, Francis G. Peabody.

Trade Unionism is the “allied subject” covered in the bibliography provided by Professor William Z. Ripley and transcribed below along with links to digital copies of the items found at archive.org, hathitrust.org, as well as at other on-line archives.

Previously posted bibliographies from “Social Ethics and Allied Subjects”:

Economic Theory by Professor Frank Taussig.

Taxation by Professor Charles J. Bullock.

_____________________________

From the Prefatory Note:

The present list represents an attempt to make this connection between the teaching of the University and a need of the modern world. Each compiler has had in mind, not a superficial reader, nor yet a learned scholar, but an intelligent and serious-minded student, who is willing to read substantial literature if it be commended to him as worth his while and is neither too voluminous nor too inaccessible. To such an inquirer each editor makes suggestions concerning the contents, spirit or doctrine of a book, not attempting a complete description or a final judgment, but as though answering the preliminary question of a student, “What kind of book is this?” The plan thus depends for its usefulness on the competency of the editors concerned, and each editor assumes responsibility for the section to which his name is prefixed.

Source: Prefatory Note by Francis G. Peabody. A Guide to Reading in Social Ethics and Allied Subjects, Lists of Books and Articles Selected and Described for the Use of General Readers. Cambridge, Mass.: Harvard University, 1910, p. vi.

_____________________________

IV.7. TRADE UNIONISM
WILLIAM Z. RIPLEY

Webb, Sidney and Beatrice. Industrial democracy. New edition in one volume. New York: Longmans, Green & Co., 1902, pp. lxii, 929.

The most elaborate and comprehensive treatise on the subject, sympathetic and yet well reasoned. Contains no descriptive matter of American conditions.

 

Webb, Sidney and Beatrice. History of trade unionism. New edition. New York: Longmans, Green & Co., 1902, pp. xxxiv, 558.

The best account of the struggle of the working classes for industrial rights. Confined to English experience.

 

Commons, John R., editor. Trade unionism and labor problems. Boston: Ginn & Company, 1905, pp. xiv, 628.

A collection of the most authoritative articles by specialists on every phase of the matter. Liberal and progressive in point of view.

 

Adams, Thomas S., and Sumner, Helen L. Labor problems. New York: The Macmillan Company, 1905, pp. xv, 579.

A convenient summary and text-book, with good bibliographical notes and references for further reading. Sympathetic and judicial in tone.

 

Ely, Richard T. The labor movement in America. New York: The Macmillan Company, 1905, pp. xvi, 399.

 

Reports of the United States Industrial Commission. Washington: Government Printing Office, 1900-02.

In Volumes XIV [Capital and Labor Employed in Manufactures and General Business], XV [Immigration and Education], XVII [Labor Organizations, Labor Disputes, and Arbitration and on Railroad Labor] and XIX [Final Report] will be found the largest collection of original material ever made in America. The testimony of workmen and employers is critically summarized in the “Final Report” in Volume XIX. This report in itself is a comprehensive and fair treatise on the subject. In Volume XVII the history of American unionism is fully set forth.

 

Johns Hopkins University Studies in Historical and Political Science. Baltimore: Johns Hopkins University Press, 1906—.

A series of monographs by specialists affords the most reliable account of various phases of the movement. Among these papers especially valuable are: J. B. Kennedy’s “The beneficiary features of American trades unions” (November — December, 1908), and A. M. [Aaron Morton] Sakolski’s “The finances of American trades unions” (March — April, 1906).

______________

The legal aspects of trade unionism are discussed in the “Reports of the United States Industrial Commission” [e.g. Volume V Labor Legislation] and in the following special articles:

Seager, Henry R. The legal status of trade unionism in the United Kingdom, with conclusions applicable to the United States. Political Science Quarterly, Vol. XXII, 1907, pp. 611-629.

Wyman, Bruce. The maintenance of the open shop. The Green Bag (January), 1905, pp. 21-29.

Clark, Lindley D. The present legal status of organized labor in the United States. Journal of Political Economy, Chicago (March), 1905, pp. 173-200.

Collective bargaining is best treated technically in the “Reports of the United States Industrial Commission,” and in the following monographs:

Hilbert, F. W. Trade agreements in the United States. [sic, probably Trade-Union Agreements in the Iron Molders’ Union] Baltimore: Johns Hopkins University Press, 1906. [Note: Frederick William Hilbert died February 17, 1906.]

Schaffner, Margaret A. The labor contract from industrial to collective bargaining. Bulletin of the University of Wisconsin, No. 182 (December), 1907, pp. 182.

Ashley, Wm. James. The adjustment of wages. New York: Longmans, Green & Co., 1903, pp. 362.

 

The policy of trade unions respecting restriction of output is admirably described with a wealth of material from England and the United States in the “Eleventh special report of the United States Bureau of Labor” (Washington, 1904).

Statistics of the growth of trades unionism all over the world are currently published by the New York State Bureau of Labor. The results are summarized by W. Z. Ripley in the World’s Work for November, 1903, and brought down to date in the Quarterly Journal of Economics, May, 1910.

 

Source: Teachers in Harvard University, A Guide to Reading in Social Ethics and Allied Subjects, Lists of Books and Articles Selected and Described for the Use of General Readers. Cambridge, Mass.: Harvard University, 1910, pp. 183-185.

Image Source: Harvard University Archives. William Zebina Ripley [photographic portrait, ca. 1910], J. E. Purdy & Co., J. E. P. & C. (1910). .

 

 

 

Categories
Bibliography Fields Harvard Suggested Reading

Harvard. Short Bibliography of Taxation for “Serious-minded Students”, Bullock, 1910

 

 

In 1910 Harvard published 43 short bibliographies covering “Social Ethics and Allied Subjects”, about half of which were dedicated to particular topics in economics and economic sociology. The project was coordinated by Plummer Professor of Christian Morals, Francis G. Peabody.

Taxation is the “allied subject” covered in the bibliography provided by Professor Charles J. Bullock and transcribed below along with links to digital copies of the items found at archive.org, hathitrust.org, as well as at other on-line archives.

Previously posted bibliographies from “Social Ethics and Allied Subjects”:

Economic Theory by Professor Frank Taussig.

_____________________________

From the Prefatory Note:

The present list represents an attempt to make this connection between the teaching of the University and a need of the modern world. Each compiler has had in mind, not a superficial reader, nor yet a learned scholar, but an intelligent and serious-minded student, who is willing to read substantial literature if it be commended to him as worth his while and is neither too voluminous nor too inaccessible. To such an inquirer each editor makes suggestions concerning the contents, spirit or doctrine of a book, not attempting a complete description or a final judgment, but as though answering the preliminary question of a student, “What kind of book is this?” The plan thus depends for its usefulness on the competency of the editors concerned, and each editor assumes responsibility for the section to which his name is prefixed.

Source: Prefatory Note by Francis G. Peabody. A Guide to Reading in Social Ethics and Allied Subjects, Lists of Books and Articles Selected and Described for the Use of General Readers. Cambridge, Mass.: Harvard University, 1910, p. vi.

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II. 3. TAXATION
Charles J. Bullock

Adams, Henry Carter.The science of finance. New York: Henry Holt & Co., 1889, pp. xiii, 573.

Treats of the principles of taxation and of national and local taxation in the United States.

 

Addresses and Proceedings of the Annual Conferences of the International Tax Association. [Conferences on State and Local Taxation. TheAssociation changed name from “National Tax Association” to “International Tax Association” in 1907.]

The International Tax Association, Columbus, Ohio. Valuable collections of papers by recognized experts on current problems in American taxation.

[First National Conference (1907); Second International Conference (1908); Third International Conference (1909); Fourth International Conference (1910)]

 

Bastable, Charles Francis. Public finance. Third revised edition. New York: The Macmillan Company, 1903, pp. xxiv, 780.

Particularly valuable for its treatment of European tax systems and useful for its discussion of the principles of taxation.

 

Bullock, Charles J., editor. Selected readings in public finance. Boston: Ginn & Company, 1906, pp. viii, 671. [Second edition, 1920]

Contains selections from a considerable number of works on finance and taxation.

 

Ely, Richard T., and Finley, J. H. Taxation in American states and cities. New York: T.Y. Crowell & Co., 1888, pp. XX, 544.

A pioneer work in American taxation, based upon the author’s investigations as member of the Maryland Tax Commission.

 

Fillebrown, Charles Bowdoin. The A B C of taxation. New York: Doubleday, Page & Co., 1909, pp. ix, 229.

A brief and interesting presentation of single-tax doctrine by a successful man of affairs.

 

Howe, Frederic C. Taxation and taxes in the United States under the internal revenue system. New York: T.Y. Crowell & Co., 1896, pp. xiv, 293.

A valuable history of the internal taxes levied by our federal government.

 

Means, David MacGregor. The methods of taxation. New York: Dodd, Mead & Co., 1909, pp. xi, 380.

Valuable on the critical rather than the constructive side.

 

Mill, John Stuart. Principles of political economy. London, 1848; [7th ed. of 1870] edited with an introduction by W. J. Ashley. New York: Longmans, Green & Co., 1909, pp. liii, 1013.

The chapters of the fifth book that deal with taxation are worthy of careful study.

 

Rowntree, Joseph, and Sherwell, Arthur. The taxation of the liquor trade. New York: The Macmillan Company, 1906, pp. xxii, 537. [Second edition, 1908]

Has special reference to English conditions, but treats of the taxation of the liquor trade in the United States.

 

Seligman, E. R. A. Essays in taxation. Third edition. New York: The Macmillan Company, 1900, pp. 434. [Ninth edition, 1921]

Contains important essays upon the general property tax, corporation taxes, the inheritance tax, betterment taxes, etc.

 

Seligman, E. R. A. Progressive taxation in theory and practice. Second revised edition. New York: The Macmillan Company, 1909, pp. v, 334.

A valuable critical survey of theories, ancient and modern; considers also the legislation of various countries.

 

Shearman, T. G. Natural taxation. New edition. New York: Doubleday, Page & Co., 1898, pp. 268. [Third edition, 1915]

An able and authoritative exposition of single-tax doctrine by a disciple of Henry George.

 

Smith, Adam. The wealth of nations. (1776.) Edited with notes by Edwin Cannan. 2 vols. New York: G. P. Putnam’s Sons, 1904, pp. xlviii, 462; vii, 506.

The second chapter of the fifth book of the “Wealth of Nations” should be read by every student of taxation.

 

Walker, Francis A. Double taxation in the United States. New York: The Columbia University Press, 1895, pp. 132.

A careful study of a vexed problem of great importance in the United States.

 

Wells, David A. The theory and practice of taxation. New York: D. Appleton & Co., 1900, pp. 648.

Important for its discussion of federal taxation and the working of the general property tax in the United States.

 

West, Max. The inheritance tax. Second revised edition. New York: The Columbia University Press (The Macmillan Company, agents), 1908, pp. 249.

An exhaustive study of inheritance taxation in both its theoretical and practical aspects.

 

Weston, Stephen F. Principles of justice in taxation. New York: The Columbia University Press (The Macmillan Company, agents), 1903, pp. 299.

Useful for its discussion of the different theories of just taxation.

 

Source: Teachers in Harvard University, A Guide to Reading in Social Ethics and Allied Subjects, Lists of Books and Articles Selected and Described for the Use of General Readers. Cambridge, Mass.: Harvard University, 1910, pp. 54-56.

Image Source: Charles J. Bullock in Harvard Album 1915.

Categories
Bibliography Harvard

Harvard. Short Bibliography of Economic Theory for Serious-minded Students”, Taussig, 1910

 

In 1910 Harvard published 43 short bibliographies covering “Social Ethics and Allied Subjects”, about half of which were dedicated to particular topics in economics and economic sociology. The project was apparently coordinated by Plummer Professor of Christian Morals, Francis G. Peabody.

Over the coming weeks, Economics in the Rear-view Mirror will be providing transcriptions to some of these bibliographies along with many links to digital copies of the items found at archive.org, hathitrust.org, as well as at other on-line archives.

We begin with Professor Frank Taussig’s list of eighteen items that he selected for the Economic Theory bibliography, along with his brief comments.

_____________________________

From the Prefatory Note:

The present list represents an attempt to make this connection between the teaching of the University and a need of the modern world. Each compiler has had in mind, not a superficial reader, nor yet a learned scholar, but an intelligent and serious-minded student, who is willing to read substantial literature if it be commended to him as worth his while and is neither too voluminous nor too inaccessible. To such an inquirer each editor makes suggestions concerning the contents, spirit or doctrine of a book, not attempting a complete description or a final judgment, but as though answering the preliminary question of a student, “What kind of book is this?” The plan thus depends for its usefulness on the competency of the editors concerned, and each editor assumes responsibility for the section to which his name is prefixed.

Source: Prefatory Note by Francis G. Peabody. A Guide to Reading in Social Ethics and Allied Subjects, Lists of Books and Articles Selected and Described for the Use of General Readers. Cambridge, Mass.: Harvard University, 1910, p. vi.

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2. ECONOMIC THEORY
F. W. TAUSSIG

Smith, Adam. An inquiry into the nature and causes of the wealth of nations. (1776.) Edited, with an introduction, notes, marginal summary and an enlarged index, by Edwin Cannan. 2 vols. New York: G. P. Putnam’s Sons, 1904; (Harvard Classics, edited by C. W. Eliot) edited by C. J. Bullock, with introductory notes and illustrations. New York: P. F. Collier & Son, 1909, pp. 590.

Adam Smith’s book is a landmark in the history of thought, and justly entitled a classic. But it is not to be read as the one book on economics, if one only can be read; nor is it usually the best book to begin with. Parts are antiquated, parts to be understood only with knowledge of Adam Smith’s times. Yet in attractiveness of style, wealth of matter, epoch-making significance, its equal has not been written.

 

Mill, John Stuart. Principles of political economy, with some of their applications to social philosophy. (1848.) Edited, with an introduction by W. J. Ashley. London, New York, etc.: Longmans, Green & Co., 1909, pp. liii, 1013.

A classic, like Adam Smith’s “Wealth of Nations”; like that, superseded in parts, yet a noble book, with dignity of style and large views, addressed to the mature, warm in its social sympathies, severe in its reasoning; a good book to begin with, though to be supplemented with others more modern.

 

Marshall, Alfred. Principles of economics. Vol. I. Fifth edition. New York: The Macmillan Company, 1907, pp. xxxvi, 807. [Eighth edition, 1920]

Probably the most important book on economic theory published in English since J. S. Mill’s “Principles”; able, penetrating, stimulating. It is not easy reading, but repays careful study. The whole subject of economics is not covered; chiefly Value and Distribution, the parts of economic theory having most bearing on social questions.

 

Clark, John Bates. The distribution of wealth; a theory of wages, interest and profit. New York: The Macmillan Company, 1899, pp. xxviii, 445.

A brilliant volume by an American scholar, abstract in character, setting forth in attractive style a theory of distribution according to the specific product of each of the factors in production. Its conclusions have been disputed, but the originality and interest of the reasoning are not to be denied.

 

Carver, Thomas Nixon. The distribution of wealth. New York: The Macmillan Company, 1904, pp. xvi, 290.

A compact, clear, able statement of modern doctrines, with an introductory chapter on the principles of value.

 

Böhm-Bawerk, Eugen von. The positive theory of capital. Translated with a preface and analysis by William Smart. London and New York: Macmillan & Co., 1891, pp. xi, 428.

A book of the first importance, the starting point for the modern discussion of capital and interest; covering also the so called “Austrian” theory of value. The exposition is deliberate and full; the reasoning not always easy to follow, but always deserving careful study.

 

Fisher, Irving. The nature of capital and income. New York: The Macmillan Company, 1906, pp. xxi, 427.
Fisher, Irving. The rate of interest; its nature, determination, and relation to economic phenomena. New York: The Macmillan Company, 1907, pp. xxii, 442.

These two volumes present theories in some respects novel, but consistently maintained throughout. The first gives the author’s conception of capital and income; the second, his analysis of the causes determining the rate of interest. They form a good supplement to Böhm-Bawerk’s “Positive Theory.” Like that, they test the reader’s attention and powers of reasoning.

 

Schmoller, Gustav. Grundriss der allgemeinen Volkswirtschaftslehre. 2 Teile. Leipzig, 1900–04 [Erster, größerer Teil, 1900; Zweiter Teil, 1904]; Fr. par G. Platon. 5 vols. Paris: Giard et Brière, 1905-08 [Tome 1; Tome 2; Tome 3; Tome 4; Tome 5].

A remarkable survey of economics from the historical point of view; encyclopedic in its range, with admirable sketches of the great lines of industrial development and of present conditions, and broad-minded discussion of current social and economic problems.

 

Landry, Adolphe. Manuel d’économique, à l’usage des facultés de droit. Paris: Giard et Brière, 1908, pp. 889.

A recent French manual, clearly written, ably thought out, a good representative of modern thought.

 

Philippovich, E. von. Grundriss der politischen Oekonomie. 2 Bde. Tübingen: J. C. B. Mohr, 1906; 1 Bd., 8 rev. Aufl., 1909; 2 Bde., 4 rev. Aufl., 1908.  [2. Band, 1. Teil, 6. Rev. Aufl.]

A German treatise, much used, of the kind meant for university students, covering the whole subject, eclectic in its views and mode of treatment.

 

Seager, Henry Rogers. Introduction to economics. New York: Henry Holt & Co., 1904, pp. xxi, 565.
Ely, Richard T. Outlines of economics. Revised and enlarged by the author and T. S. Adams, M. O. Lorenz and A. A. Young. New York: The Macmillan Company, 1908, pp. xii, 700.
Seligman, E. R. A. Principles of economics, with special reference to American conditions. New York: Longmans, Green & Co., 1905, pp. xlvi, 613.

These three are modern text-books, addressed to persons of the grade of college students, with special regard to American conditions. The two mentioned first are clearer and better reasoned than the third, which, however, contains a mass of information and has full and well-chosen lists of references.

 

Bullock, Charles J. Introduction to the study of economics. Third edition, revised and enlarged. New York, Boston, etc.: Silver, Burdett & Co., 1908, pp. 619.
Ely, Richard T., and Wicker, G. R. Elementary principles of economics, together with a short sketch of economic history. New York: The Macmillan Company, 1905, pp. xi, 338.
Johnson, A. S. Introduction to economics. Boston: D. C. Heath & Co., 1909, pp. xii, 404.

These are shorter text-books, of a somewhat more elementary character than the three mentioned before. They have the apparatus of questions expected in a high-school text-book, as well as references and brief bibliographies. The first two are more concrete and informational; the third (Johnson’s) is more abstract and general, but not less satisfactory in its mode of exposition.

 

Marshall, Alfred. Elements of economics of industry, being the first volume of elements of economics. London: Macmillan & Co., 1892; third edition, ibid., 1899.

This gives a condensed statement of the doctrines of the same author’s larger book (see above), arranged with a view to use by students. It does not cover the whole subject, but only the range of topics treated in the larger book.

Source: Teachers in Harvard University, A Guide to Reading in Social Ethics and Allied Subjects, Lists of Books and Articles Selected and Described for the Use of General Readers. Cambridge, Mass.: Harvard University, 1910, pp. 6-9.

Image Source: Frank Taussig in Harvard Album 1915.