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Berkeley Brown Carnegie Institute of Technology Carnegie Mellon Chicago Columbia Cornell Duke Economics Programs Harvard Illinois Indiana Iowa Johns Hopkins Kansas M.I.T. Michigan Michigan State Minnesota North Carolina Northwestern NYU Ohio State Pennsylvania Princeton Purdue Rochester Stanford Texas UCLA UWash Vanderbilt Virginia Virginia Tech Washington University Wisconsin Yale

U.S. Economics Graduate Programs Ranked, 1957, 1964 and 1969

Recalling my active days in the rat race of academia, a cold shiver runs down my spine at the thought of departmental rankings in the hands of a Dean contemplating budgeting and merit raise pools or second-guessing departmental hiring decisions. 

But let a half-century go by and now, reborn as a historian of economics, I appreciate having the aggregated opinions of yore to constrain our interpretive structures of what mattered when to whomever. 

Research tip: sign up for a free account at archive.org to be able to borrow items still subject to copyright protection for an hour at a time. Sort of like being in the old reserve book room of your brick-and-mortar college library. This is needed if you wish to use the links for the Keniston, Carter, and Roose/Andersen publications linked in this post.

___________________________

1925 Rankings

R. M. Hughes. A Study of the Graduate Schools of America (Presented before the Association of American Colleges, January, 1925). Published by Miami University at Oxford, Ohio. (See earlier post that provides the economics ranking from the Hughes’ study)

1957 Rankings

Hayward Keniston. Graduate Study and Research in the Arts and Sciences at the University of Pennsylvania (January 1959), pp. 115-119,129.

Tables from Keniston transcribed here at Economics in the Rear-view Mirror:
https://www.irwincollier.com/economics-departments-and-university-rankings-by-chairmen-hughes-1925-and-keniston-1957/

1964 Rankings

Allan M. Cartter, An Assessment of Quality in Graduate Education Washington, D.C.: American Council on Education, 1966.

1969 Rankings

Kenneth D. Roose and Charles J. Andersen, A Rating of Graduate Programs. Washington, D.C.: American Council on Education, 1970.

Tables transcribed below.

___________________________

Graduate Programs in Economics
(1957, 1964, 1969)

Percentage of Raters Who Indicate:
Rankings “Quality of Graduate Faculty” Is:
1957 1964 1969 Institution Distiguish-
ed and strong
Good and adequate All other Insufficient Information
Nineteen institutions with scores in the 3.0 to 5.0 range, in rank order
1 1* 1* Harvard 97 3
not ranked 1* 1* M.I.T. 91 9
2 3* 3 Chicago 95 5
3 3* 4 Yale 90 3 7
5* 5 5 Berkeley 86 9 5
7 7 6 Princeton 82 9 10
9 8* 7* Michigan 66 22 11
10 11 7* Minnesota 65 19 15
14 14* 7* Pennsylvania 62 22 15
5* 6 7* Stanford 64 25 11
13 8* 11 Wisconsin 63 26 11
4 8* 12* Columbia 50 37 13
11 12* 12* Northwestern 52 32 16
16 16 14* UCLA 41 38 21
not ranked 12* 14* Carnegie-Mellon Carnegie-Tech (1964) 39 35 26
not ranked not ranked 16 Rochester** 31 39 1 29
8 14* 17 Johns Hopkins 31 56 13
not ranked not ranked 18* Brown** 20 52 1 27
15 17 18* Cornell** 21 56 2 21
*Score and rank are shared with another institution.
**Institution’s 1969 score is in a higher range than ist 1964 score.

 

Ten institutions with scores in the 2.5 to 2.9 range, in alphabetical order
(1969)
Duke
Illinois
Iowa State (Ames)
Michigan State
North Carolina
Purdue
Vanderbilt
Virginia
Washington (St. Louis)
Washington (Seattle)

 

Sixteen institutions with scores in the 2.0 to 2.4 range, in alphabetical order
(1969)
Buffalo*
Claremont
Indiana
Iowa (Iowa City)
Kansas
Maryland
N.Y.U.
North Carolina State*
Ohio State
Oregon
Penn State
Pittsburgh
Rice*
Texas
Texas A&M
Virginia Polytech.*
* Not included in the 1964 survey of economics

 

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Amherst Barnard Berkeley Brown Chicago Colorado Columbia Cornell Dartmouth Duke Harvard Illinois Indiana Iowa Johns Hopkins Kansas M.I.T. Michigan Michigan State Minnesota Missouri Nebraska North Carolina Northwestern NYU Ohio State Pennsylvania Princeton Radcliffe Rochester Stanford Swarthmore Texas Tufts UCLA Vassar Virginia Washington University Wellesley Williams Wisconsin Yale

U.S. Bureau of Education. Contributions to American Educational History, Herbert B. Adams (ed.), 1887-1903

 

I stumbled across this series while I was preparing the previous post on the political economy questions for the Harvard Examination for Women (1874). I figured it would be handy for me to keep a list of links to the monographs on the history of higher education in 35 of the United States at the end of the nineteenth century. Maybe this collection will help you too.

Contributions to American Educational History, edited by Herbert B. Adams

  1. The College of William and Mary. Herbert B. Adams (1887)
  2. Thomas Jefferson and the University of Virginia. Herbert B. Adams (1888)
  3. History of Education in North Carolina. Charles L. Smith (1888)
  4. History of Higher Education in South Carolina. C. Meriwether (1889)
  5. Education in Georgia. Charles Edgeworth Jones (1889)
  6. Education in Florida. George Gary Bush (1889)
  7. Higher Education in Wisconsin. William F. Allen and David E. Spencer (1889)
  8. History of Education in Alabama. Willis G. Clark (1890).
  9. History of Federal and State Aid to Higher Education. Frank W. Blackmar (1890)
  10. Higher Education in Indiana. James Albert Woodburn (1891).
  11. Higher Education in Michigan. Andrew C. McLaughlin. (1891)
  12. History of Higher Education in Ohio. George W. Knight and John R. Commons (1891)
  13. History of Higher Education in Massachusetts. George Gary Bush (1891)
  14. The History of Education in Connecticut. Bernard C. Steiner (1893)
  15. The History of Education in Delaware. Lyman P. Powell (1893)
  16. Higher Education in Tennessee. Lucius Salisbury Merriam (1893)
  17. Higher Education in Iowa. Leonard F. Parker (1893)
  18. History of Higher Education in Rhode Island. William Howe Tolman (1894)
  19. History of Education in Maryland. Bernard C. Steiner (1894).
  20. History of Education in Lousiana. Edwin Whitfield Fay (1898).
  21. Higher Education in Missouri. Marshall S. Snow (1898)
  22. History of Education in New Hampshire. George Gary Bush (1898)
  23. History of Education in New Jersey. David Murray (1899).
  24. History of Education in Mississippi. Edward Mayes (1899)
  25. History of Higher Education in Kentucky. Alvin Fayette Lewis (1899)
  26. History of Education in Arkansas. Josiah H. Shinn (1900)
  27. Higher Education in Kansas. Frank W. Blackmar (1900)
  28. The University of the State of New York. History of Higher Education in the State of New York. Sidney Sherwood (1900)
  29. History of Education in Vermont. George Gary Bush (1900)
  30. History of Education in West Virginia. A. R. Whitehill (1902)
  31. The History of Education in Minnesota. John N. Greer (1902)
  32. Education in Nebraska. Howard W. Caldwell (1902)
  33. A History of Higher Education in Pennsylvania. Charles H. Haskins and William I. Hull (1902)
  34. History of Higher Education in Colorado. James Edward Le Rossignol (1903)
  35. History of Higher Education in Texas. J. J. Lane (1903)
  36. History of Higher Education in Maine. Edward W. Hall (1903)

Image Source: Cropped from portrait of Herbert Baxter Adams ca. 1890s. Johns Hopkins University graphic and pictorial collection.

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Columbia Economists Gender New School Texas

Columbia. Economics Ph.D. alumna. Dorothy Elizabeth Gregg, 1951

 

 

The previous post consisted of the syllabus, reading assignments and study questions for an undergraduate course taught at Columbia on the history of economics, ca. 1951. Curatorial pride led me to hunt for the “D. Gregg” who taught that course. I was able to track down Dorothy Elizabeth Gregg (1919-1997) and can add her now to the runnning series of Get-to-know-a-PhD-economist.

Gregg left academics for a highly successful career in corporate public relations in her mid-thirties. She was also very active in professional women’s issues and organizations (see the advertisement for a speech she gave at Columbia in December 1982 below).

______________________

U.S. Social Security Applications and Claims Index

Birth: December 4, 1919 Tempe, Arizona
Death: May 18 1997
Father: Alfred T. Gregg
Mother: Mamie E. Walker

______________________

U.S. Census and Draft Records

1920 U.S. Census. (23 January 1920)
Gilbert, Maricopa, Arizona

Husband: Alfred T. Gregg (b. ca 1889 in Mississippi), occupation: farmer.
Wife: Mamie Gregg (b. ca. 1894 in Mississippi)
Daughters: Louise (ca 1911, b. in Texas), Juanita (ca. 1917 b. in Arizona), Dorothy (ca Dec 1919, b. in Arizona) Gregg

1930 U.S. Census.
Chandler, Maricopa, Arizona.

Husband: Alfred T. Gregg (b. ca 1891 in Mississippi), occupation: farmer.
Wife: Mamie Gregg (b. ca. 1892 in Mississippi)
Daughters: Louise (ca 1911, b. in Texas), Juanita (ca. 1918 b. in Arizona), Dorothy (ca. 1920, b. in Arizona), Betty R. (ca. 1923 b. in Arizona) Gregg

1935-36 Notes

Dorothy’s 1935 Residence: Holtville, Imperial County California (according to 1940 U.S. Census). Her mother Mamie was living in Holtville, Imperial California in 1940.
Her father died 29 July 1936 in Imperial, California.

1940 Census (April 5, 1940)
Los Angeles County.

Married to Robert B Fox (21 years old). With 0/12 year old daughter Shaaron Lee (born March 10, 1940).
Husband worked as a clerk in household wares. Dorothy (born in Arizona) worked as a stenographer in a Glass Manufacturing Company. Both coded as having three years of college education.

Oct. 16 1940, Robert Bradford Fox draft card.

Born: May 11, 1918 in Galveston, Texas. Next of kin:  Dorothy Elizabeth Fox. Residence in El Centro (Imperial County), California, his occupation listed as student.

______________________

Miscellaneous University Records/Service

University of Texas

University Texas Yearbook, Cactus 1944, p. 290. Dorothy Gregg Fox listed as a member of the honorary government organization Pi Sigma Alpha.

University of Texas, Austin. B.A. in economics with a minor in government (1945), M.A. in economics (1948).

*  *  *  *  *  *  *  *  *

Columbia University

Doctoral dissertation of Dorothy Gregg:  The exploitation of the steamboat; the case of Colonel John Stevens.
Ph.D. conferred in 1951.

 Assistant professor in the School of General Studies. (according to biographical note in the New School Bulletin Vol. XII, No. 3 (Sept 20, 1954).

*  *  *  *  *  *  *  *  *

Courses offered at the New School for Social Research 1954-55

213 THE MANAGERIAL CONTROL OF BUSINESS
Fall. Mondays, 8:30-10:10 P.M. $21. (Reg. fee: p. 6) DOROTHY GREGG

Beginning October 4.This course analyzes the structure and dynamics of an important phenomenon in Western civilization—the big business corporation. Topics are discussed from a functional viewpoint, with emphasis upon current problems. The course is designed both for those interested in public affairs and for students of economics.

The general tendency in modern society towards big bureaucratic organizations, both in business and in government. An analysis of the various theories of bureaucracy—Weber, Mannheim, von Mises, Parsons, Merton. The American business corporation—its structure, impersonality, over-centralization. Problems of status and prestige, communication channels, recruiting and training of executives. Possible solutions: decentralization, rationalization, social engineering techniques. The economic, political and social implications of the growth of bureaucracy.

Source:   New School for Social Research. New School Bulletin 1954-55, Vol. 12, No. 1 (September 6, 1954), p. 45.

218 THE BUSINESS WORLD AND MASS COMMUNICATIONS
Thursdays, 6:20-8:00 P.M. $21. (Reg. fee: p. 6) DOROTHY GREGG

Beginning February 10.This course discusses one of the basic developments in western civilization—the mass media of communications and their impact on society. The growth of the mass media constitutes perhaps one of the most significant revolutions of our times. The technological factors of the mass media, the business organization they involve, and their influence on changing business structures will be examined. An analysis is also made of the social consequences of the mass media and their interaction with the social structure.

Source:   New School for Social Research. New School Bulletin Spring 1955, Vol. 12, No. 18 (January 3, 1955), p. 41.

*  *  *  *  *  *  *  *  *

According to Robert L. Heath (ed.) Encyclopedia of Public Relations (2ndEdition), Vol. 1 (SAGE Publications, 2013) p. 992, Dorothy Gregg also taught at Pace College and the University of Texas.

______________________

Featured Speaker on Professional Women’s Forum
at Columbia University in 1982

Source:  The Columbia Spectator, December 6, 1982.

______________________

Non-academic career

1954. Began career as a public relations consultant.
Ca. 1963-1975. Assistant to the director of public relations at U.S. Steel Corporation (16 years)
1975-1983. Vice president of communication Celanese Corporation
1983-1987. Senior consultant to Ruder, Finn & Rotman
1987. Established her own company.

Professional Women’s Organizations

First vice president of the National Council of Women in the United States
Committee on Women in Public Relations (chairperson)
Association for Women in Communication (President-elect 1981)
American Woman’s Association and the Advertising Women of New York (director)
International Women’s Forum (member of board of governors)
New York Women’s Forum (member of board of governors)

Sources:  Robert L. Heath (ed.) Encyclopedia of Public Relations (2ndEdition), Vol. 1 (SAGE Publications, 2013) p. 992. Also University of Texas alumni magazine. The Alcade, March-April, 1981.

Image Source: Dr. Dorothy Gregg for the Vernon C. Schranz Distinguished Lectureship in Public Relations of 1981.

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Chicago Faculty Regulations Texas

Chicago. Policies on faculty paid leave, trips to conferences, 1917

 

 

Regular paid sabbatical leave was not the policy of the University of Chicago at least up through World War I. Also faculty costs to attend professional meetings were not covered unless the faculty member was representing the University in some official capacity.

_____________________

THE UNIVERSITY OF TEXAS
AUSTIN

OFFICE OF
THE DEAN OF THE FACULTY

February 10, 1917

My dear Sir:

It would be of real assistance to us here in defending ourselves against attack if you would give me the practice of your institution on the following points:

  1. Leaves of absence with pay to members of the faculty.
  2. Appropriations to enable members of the faculty to attend meetings of learned societies.
  3. Appropriations for rousing the interest of the alumni.

I should greatly appreciate a prompt reply.

Very truly yours,

[signed, W. J. Battle]
Dean of the Faculty

President Harry P. Judson,
University of Chicago,
Chicago, Ill.

_____________________

Carbon Copy of President Judson’s response to Dean Battle

Chicago, February 15, 1917

Dear Dr. Battle:

Your favor of the 10th inst. is received. In answer to your questions:

  1. Leave of absence with pay to members of the faculty is given rarely, and only for a particular reason. These reasons are in some cases those relating to the health of the individual in question; in other cases relating to a special piece of scientific work to be undertaken.
  2. We make no specific appropriation to enable members of the faculty to attend the meetings of learned societies. Rarely a specific allowance is made in cases of meetings in which members of the faculty are sent to represent the University.
  3. We have some appropriations for the development of close relations between the alumni and the University. Money so spent is, I think, very wisely spent.

You are aware that our plan of organization contemplates four quarters in the year, and that any member of the faculty is expected to give instruction during three out of those four. He is allowed to give instruction during the fourth frequently, and such work may be credited as vacation, so that later the person in question may be absent on full pay for a considerable time.

Very truly yours,

H.P.J.-L

Dean W. J. Battle
The University of Texas
Austin, Texas

 

Source:   University of Chicago Archives. Office of the President. Judson and Burton Administrations, Records. Box 68, Folder 18 “Procedures, 1893-1917”.

Image Source:  Cobb Lecture Hall, 1917. University of Chicago Photographic Archive, apf2-02760, Special Collections Research Center, University of Chicago Library.

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Chicago Duke Economists Harvard Northwestern Texas

Harvard. Economics Ph.D. (1929). Transcripts of Earl J. Hamilton

 

 

University archives are very strict about releasing the academic records of their alumni. Every so often I find that one of the pack-rats I encounter in my archival visits kept a personal copy of his or her own transcripts. The economic historian Earl J. Hamilton had copies of his transcripts from his B.S. from Missippi State University, M.A. from Texas and his graduate work leading up to his Ph.D. from Harvard. Thus we are able to trace Hamilton’s academic progress from his high-school days (at least we know the courses for which he was given entrance credit) up through his Harvard A.M. I have added the course titles and instructors for Hamilton’s courses taken at Harvard.

Hamilton’s book American Treasure and the Price Revolution in Spain, 1501-1650 was assigned reading in my Yale undergraduate course on the economic history of Europe before 1750 taught by Professor Harry Miskimin.

_____________________________

Earl Jefferson Hamilton (1899-1989)

Earl Jefferson Hamilton was born on May 17, 1899 in Houlka, Mississippi. He received a B.S. with honors from Mississippi State University (1920), an M.A. from the University of Texas (1924), and a Ph.D. from Harvard (1929). In 1952, he received a Docteur Honoris Causa from the University of Paris and again from the University of Madrid.

Hamilton also held a Thayer Fellowship and a Frederick Sheldon Traveling Fellowship (Harvard University), a Social Science Research Fellowship, a Guggenheim Memorial Fellowship, and a Faculty Research Fellowship from the Ford Foundation.

Hamilton was an Assistant Professor of Economics at Duke University (1927-1929), a Professor of Economics at Duke University (1929-1944), Professor of Economics at Northwestern University (1944-1947), and a Professor of Economics at the University of Chicago (1947-1967).

Hamilton was the editor of the Journal of Political Economy from 1948 to 1954 and president of the Economic History Association from 1951 to 1952. His books include American Treasure and the Price Revolution in Spain, 1501-1650 (1934), Money, Prices, and Wages in Valencia, Aragon and Navarre, 1351-1500 (1936), War and Prices in Spain, 1651-1800 (1947), and Landmarks in Political Economy (1962). Late in his career Hamilton developed an interest in the work of John Law of Lauriston.

Source: Special Collections Research Center, University of Chicago Library. Guide to the Earl J. Hamilton Papers 1927-1975.

_____________________________

 

MISSISSIPPI AGRICULTURAL AND MECHANICAL COLLEGE
A. AND M. COLLEGE, MISSISSIPPI

J.C. Herbert, Registrar

December 16, 1925.

TO WHOM IT MAY CONCERN:

This certifies that Mr. E. J. Hamilton graduated with honors from the Mississippi Agricultural and Mechanical College. He received his Bachelor of Science degree from the School of Business and Industry in May of 1920.

Mr. Hamilton has on file in the office of the Registrar, the following entrance units and college credits:

[Graduated from Buena Vista High School, Mississippi in 1915]

Entrance Subjects Units
English 4
History 2
Latin 2 ½
Mathematics:
Algebra 1 ½
Geometry ½
Science:
Agriculture 2
Chemistry ½
Physiology ½
Physics ½

 

 

Credit Hours Grades
1916-1917
Commerce:
Bookkeeping 15 6 82
Bookkeeping 16 4 68
Bookkeeping 17 4 70
Business Methods 24 10 80
Typewriting 12 6 81
English 1, Composition 15 70
Geology 15, Commercial Geography 5 85
History:
English 1 3 74
Mediaeval and Modern 21 3 86
American History Since 1750 22 3 94
Markets 1 4 80
Mathematics:
Plane Geometry 10 Credit
Solid Geometry 5 65
 

1917-1918 (One Term)

Commerce:
Typewriting 2b 2 90
Stenography 2a 3 70
History:
American Government 1 5 90
American Government 7 5 89
Public Discourse:
Business Correspondence and Conversation 3 5 80
1918-1919 and Summer of 1918
Commerce:
Business Organization 307 5 95
Business Law 303 5 95
Advanced Business Law 305 5 80
Economics:
Outlines of Economics 1-3 6 94
Money and Banking 7 5 95
English 19, Composition 3 94
History 7, Europe Since the Reformation 3 80
Modern Language:
Spanish 1-215 10 93
Spanish 205-213-219-225 16 95
French 109 5 94
French 101-103 8 94
French 111-113-125 11 95
Philosophy and Sociology:
Latin American Relations 5 92
International Relations 1-3-5 9 96
Sociology 17 5 97
1919-1920
Commerce:
Accounting 204 5 91
Investments 315 5 95
Typewriting 104 5 90
Education:
The Educative Process 9 5 93
Classroom Management 11 5 92
Rural Schools 27 3 90
Psychology 1 5 98
Modern Languages:
French 107-115-119 11 94
Spanish 215-219 10 96
Italian 401a 3 94
Public Discourse:
Advertising 5 5 85
Thesis 13 5 85

Note: One credit hour represents one recitation of not less than 45 minutes for theory and 100 minutes for laboratory, once a week for twelve weeks, prior to the session of 1917-1918. Since the session of 1917-1918, the lecture periods have been 50 minutes and the laboratory periods 110 minutes.

Respectfully,
(Signed) J. C. Herbert
Registrar

_____________________________

 

RECORD OF COLLEGE WORK
University of Texas

Hamilton, Earl Jefferson
Degree Obtained, M.A., 1924

 

Course No. Descriptive Title of Course Value in Semester Hours Clock hours: Lec. Total Weeks Grades
Summer
Session
Ed. 21 Educational Organization, Administration and Supervision 6 15 7 ABA 1922
Gov. 15 Comparative Municipal Government 6 15 7 BAB 1922
Eco.214a The Labor Problem 2 5 7 A 1923
Eco. 117 Socialism 2 5 7 A 1923
Eco.31ac World Politics 4 10 7 AA 1923
Eco.148 Land Problems 2 5 7 A 1923
Gov. 14b American Diplomacy 2 5 7 A 1923
Thesis 6 15 7 Credit 1924

 

Grades: A, 90-100; B, 30-89; C, 70-79; D, 60-69; E, condition; F, failure; G, failure too bad to continue the course; P, examination postponed. Passing grade is D.

_____________________________

COPY

Harvard University
The Graduate School of Arts and Sciences
24 University Hall, Cambridge, Massachusetts

Transcript of the record of Mr. Earl Jefferson Hamilton

 

1924-25
COURSE GRADE
Economics 7b2 (½ course)
[Programmes of Social Reconstruction, T.N. Carver]
A
Economics 11 (1 course)
[Economic Theory, F.W. Taussig]
A
Economics 12a1 (½ course)
[Problems in Sociology and Social Reform, T.N. Carver]
A minus
Economics 14 (1 course)
[History and Literature of Economics to the year 1848, C.J. Bullock]
A
Economics 322 (½ course)
[Economics of Agriculture, T.N. Carver]
A
Economics 331 (½ course)
[International Trade and Tariff Problems, F. W. Taussig]
B plus
Summer of 1924
Economics S2a (½ course)
[European Industry and Commerce since 1750, A. P. Usher]
A
Economics S2b (½ course)
[Economic History of the United States, A. P. Usher]
A
1925-1926
Economics 7a1 (½ course)
[Theories of Value and Distribution, Williams]
A
Economics 10a1 (½ course)
[History of Commerce and Industry to 1500, A. P. Usher]
A
Economics 10b2 (½ course)
[History of Commerce and Industry, 1500-1750, A. P. Usher]
A
Economics 151 (½ course)
[Modern Schools of Economic Thought, A.A. Young]
A
Economics 20 (1 course)
[Economic Research Course]
A
Economics 38 (1 course)
[Principles of Money and of Banking, A.A. Young]
credit
Received A. M. in March, 1926

 

The established grades are A, B, C, D, and E.

A grade of A, B, Credit, Satisfactory, or Excused indicates that the course was passed with distinction. Only courses passed with these grades may be counted toward a higher degree.

(Signed) Lawrence S. Mayo
Assistant Dean.

_____________________________

COPY

Harvard University
Division of History, Government, and Economics
Cambridge, Massachusetts
September 29, 1928

To Whom It May Concern:

This is to certify that Mr. E. J. Hamilton has completed all the requirements for the degree of Ph. D. in Economics. The degree will be conferred in February, 1929.

(Signed) Gladys E. Campbell
Secretary of the Division

 

Source: Economists’ Papers Archive. Duke University, David Rubenstein Library. Papers of Earl J. Hamilton, Box 4, Folder “Correspondence: 1920’s-1960’s; 1980’s and n.d.”.

Image Source: Earl J. Hamilton (1937) from John Simon Guggenheim Memorial Foundation website.

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Berkeley Carnegie Institute of Technology Chicago Colorado Columbia Cornell Duke Economics Programs Economist Market Harvard Illinois Indiana Iowa Johns Hopkins M.I.T. Michigan Michigan State Minnesota North Carolina Northwestern NYU Ohio State Pennsylvania Princeton Purdue Rochester Stanford Texas Undergraduate Vanderbilt Wisconsin Yale

Size distribution of graduate and undergraduate programs in economics. U.S., 1963-65

 

 

These are the last two statistical tables from the so-called “Cartel” summary report from December 1965 of leading economics departments in the U.S. intended to provide orientation for departmental chairpersons in salary negotiations. Today’s posting gives the numbers of undergraduate and graduate majors reported by 29 departments. 

Earlier postings gave the distribution for full-professors, the distribution for associate professors, and the distribution for assistant professors across departments. Two previous postings have the actual distributions for entering salaries for new Ph.D.’s for 1964-65 and 1965-66 and the anticipated range of salary offers for new Ph.D.’s for 1966-67. Those first five reports from The Cartel provide distributions of median or average incomes or ranges of salary offers by ranks across departments. Table 6c from the summary report that gives the salary distributions by rank for 335 professors, 143 associate professors and 185 assistant professors from all 27 departments.

Refer to the first posting in this series of tables for information about the compiler Professor Francis Boddy of the University of Minnesota and a list of the 30 departments belonging to the Chairmen’s Group.

____________________

 

TABLE 7c
Graduate majors in Economics – 29 institutions:

 

1963-64 1964-65 1965-66
(Estimate)
300 and over 2 2

1

200-299

0 0 2
150-199 3 4

5

100-149

6 5 6
80-99 4 4

3

60-79

5 7 5
40-59 6 4

4

20-39

2 1 0
1-19 1 1

1

Number of departments reporting:

29

28

27

Total number of students:

2,963

3,057

3,118

____________________

 

TABLE 8C
Undergraduate majors in Economics – 29 institutions

 

1963-64 1964-65
300 and over 4

4

250-299

1 1
200-249 3

2

150-199

4 6
100-149 8

5

80-99

1 1
60-79 2

1

40-59

2 3
20-39 1

1

1-19

1

1

Number of departments reporting:

27

25

Total number of students:

4,550

4,312

 

Source: Johns Hopkins University. The Ferdinand Hamburger, Jr. Archives. Department of Political Economy, Series 5, Box 6, Folder 2 “Statistical Information”.

Image Source: quick meme website.

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Economics Professors’ Salaries by Rank (6), 1965-66

 

 

This is the sixth table from the so-called “Cartel” summary report from December 1965 of 9-10 month salaries paid in U.S. economics departments. In the previous five tables The Cartel reports median or average incomes or ranges of salary offers by ranks across departments. In this posting we have Table 6c from the summary report that gives the salary distributions by rank for 335 professors, 143 associate professors and 185 assistant professors from all 27 departments.

Earlier postings gave the distribution for full-professors, the distribution for associate professors, and the distribution for assistant professors across departments. Two previous postings have the actual distributions for entering salaries for new Ph.D.’s for 1964-65 and 1965-66 and the anticipated range of salary offers for new Ph.D.’s for 1966-67.

Refer to the first posting in this series of tables for information about the compiler Professor Francis Boddy of the University of Minnesota and a list of the 30 departments belonging to the Chairmen’s Group.

Using the BLS web CPI Inflation calculator, one can inflate nominal levels (say for December 1965, the date of the report) to April 2017 using a factor of 7.69.

 

____________________

TABLE 6c

Salaries of Economists (9-10 month, academic year, 1965-66) in 27 of the 29 Departments of Economics (The Cartel):
N = Number of Persons

MID POINT OF RANGE PROFESSORS ASSOCIATE PROFESSORS ASSISTANT PROFESSORS
26,750/and over 2
26,500 0
26,000 2
25,500 1
25,000 8
24,500 0
24,000 4
23,500 2
23,000 7
22,500 2
22,000 12
21,500 7
21,000 10
20,500 5
2,0000 22
19,500 10
19,000 13
18,500 11
18,000 24
17,500 8
17,000 19
16,500 23
16,000 27
15,500 20 1 0
15,000 21 2 1
14,500 14 2 0
14,000 22 10 0
13,500 10 12 0
13,000 10 13 1
12,500 7 18 2
12,000 6 20 1
11,500 3 21 7
11,000 3 13 9
10,500 0 18 18
10,000 0 9 35
9,750 1 9
9,500 2 28
9,250 1 11
9,000 0 24
8,750 0 8
8,500 0 13
8,250 2
8,000 15
7,750 1
N=335 N=143 N=185

 

Source: Johns Hopkins University. The Ferdinand Hamburger, Jr. Archives. Department of Political Economy, Series 5, Box 6, Folder 2 “Statistical Information”.

Image Source:  “Me and my partner” by C. J. Taylor on cover of Punch, December 25, 1889. Library of Congress Prints and Photographs Division Washington, D.C.

 

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Expected New PhD Starting Salaries in U.S. Economics Departments (5), 1966/67

 

 

This is the fifth table from the so-called “Cartel” summary report from December 1965 of 9-10 month salaries paid in U.S. economics departments. Table 5c give figures for the anticipated range of salaries for “freshly completed PhD’s” for the coming academic year (1966-67) across the departments reporting. Earlier postings gave the distribution for full-professors, the distribution for associate professors, and the distribution for assistant professors. The previous posting has the actual distributions for entering salaries for new Ph.D.’s for 1964-65 and 1965-66. Refer to the first posting in this series of tables for information about the compiler Professor Francis Boddy of the University of Minnesota and a list of the 30 departments belonging to the Chairmen’s Group.

The copy of this table in the Johns Hopkins University archives has a useful handwritten addition. It is noted that the median lower bound of the range is $9,250 and the median higher bound of the range is $10,000. Thus one might say a measure of the range of the anticipated, as of December 1965), 9-10 month salary offers for “freshly completed PhDs” for 1966-67 was ($9,250 — $10,000), though such a range was not necessarily anticipated by any one of the 27 departments responding to that question.

Compared to Table 4c, this table tells us that the range of offers for “freshly completed PhDs” was anticipated to move up $250 about a 2.67% nominal increase from 1965-66 to 1966-67.

Using the BLS web CPI Inflation calculator, one can inflate nominal levels (say for December 1965, the date of the report) to April 2017 using a factor of 7.69.

 

____________________

TABLE 5c
Departments Expect to Have to Offer to Get
“Freshly Completed PhD’s for Next Year, 1966-67

 

MID-POINT OF RANGE

FROM TO
13,000 0

0

12,500

0 0
12,000 0

1

11,500

0 0
11,000 0

6

10,500

0 7
10,000 5

6

9,750

0 0
9,500 8

4

9,250

1 0
9,000 8

2

8,750

1 0
8,500 1

1

8,250

0 0
8,000 3

0

N=

27

27

 

Source: Johns Hopkins University. The Ferdinand Hamburger, Jr. Archives. Department of Political Economy, Series 5, Box 6, Folder 2 “Statistical Information”.

Image Source:  Caption under the drawing: “No class of labor feels the grip of grinding monopoly more than our underpaid, overworked ball-players.”  “The base-ball Laocoon” by L. M. Glackens. Cover of Punch, May 14, 1913. Library of Congress Prints and Photographs Division Washington, D.C.

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New PhD Starting Salaries in U.S. Economics Departments (4), 1964/5-1965/66

 

 

This is the fourth table from the so-called “Cartel” summary report from December 1965 of 9-10 month salaries paid in U.S. economics departments. Table 4c give figures for the distribution of salaries for “freshly completed PhD’s” across the departments reporting. Previous postings gave the distribution for full-professors, the distribution for associate professors, and the distribution for assistant professors. The next posting has the anticipated (as of December 1965) range of salaries to hire freshly completed PhD’s for the coming academic year, 1966-67. Refer to the first posting in this series of tables for information about the compiler Professor Francis Boddy of the University of Minnesota and a list of the 30 departments belonging to the Chairmen’s Group.

Using the BLS web CPI Inflation calculator, one can inflate nominal levels (say for December 1965, the date of the report) to April 2017 using a factor of 7.69.

______________________

TABLE 4c
Entering Salaries of “Freshly Completed PhD’s” of New Staff Members
in the Fall of 1965-66 1964-65

 

MINIMUM MEDIAN MAXIMUM
MID-POINT OF RANGE 1965-66 1964-65 1965-66 1964-65 1965-66

1964-65

Over 10,999

0 0 0 0 1 0
10,500 0 0 0 0 2

1

10,000

2 0 4 3 7 0
9,750 2 0 4 0 1

0

9,500

4 1 2 0 2 4
9,250 1 2 3 3 1

3

9,000

3 6 0 5 3 6
8,750 1 1 3 5 0

1

8,500

4 5 3 5 2 5
8,250 1 1 0 2 0

1

8,000

2 3 1 0 1 0
7,750 0 0 0 0 0

1

7,500

0 1 1 2 0 1
7,250 1 1 0 0 0

0

N=

21 21 21 25 20 23
Median $9,000 $8,500 $9,250 $8,750 $9,750

$9,000

Mean

$8,952 $8,583 $9,190 $8,820 $9,600

$8,913

 

Source: Johns Hopkins University. The Ferdinand Hamburger, Jr. Archives. Department of Political Economy, Series 5, Box 6, Folder 2 “Statistical Information”.

 

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Assistant Professors’ Salaries in U.S. Economics Departments (3), 1964/5-1965/66

 

 

This is the third table from the so-called “Cartel” summary report from December 1965 of 9-10 month salaries paid in U.S. economics departments. Tables 3c give figures for the distribution of assistant professor salaries across the departments reporting. Last posting gave the distribution for full-professors and the distribution for associate professors. The next posting has the distribution for entering salaries for new Ph.D.’s. Refer to the first posting in this series of tables for information about the compiler Professor Francis Boddy of the University of Minnesota and a list of the 30 departments belonging to the Chairmen’s Group.

Also there is a table of the anticipated (as of December 1965) range of salaries to hire freshly completed PhD’s for the coming academic year, 1966-67.

Using the BLS web CPI Inflation calculator, one can inflate nominal levels (say for December 1965, the date of the report) to April 2017 using a factor of 7.69.

____________________

TABLE 3c
ASSISTANT PROFESSORS 1965-66, 1964-65

(1)
Median Salaries
All Assistant Professors

MID-POINT
OF RANGE

1965-66 1964-65
Over 11,249 0

1

11,000

0 0
10,500 3

0

10,000

7 1
9,750 2

0

9,500

6 6
9,250 3

2

9,000

4 5
8,750 1

6

8,500

1 2
8,250 1

3

8,000

1 2
7,750 0

0

7,500

0 0
7,250 0

1

N=

29 29
Median $9,500

$8,900

Mean

$9,402

$8,936

 

 

TABLE 3c
ASSISTANT PROFESSORS 1965-66, 1964-65

(2)
Average Salaries
“Superior Assistance Professors”
(Top 1/3)

MID-POINT
OF RANGE

1965-66 1964-65
Over 11,249 4

1

11,000

3 2
10,500 8

5

10,000

7 3
9,750 2

2

9,500 3 4
9,250 0

3

9,000

1 3
8,750 1

3

8,500

0 0
8,250 0

2

8,000

0 0
7,750 0

0

7,500

0 0
7,250 0

1

N=

 

29

 

29

Median $10,250

$9,500

Mean

$10,333

$9,575

 

 

TABLE 3c
ASSISTANT PROFESSORS 1965-66, 1964-65

(3)
Average Salaries
“Average Assistant Professors”
(Lower 2/3)

MID-POINT
OF RANGE

1965-66 1964-65
Over 10,749 0

1

10,500

1 0
10,000 5

0

9,750

2 0
9,500 4

3

9,250 7 1
9,000 2

8

8,750

4 3
8,500 1

5

8,250

2 3
8,000 1

1

7,750

0 2
7,500 0

1

7,250

0 1
N= 29

29

Median

$9,300 $8,800
Mean $9,251

$9,063

 

Source: Johns Hopkins University. The Ferdinand Hamburger, Jr. Archives. Department of Political Economy, Series 5, Box 6, Folder 2 “Statistical Information”.

Image Source: Brussells conference, cartel magnate (detail). Postcard from 1902. Library of Congress Prints and Photographs Division Washington, D.C. 20540 USA.