Category: Virginia

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

Post author By Irwin Collier
Post date 2024-07-29

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

Brookings Chicago Cornell Dartmouth Economists Harvard Uncategorized Virginia

Harvard. Economics Ph.D. alumnus, Melvin Gardner de Chazeau. 1930

Post author By Irwin Collier
Post date 2024-07-22

Melvin Gardner de Chazeau’s graduate school record at Harvard (Economics Ph.D. 1930) is documented fully in this post that also includes a fairly complete c.v. for him (visitors can hunt down his many book reviews at jstor.org).

Research Tip: There are 2.3 cubic feet of personal papers of Melvin Gardner de Chazeau at the Division of Rare and Manuscript Collections, Cornell University Library.

_______________________

HARVARD UNIVERSITY
DIVISION OF HISTORY, GOVERNMENT, AND ECONOMICS

Application for Candidacy for the Degree of Ph.D.

[Note: Boldface used to indicate printed text of the application; italics used to indicate the handwritten entries]

I. Full Name, with date and place of birth.

Melvin Gardner de Chazeau. Olympia, Wash.; March 20, 1900.

II. Academic Career: (Mention, with dates inclusive, colleges or other higher institutions of learning attended; and teaching positions held.)

University of Washington 1921-25.
Teaching Fellow (Econ.) 1924-25.
Harvard University 1925-6. Instructor & Tutor (Econ. A) 1926-27.

III. Degrees already attained. (Mention institutions and dates.)

A.B. U. of Washington. Dec. 1924.
M.A. U. of Washington. Aug. 1925.
A.M. Harvard. 1927.

IV. General Preparation. (Indicate briefly the range and character of your undergraduate studies in History, Economics, Government, and in such other fields as Ancient and Modern Languages, Philosophy, etc.)

Econ.: Courses in Standards of Living, History and Theory of Labor in U.S. and Europe, Marketing and Advertising, History of Econ. Thought, Econ. Theory. (Taught General Econ.)
Gov.: General course, American Gov’t., Readings in Political thought.
Phil.: Hist. of Phil., Social Ethics & Ethical Theory, Logic, Phil. of Religion, Modern Schools.
Languages: Spanish, French & Latin (High School).

V. Department of Study. (Do you propose to offer yourself for the Ph.D., “History,” in “Economics,” or in “Political Science”?)

Economics.

VI. Choice of Subjects for the General Examination. (State briefly the nature of your preparation in each subject, as by Harvard courses, courses taken elsewhere, private reading, teaching the subject, etc., etc.)

Econ. Theory and its History. (Special emphasis since 1776).
Econ. 11; Econ. 15 (audit); Econ. 33
Grad. Seminars (U. of W.) in Price Determination, Theory, International Finance.
Econ. History since 1750.
Econ. 2.
Statistics.
Econ. 41; Econ. 1a.
Money and Banking.
Econ. 38. Also matter connected with Econ. 33.
Ethics.
Two undergraduate courses: Social Ethics and Ethical Theory (U. of W.) Extensive undergraduate and one year’s graduate work in Phil. Private reading.
Regulation of Public Utilities.
Grad. Seminar (U. of W.) in Rate Regulation.
Econ. 36 (audit).

VII. Special Subject for the special examination.

Regulation of Public Utilities.

VIII. Thesis Subject. (State the subject and mention the instructor who knows most about your work upon it.)

~~Details of subject not yet determined upon~~. F. W. Taussig.
[Insert written in pencil:] Some Chapters in the Regulation of the Electric Industry in Massachusetts

IX. Examinations. (Indicate any preferences as to the time of the general and special examinations.)

Closing weeks of first, or first few wseeks of second, semester
[Insert written in pencil:] 1926-27. February 21, 1927.

X. Remarks

[Left blank]

Signature of a member of the Division certifying approval of the above outline of subjects.

[signed] F. W. Taussig

* * * [Last page of application] * * *

[Not to be filled out by the applicant]

Name: Melvin Gardner de Chazeau

Approved: November 12, 1926

Ability to use French certified by Professor A. E. Monroe, October 21, 1926.

Ability to use German certified by Professor A. E. Monroe, October 21, 1926

Date of general examination February 21, 1927

Thesis received April 1, 1930

Read by [left blank]

Approved [left blank]

Date of special examination [left blank]

Recommended for the Doctorate [left blank]

Degree conferred [left blank]

Remarks. [left blank]

* * * * * * * * * * * * * *

Certification of reading knowledge
of French and German for Ph.D.

HARVARD UNIVERSITY
Department of Economics

Cambridge, Massachusetts
Oct. 21, 1926

Mr. M. G. De Chazeau has this day passed a satisfactory examination in the reading of French and German, as required of candidates for the doctor’s degree.

[signed]
A.E. Monroe

* * * * * * * * * * * * * *

Passed General Examination

HARVARD UNIVERSITY
Department of Economics

Cambridge, Massachusetts
February 24, 1927

To the Division of History,
Government, and Economics,

As chairman of the committee appointed to conduct the general examination in economics of Melvin Gardner de Chazeau, I have to report that the examination was accepted by the committee [Taussig, Crum, Young, Cole, Demos (Ethics)] as satisfactory. It was not as high in quality as the previous record of the candidate had led the committee to expect, and a more than respectable showing at the time of the candidate’s special examination is desirable. The committee had no doubt, however, about accepting the present examination as satisfactory.

Very truly yours,
[signed]
F. W. Taussig

* * * * * * * * * * * * * *

Passed Special Examination

HARVARD UNIVERSITY
Department of Economics

Cambridge, Massachusetts
May 20, 1930

Dear Professor Carver,

As chairman of the committee appointed to conduct the special examination in Economics of Mr. M. G. de Chazeau, I beg to report that Mr. De Chazeau passed the examination to the entire satisfaction of the committee.

Very sincerely yours,
[signed]
F. W. Taussig

Professor T. N. Carver
772 Widener Library
Cambridge, Massachusetts

Source: Harvard University Archives. Division of History, Government & Economics, Ph.D. Degrees Conferred 1929-30. (UA V 453.270), Box 10.

__________________________

THE GRADUATE SCHOOL OF ARTS AND SCIENCES
Record of
Melvin Gardner de Chazeau

Years: 1925-26, 1926-27, 1927-28, 1929-30.

[Previous] Degrees received.

A.B. Univ. of Washington, 1924,
A.M. Univ. of Washington, 1925.

First Registration: 24 September 1925

1925-26	Grades
First Year	Course	Half-Course
Economics 1a¹		A-
Economics 2	A
Economics 11	A
Economics 38	A
Economics 41²		A+

Division: History, Government, & Economics
Scholarship, Fellowship: Ralph Sanger Scholar
Assistantship:
Austin Teaching Fellowship:
Instructorship:
Proctorship:
Degrees received: A.B. Univ. of Washington 1924, A.M. ibid. 1925

1926-27	Grades
Second Year	Course	Half-Course
Economics 20 (F.W.T.) (2d. hf.)		A
Economics 33¹		A
Economics 39²		A
Summer School 1927
Public Utilities S36 (GBA)	A

Division:
Scholarship, Fellowship:
Assistantship:
Austin Teaching Fellowship:
Instructorship: $700 in Economics. Tutor in Division of History, Government, and Economics, $900
Proctorship:
Degree attained at close of year: A.M.
Accepted for Ph.D., except for French (H.S. only) and German . Oct-16, 1925.

1927-28	Grades
Third Year	Course	Half-Course
Economics 20	A

Division:
Scholarship, Fellowship:
Assistantship:
Austin Teaching Fellowship:
Instructorship: in Economics. Tutor in the Div. of H. G. + E. $2500
Proctorship:
Degree attained at close of year:

1929-30
Fourth Year
Economics 20 (F.W.T.) 1 co.	A

Division:
Scholarship, Fellowship:
Assistantship:
Austin Teaching Fellowship:
Instructorship: in Economics. Tutor Hist, G. + Econ $2700
Proctorship:
Degree attained at close of year: Ph.D.

Home Address: Nov. 1930. 27 University Circle, University, Virginia.

Source: Harvard University Archives. Graduate School of Arts and Sciences. Record Cards of Students, 1895-1930, Cooke—Dyson (UAV 161.2722.5). Box 4, Record Card of Melvin Gardner de Chazeau [formerly, De Shazo].

__________________________

Course Names and Instructors

1925-26

Economics 1a. Principles of Economics. Prof. Taussig and other members of the department for lectures.

Economics 2. Economic History from the Industrial Revolution. Professor Gay.

Economics 11. Economic Theory. Professor Taussig.

Economics 38. Principles of Money and Banking. Professor Young.

Economics 41². Statistical Theory and Analysis. Asst. Professor Crum.

1926-27

Economics 20. Research in Economics (with Professor Frank William Taussig) (2d. hf.)

Economics 33¹. International Trade. Professor Taussig.

Economics 39². International Finance. Associate Professor Williams.

1927 (Summer)

S36 (GBA). Public Utilities. Professor Philip Cabot.

1927-28

Economics 20. Research in Economics.

1929-30

Economics 20. Research in Economics (with Frank William Taussig) 1 co.

Source: Harvard University. Report of the President of Harvard College for 1925-26, 1926-27, 1927-28, 1929-30.

__________________________

Melvin Gardner
de Chazeau
Timeline of his life and career

1900. Born March 20 in Olympia, Washington.

1924. B.A. University of Washington. Summa cum laude. Phi Beta Kappa. [Chicago Tribune, 25 Aug 1946]

1925. M.A. University of Washington.

1927. M.A. in economics, Harvard University.

1930. Ph.D. in economics, Harvard.

1929. Married Eunice Storey (daughter Marian, born 1937).

1930-46. University of Virginia. Assistant professor 1930, associate professor 1931, professor, 1946.

1932-33. Study in England, Scotland, and South Wales of the rationalization of electricity supply in Great Britain as research fellow, Social Science Research Council.

1940-41. National Defense Advisory Commission and Office of Production Management. Steel expert.

1941-42. Office of Price Administration and Civilian Supply. Consultant to Director.

1942. Production Board, Bureau of Planning and Statistics, Materials Division. Director.

1943-45. War Production Board, Program Bureau, Non-military Division. Director.

1945-47. Committee for Economic Development. Research staff.

1946-48. University of Chicago. School of Business. Professor of business economics and marketing.

1949-50. Brookings Institution. economic research.

1948-1967. Cornell University. School of Business and Public Administration. Founding member and Professor of economics and business policy. Retired 1967.

1954-55. Fulbright lecturer at the Copenhagen Graduate School of Business, Denmark.

Represented Cornell at the National Bureau of Economic Research (NBER) for more than a decade (1950s)

1967-70. Taught at Dartmouth College and Cornell.

1985. Died November 28 in Arlington, Virginia.

Consultant (various dates): Treasury Department, Department of Justice, War Production Board, Housing Administration, Council of Economic Advisers (1953), Department of Commerce, Economic Cooperation Administration.

Selected Publications:

1934. “The Rationalization of Electricity Supply in Great Britain,” J. Land & Pub. Util. Econ. (Part I. August; Part II, November).

1937. (with C. R. Daugherty and S. S. Stratton) Economics of the Iron and Steel Industry.

1937. “The Nature of the Rate Base in the Regulation of Public Utilities,” Quarterly J. Econ.

1938. “Public Policy and Discriminatory Prices of Steel : A Reply to Prof. Fetter,” J. Polit. Econ.

1938. “Revision of Railroad Rate Structures,” Southern Econ. J.

1939. (with S. S. Stratton) Price Research in the Steel and Petroleum Industries.

1941. “Electric Power as a Regional Problem,” Southern Econ. J.

1945. “Employment Policy and Organization of Industry after the War,” Am. Econ. Rev.

1946. (with others) Jobs and Markets.

1954. (editor). Regularization of Business Investment.

1956. “Some Gains from Unit Size in Industry,” Social Science.

1973. (with Alfred E. Kahn). Integration and Competition in the Petroleum Industry.

Source: Fellows of the Social Science Research Council, 1925-1951. pp. 87-88. Also see the Cornell University Faculty Memorial Statement.

Image Source: Cornell University Library. Portrait credited to Otis A. Arnst appeared in The Ithaca Journal (29 January 1952; 8 December 1953).

Tags deChazeau

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United States. Courses of Study of Political Economy. 1876 and 1892-93.

Post author By Irwin Collier
Post date 2020-11-22

The first article in the inaugural issue of The Journal of Political Economy, “Courses of Study in Political Economy in the United States in 1876 and in 1892-93,” was written by the founding head of the University of Chicago’s department of political economy, J. Laurence Laughlin. This post provides Laughlin’s appendix that provided information about economics courses taught in 65 colleges/universities in the United States during the last quarter of the 19th century. The bottom line of the table is that “aggregate hours of instruction in 1892-3 [were] more than six times the hours of instruction given in 1876”.

__________________________

“How little Political Economy and Finance were taught only fifteen years ago, as compared with the teaching of to-day, must be surprising even to those who have lived and taught in the subject during that period…. At the close of the war courses of economic study had practically no existence in the university curriculum; in short, the studious pursuit of economics in our universities is scarcely twenty years old. These considerations alone might be reasons why economic teaching has not yet been able to color the thinking of our more than sixty millions of people. But about the close of the first century of our national existence it may be said that the study of Political Economy entered upon a new and striking development. This is certainly the marked characteristic of the study of Political Economy in the last fifteen years. How great this has been may be seen from the tables giving the courses of study, respectively, in about 60 institutions in the year 1876 and in 1892-3. (See Appendix I.) The aggregate hours of instruction in 1892-3 are more than six times the hours of instruction given in 1876.” [Laughlin, p. 4]

__________________________

Courses of Study in Political Economy in the United States in 1876 and in 1892-93.

Note: Returns could not be obtained from Johns Hopkins University, Amherst College, and some other institutions.

Institution.	Description of Courses.	1876.		1892-3.
		No. hours per week.	No. weeks in year.	No. hours per week.	No. weeks in year.
University of Alabama.	Text Book and Lectures, Senior Year Finance and Taxation	— —	— —	4 2	36 36
	[Total hours of instruction per year]	—		216
Boston University.	Principles of Political Economy	—	—	3	20
	[Total hours of instruction per year]	—		60
Bowdoin College, Brunswick, Maine.	Elementary (Required) Advanced (Elective)	5 —	14 —	4 4	12 10
	[Total hours of instruction per year]	70		88
Brown University, Providence, R. I.	Elementary History of Econ. Thought Advanced Course [2^nd] Advanced Course Seminary of History, Pol. Sci., and Pol. Econ.	2½ — — — —	16-17 — — — —	3 3 3 3 2	33-34 11-12 11 11 23
	[Total hours of instruction per year]	40-42½		242-250
University of Chicago, Chicago, Ill.	1. Introductory Political Economy 2. Descriptive Political Economy 3. Advanced Political Economy 4. Industrial and Economic History 5. Scope and Method 6. History of Political Economy 7. Unsettled Problems 8. Socialism 9. Social Economics 10. Practical Economics 11. Statistics 12. Railway Transportation 13. Tariff History of U.S. 14. Financial History of U.S. 15. Taxation 16. Public Debts 17. Seminary	— — — — — — — — — — — — — — — — —	— — — — — — — — — — — — — — — — —	5 4 5 4 4 5 4 4 4 4 4 4 4 4 4 4 4	12 12 12 24 12 12 12 12 12 12 12 12 12 12 12 12 36
	[Total hours of instruction per year]	—		996
Colby University, Waterville, Maine.	Elementary [1^st] Elementary [2^nd] Theoretical Historical	5 — — —	7 — — —	2 2 4 4	13 10 13 10
	[Total hours of instruction per year]	35		138
Columbia College (School of Political Science, New York City.	1. Principles of Political Economy (Element.) 2. Historical Practical Political Economy (Advanced) 3. History of Economic Theory (Advanced) 4. Public Finance (Adv.) 5. Railroad Problems (Adv.) 6. Finan. History of U.S. (Adv.) 7. Tariff History of U.S. (Adv.) 8. Science of Statistics (Adv.) 9. Communism and Socialism (Adv.) 10. Taxation and Distribution (Adv.) 11. Seminarium in Political Economy (Element.) 12. Seminarium in Public Finance and Economy (Adv.) 13. Law of Taxation (Adv.) 3 and 5, 6 and 7, 8 and 9 given in alternate years.	2 — — — — — — — — — — — —	17 — — — — — — — — — — — —	2 3 2 2 2 2 2 2 2 2 2 2	17 34 34 34 25 34 17 34 34 17 34 34 17
	[Total hours of instruction per year]	34		764
Columbian University, Washington, D.C.	Elements of Political Economy	—	—	5	8
	[Total hours of instruction per year]	—		40
Cornell University, Ithaca, N. Y.	1. Elementary Political Economy 2. Advanced Political Economy 3. Finance 4. Financial History 5. Railroad Problems 6. Currency and Banking 7. Economic History 8. Statistics	2 — — — — — — —	11 — — — — — — —	3 2 2 2 2 2 2 1	34 34 34 13 11 10 34 34
	[Total hours of instruction per year]	22		408
Dartmouth College, Hanover, N.H.	1. Elementary 2. Advanced 3. Advanced Finance and Tariff	6 — —	6 — —	6 6 6	6 2/3 4 1/6 3 1/3
	[Total hours of instruction per year]	36		85
University of Denver, Col.	1. Ely’s Introduction 2. Ingram’s History 3. Gilman’s Profit-Sharing 4. Ely, Labor Movement in America 5. Kirkup’s and Rae’s Socialism 6. Finance and Taxation 7. International Commerce	— — — — — — —	— — — — — — —	2 1 1 2 2 4 2	15 5 5 5 5 5 5
	[Total hours of instruction per year]	—		90
DePauw University, Greencastle, Ind.	Economics (Elementary) Seminarium (Advanced)	4 —	12 —	4 2	18 36
	[Total hours of instruction per year]	48		144
Drury College, Springfield, Mo.	Elementary Course	5	6	5	12
	[Total hours of instruction per year]	30		60
Emory College, Oxford, Ga.	Jevons’ Text, and Lectures.	—	—	5	12
	[Total hours of instruction per year]	—		60
Franklin and Marshall College.	Political Economy, (Walker’s)	2	15	2	20
	[Total hours of instruction per year]	30		40
Georgetown College, Ky.	1. General Economics 2. Special Topics	5 —	15 —	3 3	20 20
	[Total hours of instruction per year]	75		120
Harvard University, Cambridge, Mass.	1. Introductory 2. Theory (Advanced) 3. Economic History from 1763 4. Railway Transportation 5. Tariff History of U.S. 6. Taxation and Public Debts 7. Financial Hist. of U.S. 8. Condition of Workingmen 9. Economic Hist. to 1763 10. History of Theory to Adam Smith Seminary	3 3 — — — — — — — — —	30 30 — — — — — — — — —	3 3 3 3 2 3 2 3 3 2 2	30 30 30 15 15 30 15 30 30 15 30
	[Total hours of instruction per year]	180		735
Haverford College, Pa.	Economic Theory	—	—	2	40
	[Total hours of instruction per year]	—		80
Howard University, Washington, D. C.	Elementary	5	10	5	10
	[Total hours of instruction per year]	50		50
Illinois College and Whipple Academy, Jacksonville, Ill.	Newcomb’s Polit. Economy, Seniors	—	—	5	15
	[Total hours of instruction per year]	—		75
University of Illinois, Champaign, Ill.	Senior Class	5	11	5	11
	[Total hours of instruction per year]	55		55
Iowa College, Grinnell, Iowa.	Political Economy Taxation Railroad Problems Socialism	5 — — —	10 — — —	3 3 3 3	37 14 12 11
	[Total hours of instruction per year]	50		222
State University of Iowa, Iowa City, Iowa.	Elements of Economics Currency and Banking Industrial Revolutions of 18^thCentury Recent Econ. History and Theory Railroads, Pub. Regulation of Seminary in Polit. Econ.	5 — — — — —	14 — — — — —	5 5 2 2 2 1	14 11 14 11 10 35
	[Total hours of instruction per year]	70		230
Kansas State Agricultural College, Manhattan, Kan.	Elementary, 4^th year	5	8	5	11
	[Total hours of instruction per year]	40		55
Kansas State University, Lawrence, Kansas.	1. Elements of Political Economy 2. Applied Economics 3. Statistics 4. Land Tenures 5. Finance	5 — — — —	19 — — — —	5 3 2 2 2	19 19 19 19 19
	[Total hours of instruction per year]	95		266
Lake Forest University, Lake Forest, Ill.	1. Elementary 2. Advanced	3 —	11 —	3 3	16 13
	[Total hours of instruction per year]	33		87
Massachusetts Institute of Technology, Boston, Mass.	1. Political Economy, Elem., Junior Year 2. Financial Hist. of U.S., Jun. and Sen. Year 3. Taxation, Junior and Senior Year 4. History of Commerce 5. History of Industry, Junior and Senior Year. 6. Socialism, etc. (Option), Jun. and Sen. Year 7. History of Economic Theory (Opt.), Senior 8. Statistics and Graphic Methods, Junior 9. Statistics and Sociology (Option) Senior	2 — — — — — — — —	15 — — — — — — — —	3 3 3 3 — 3 2 2 3	15 15 15 15 — 15 15 15 15
	[Total hours of instruction per year]	30		375
Michigan Agricultural College.	Primary Course	—	—	5	12
	[Total hours of instruction per year]	—		60
University of Michigan, Ann Arbor, Mich.	1. Elements of Political Economy 2. Elements of Political Economy 3. Hist. Devel. of Industr. Society 4. Finance 5. Problems in Pol. Econ 6. Transportation Problem 7. Land Tenure and Agrarian Movements 8. Socialism and Communism 9. Currency and Banking 10. Tariff History of U.S. 11. Indust. and Comm. Develop. of U.S. 12. History of Pol. Econ. 13. Statistics 15. Economic Thought 16. Labor and Monopoly Problems 17. Seminary in Finance 18. Seminary in Economics 20. Social Philosophy with Economic Relations 21. Current Econ. Legislation and Literature	2½ — — — — — — — — — — — — — — — — — —	18 — — — — — — — — — — — — — — — — — —	3 4 3 4 4 2 2 2 2 2 2 2 1 1 1 2 2 1 2	18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18
	[Total hours of instruction per year]	45		756
Middlebury College, Middlebury, Vermont.	1. Elementary (Junior Class) 2. Advanced (Senior Class) 3. Finance (Senior Class) 4. Seminary	4 4 — —	10 10 — —	3 2 2 1	35 21 14 21
	[Total hours of instruction per year]	80		196
University of Minnesota.	1. Elementary 2. Advanced 3. Am. Pub. Economy 4. Undergraduate Seminary 5. Graduate Seminary	5 — — — —	13 — — — —	4 4 4 2 1	13 13 10 23 36
	[Total hours of instruction per year]	65		226
University of Mississippi, University, Miss.	Advanced	—	—	5	30
	[Total hours of instruction per year]	—		150
Mt. Holyoke College, South Hadley, Mass.	Polit. Econ. (General) Polit. Econ. Seminary	— —	— —	4 2	12 12
	[Total hours of instruction per year]	—		72
College of New Jersey at Princeton.	Pol. Econ. (Elem., Elective) Pol. Econ. (Elem., Required) Finance (Elective) Historics—Econ. Semin.	2 — — —	13 — — —	— 2 2 2	— 16 16 15
	[Total hours of instruction per year]	26		94
College of the City of New York.		—	—	—	16
	[Total hours of instruction per year]	—		48^*
New Hampshire College of Agriculture and Mechanic Arts, Hanover, N. H.	Elementary—Perry or Walker	4	10-12	5	10
	[Total hours of instruction per year]	48		50
Oberlin College, Oberlin, Ohio.	1. Elementary Polit. Econ. 2. Advanced Polit. Econ. 3. Finance 4. History Econ. Thought 5. Economic and Social Problems 6. “Money,” etc.	5 — — — — —	12 — — — — —	5 5 3 3 3 2	11 12 25 13 12 36
	[Total hours of instruction per year]	60		337
Ohio State University.	Elementary Advanced Finance Seminary (Indust. History)	— — — —	— — — —	2 2 2 2	38 26 12 38
	[Total hours of instruction per year]	—		228
Ohio Wesleyan University, Delaware, Ohio.		4	12	4	12
	[Total hours of instruction per year]	48		48
Penn. Military Academy, Chester, Penn.	Elementary	—	—	5	13
	[Total hours of instruction per year]	—		65
University of Pennsylvania, Wharton, School of Finance and Economy, Philadelphia, Penn.	1. Grad. Course in Finance 2. Grad. Course in Theoretical Polit. Econ. 3. Grad. Course in Statistics 4. Elem. Course in Finance 5. Elem. Course in Theoret. Polit. Econ. 6. Elem. Course in Statistics 7. Elem. Course in Practical Polit. Econ. 8. Course in Money 9. Course in Banking 10. Advanced Course in Political Economy 11. Economic History of Europe 12. Grad. Course in Practical Polit. Econ. 13. Econ. and Fin. History of U.S. 14. Grad. Econ. History of the U.S. 15. Grad. English Econ. History from 13^th to 17^th century 16. Modern Econ. History.	— — — — — — — — — — — — — — — —	— — — — — — — — — — — — — — — —	1 2 3 3 2 2 2 2 1 2 3 2 2 4 3 3	30 30 30 30 30 15 15 15 30 30 30 30 30 30 30 30
	[Total hours of instruction per year]	—		1020
Purdue University, Lafayette, Ind.	Elementary Course	—	—	3	19
	[Total hours of instruction per year]	—		57
Randolph Macon College, Ashland, Va.	Elementary	2	32	2	32
	[Total hours of instruction per year]	64		64
University of Rochester, Rochester, N.Y.	Elementary Econ. Polit. History U.S.	5 —	14 —	5 1	14 20
	[Total hours of instruction per year]	70		90
Rutger’s College.	Polit. Econ. (Elementary)	3	12	4	22
	[Total hours of instruction per year]	36		88
Smith College, Northampton, Mass.	Elementary Course Adv. Course in Theory Seminarium Practical Studies	3 — — —	12 — — —	3 3 2 2	14 14 10 12
	[Total hours of instruction per year]	36		128
South Carolina College, Columbia, S.C.	Polit. Econ. Senior Class Applied Polit. Econ.	— —	— —	2 2	40 20
	[Total hours of instruction per year]	—		120
Swarthmore College, Swarthmore, Penn.	Polit. Econ. (Walker) Finance Protection and Free Trade Money and Banking History of Econ. Theories	— — — — —	— — — — —	4 4 4 4 4	20 10 10 10 10
	[Total hours of instruction per year]	—		240
Syracuse University, Syracuse, N.Y.	Elementary Finance Industrial Development since 1850 Seminary	— — — —	— — — —	3 2 2 2	14 10 12 38
	[Total hours of instruction per year]	—		162
University of Tennessee, Knoxville, Tenn.	Elementary Advanced (Post-Graduate)	— —	— —	3 2	20 Varies
	[Total hours of instruction per year]	—		100?
University of Texas, Austin, Texas.	General	—	—	3	36
	[Total hours of instruction per year]	—		108
Trinity College, Hartford, Connecticut.	Elementary Advanced Finance	4 — —	13 — —	3 4 2	17 17 17
	[Total hours of instruction per year]	52		153
Vanderbilt University, Nashville, Tennessee.	Political Economy, Elementary Political Economy, Advanced	3 —	36 —	3 3	36 36
	[Total hours of instruction per year]	108		216
Vassar College, Poughkeepsie, New York.	Principles of Economics Economic History Railroads, Trusts, and Relation of State to Monopolies Labor Problem and Socialism Seminary	— — — — —	— — — — —	3 3 2 2 2	18 18 18 18 18
	[Total hours of instruction per year]	—		216
University of Vermont, Burlington, Vermont.	Elementary Advanced	— —	— —	3 2	20 20
	[Total hours of instruction per year]	—		100
University of Virginia, Charlottesville, Va.	Theory of Economics Science of Society	3 —	26 —	3 2½	16 16
	[Total hours of instruction per year]	78		88
Washington and Jefferson College, Washington, Pa.	Political Economy	3	11	3	16
	[Total hours of instruction per year]	33		48
Washington and Lee University, Lexington, Va.	Elementary Advanced	— —	— —	3 3	14 26
	[Total hours of instruction per year]	—		120
Washington University, St. Louis.	Prescribed Course	3	20	3	20
	[Total hours of instruction per year]	60		60
Wellesley College, Wellesley, Mass.	Industrial History Economic Theory Statistics (Seminary) Socialism (Seminary)	— — — —	— — — —	3 3 3 3	18 18 18 18
	[Total hours of instruction per year]	—		216
Wesleyan University, Middletown, Connecticut.	General Introductory (Sen.) General Introductory (Jun.) Economic Problems	1½ — —	36 — —	2 3 2	36 18 36
	[Total hours of instruction per year]	54		198
West Virginia University, Morgantown, West Virginia.	Elementary Pol. Economy Advanced Pol. Economy	— —	— —	2 2	14 36
	[Total hours of instruction per year]	—		100
Williams College, Williamstown, Mass.	Political Economy	6	14	3	15
	[Total hours of instruction per year]	84		45
University of Wisconsin, Madison, Wis.	Econ. Seminary Distribution of Wealth History of Pol. Econ. Money Public Finance Statistics Recent Econ. Theories Synoptical Lectures Outlines of Economics	— — — — — — — — —	— — — — — — — — —	2 5 5 5 3 3 3 1 4	37 14½ 12 10½ 37 12 14½ 15 37
	[Total hours of instruction per year]	—		612½
Yale University, New Haven, Conn.	Pol. Econ.**—Elem. (2) Pol. Econ.—Adv. (3) Economic History (2) Finance, Public (2) Finance, Corporate (2) Mathematical Theory (1) Seminary Instruction (2)	3 2 — — — —	36 36 36 — — — —	4 3 4 2 3 1 1	36 36 36 36 36 36 36
	[Total hours of instruction per year]	180		648

_{* [College of the City of New York] A few hours additional are given in the work of the Department of Philosophy; the whole number amounting to some 52 or 53.}

_{** [Yale University] Figures in brackets represent numbers of courses under each head.}

Source: Appendix I to “The Study of Political Economy in the United States” by J. Laurence Laughlin, The Journal of Political Economy, vol. 1, no. 1 (December, 1892), pp. 143-151.

Image Source: J. Laurence Laughlin drawn in the University of Chicago yearbook Cap and Gown (1907), p. 208.

Tags Laughlin

Duke Harvard M.I.T. Nebraska Virginia War and Defense Economics

United States. College and University Courses on War Economics, 1942

Post author By Irwin Collier
Post date 2020-07-28

This post is limited to the economics courses reported in a survey conducted in the days and months after the attack on Pearl Harbor that provides an extensive list of “War Courses” offered at U.S. colleges and universities at the time. The post begins with a short description of the survey itself. Next, two tables provide the names of institutions, courses (with descriptions), and instructors together with enrollment statistics. The post ends with a short bibliography of books listed for some of the courses on war economics.

Most of the courses in the survey (and not included here) concern administrative matters such as the procedures governing military procurement. There is at least one course on the economics of war that had been organized at Harvard by Seymour Harris not included in this survey (68 schools did not respond).

_________________________

Not included in the survey

Harvard University. Economic Aspects of War, organized by Seymour Harris, 1940

Final Exam for Economic Aspects of War, 1940

_________________________

How the Study was was Made
[pp. 11-13]

In April, 1942, a study was issued entitled A Report on War Courses offered by Collegiate Schools of Business and Departments of Economics. In this study were presented the combined information sent in by 58 schools and departments listing 196 separate courses. The Department of Commerce in cooperation with the National Conference of State University Schools of Business had distributed these questionnaires to approximately 175 schools on December 11, 1941. The questionnaires called for information on war courses offered after September, 1939.

In May another questionnaire was sent out to approximately the same number of schools of business administration and departments of economics. This questionnaire asked the school to list those war courses which were not reported for inclusion in the April report. Replies were received from 120 schools, 89 of which reported that they were offering war courses not previously reported, and 31 of which reported that they were offering no war courses. Sixty-eight schools did not reply.

Since the questionnaire asked the schools to “include established courses such as Business Policy and Cost Accounting provided they have been reoriented to meet war needs”, the element of judgment enters in to qualify the results. Some schools reported that they had organized no new courses but had reorganized old ones to meet war needs. They felt, however, that the alteration was not great enough to warrant reporting them as war courses. Other schools reported courses which contained in their description very little of a war nature. Courses which it was felt were not primarily war courses were not included in the report. In addition, courses were excluded which it was felt did not fall clearly into the field of business administration and economics.

Any further information which is desired on any of the courses reported here can be secured by writing to the instructor of the particular course. His name appears along with the description of the course.

_________________________

War Courses Offered in Collegiate Schools of Business and Departments of Economics

Economics of War

SCHOOL	COURSE TITLE	WEEKS OF COURSE	HOURS PER WEEK	CREDIT HOURS	ON CAMPUS	SEC-TIONS	STU- DENTS	PREREQ-UISITES*
U. of Akron, Akron, Ohio.	Economics of War	16	2	2	No	1	15	2C
Albright Col., Reading, Pa.	Economic Problems	16	3	3	Yes	1	18	2C
U. of Ariz., School of Bus. & Pub. Admin. Tucson, Ariz.	Economics of War	18	3	3	Yes	1	17	2C
U. of Ariz., School of Bus. & Pub. Admin. Tucson, Ariz.	Geography of War Areas	18	3	3	Yes	—	—	—
Babson Inst., School of Bus. Admin., Wellesley, Mass.	War Economics	12	3	0	Yes	2	40	C
Brooklyn Col., Brooklyn, N.Y.	Econ. of Defense & War	16	3	3	Yes	2	34	2C
Brown U., Dept. of Econ., Providence, R.I.	Economics of War	30	3	6	Yes	1	45	2C
Bucknell U., Dept. of Commerce & Finance, Lewisburg, Pa.	Econ. of Modern War	6	6 ½	3	Yes	1	20	2C
Carleton Col., Dept. of Econ., Northfield, Minn.	Economics of War	18	3	3	Yes	1	—	2C
City College of N.Y., Commerce Center, New York, N.Y.	Price Control Reguls.	6	6	3	Yes	1	39	—
U. of Cincinnati, Col. of Engin. & Commerce, Cincinnati, Ohio.	Economics of War	14	3	3	Yes	2	60	—
U. of Cincinnati, Col. of Engin. & Commerce, Cincinnati, Ohio.	Probs. of War and Reconstruction	14	3	3	Yes	2	60	—
Claremont Col., Claremont, Cal.	America at War: Econ. Org.	6	10	5	Yes	—	—	4
Claremont Col., Claremont, Cal.	War and Economics	15	3	5	Yes	—	—	4
Clark U., Worcester, Mass.	Economics of War	6	5	2	Yes	1	—	2C
Clemson Col., Clemson, S.C.	Economics of War	16	3	3	Yes	1	32	2C
Dartmouth Col., Tech. School of Bus. Admin. Hanover, N.H.	Econ. Prob. of War	13	3	3	Yes	3	100	3C
U. of Detroit, Col. Of Commerce & Fin., Detroit, Mich.	Economics of War	17	3	3	Yes	1	49	2
U. of Detroit, Col. Of Commerce & Fin., Detroit, Mich.	War Finance	6	7	3	Yes	1	—	2
Duke U., Durham, N.C.	Economics of War	18	3	3	Yes	2	55	3
Fenn Col., School of Bus. Admin., Cleveland, Ohio.	Economics of Price Control	10	2	2	Yes	1	—	2C
U. of Fla., Col. of Bus. Admin. Gainesville, Fla.	Economics of Total War	3	3	3	—	—	—	—
Franklin & Marshall Col., Lancaster, Pa.	Econ. History of U.S.	15	3	3	Yes	5	125	—
Franklin & Marshall Col., Lancaster, Pa.	War Economics	15	3	3	Yes	4	110	C
U. of Ga., Athens, Ga.	Advanced Econ. Theory	8	5	5	Yes	1	8	3C
U. of Ga., Athens, Ga.	Economics of War	8	5	5	Yes	2	66	2C
U. of Ga., Col. of Bus. Admin., Athens, Ga.	Econ. of Consumption	12	5	5	Yes	2	40	3C
Hamline U., St. Paul, Minn.	Prins. of Economics	8	3	3	Yes	2	62	1
Harvard Grad. School of Bus. Admin., Boston, Mass.	Banking Probs. and Federal Fin.	16	3	3	Yes	—	—	C
James Millikin U., Decatur, Ill.	Econ. of War and Reconstruction	16	3	3	No	1	24	2C
Loyola U., Dept. of Econ., New Orleans, La.	Economics of War	16	3	3	Yes	1	25	2
Macalester Col., St. Paul, Minn.	Econ Probs. of a War Economy	18	3	3	Yes	—	—	2C
U. of Md., Col. of Commerce, College Park, Md.	Econ. Institutions & War	16	3	3	Yes	—	—	2
Mass. Inst. of Technology, Dept. of Econ. & Soc. Sci., Cambridge, Mass.	Economics of War	15	2	6	Yes	1	35	—
Mass. Inst. of Technology, Dept. of Econ. & Soc. Sci., Cambridge, Mass.	Postwar Econ. Probs.	15	2	6	Yes	—	—	—
Mass. Inst. of Technology, Dept. of Econ. & Soc. Sci., Cambridge, Mass.	Postwar Problems	15	3	9	Yes	—	—	3C
U. of Minn., School of Bus. Admin., Minneapolis, Minn.	Finance	11	3	3	Yes	1	11	3C
U. of Minn., School of Bus. Admin., Minneapolis, Minn.	Our Economic Life	11	3	3	Yes	1	125	—
U. of Minn., School of Bus. Admin., Minneapolis, Minn.	Public Finance	22	3	6	Yes	1	15	4C
Mont. State U., School of Bus. Admin., Missoula, Mont.	War Economics	10	4	4	Yes	1	—	2C
N. Dak. Agri. Col., Dept. of Econ., Fargo, N.D.	War Economics	16	3	3	Yes	1	25	2C
U. of N. Dak., School of Com., Grand Forks, N.D.	Economics of War	8	5	3	Yes	1	21	2C
Okla, A&M, Col., School of Com., Stillwater, Okla.	War and Post-War Econ. Problems	18	3	3	Yes	—	—	3C
U. of Pittsburgh, Pittsburgh, Pa.	War Economics	18	2	2	Yes	2	65	2C
Pomona Col., Claremont, Cal.	Econ. of War & Defense	6	5	3	Yes	1	19	2C
St. John’s U., Collegeville, Minn.	Economics of War	18	3	3	Yes	1	20	2C
U. of S. Dak., School of Bus. Admin., Vermillion, S.D.	Economics of War	18	3	3	Yes	1	25	2C
U. of S. Dak., School of Bus. Admin., Vermillion, S.D.	Money & Banking & War Finance	18	3	3	Yes	—	—	2C
Stanford U., Dept. of Econ., Stanford U., Cal.	American Economy in Wartime	10	5	5	Yes	2	89	2C
Stanford U., Dept. of Econ., Stanford U., Cal.	War Effort	10	4	3	Yes	—	—	—
Stout Inst., Menomonie, Wisc.	War Economics	6	5	5	Yes	1	—	2C
Susquehanna U., Selinsgrove, Pa.	Amer. Probs. in World Relationships	32	2	2	Yes	1	27	1
Temple U., Philadelphia, Pa.	Economic Planning	15	3	3	Yes	1	25	2C
Temple U., Philadelphia, Pa.	Internat. Trade & Commerce	15	3	3	Yes	1	30	2
Transylvania Col., Econ. & Sociology Dept., Lexington, Ky.	Economics of War	18	3	3	Yes	1	18	3C
Villanova Col., Villanova, Pa.	Probs. of Peace After the War	6	5	2	Yes	—	—	—
U. of Va., Charlottesville, Va.	Economics of War	36	3	6	Yes	1	—	2C
U. of Va., Charlottesville, Va.	Prins. of Economics	12	3	2	Yes	2	180	1
State Col. of Wash., School of Bus. Admin., Pullman, Wash.	Econ. & Bus. Tendencies	18	3	3	Yes	1	—	3C
U. of Wash., Col. of Econ. & Bus., Seattle, Wash.	Econ. of Natl. Defense	12	5	5	Yes	1	94	2
U. of Wash., Col. of Econ. & Bus., Seattle, Wash.	World at War	12	5	5	Yes	1	—	—
Western Reserve Univ., Cleveland, Ohio.	Econ. of Natl. Defense	16	4	3	Yes	1	—	2C
Western Reserve Univ., Cleveland, Ohio.	Econ. of War and Reconstruction	15	1 ¾	2	Yes	1	27	2 or E

*Prerequisites:

Numerals—years of college which must have been completed
C—certain courses in the same or allied subjects
E—experience in the field

_________________________

Instructors and course descriptions

SCHOOL	COURSE TITLE	INSTRUCTOR AND COURSE DESCRIPTION
U. of Akron, Akron, Ohio.	Economics of War	Jay L. O’Hara. Economic causes of war; transition from peace to war economy, fiscal and monetary problems of war economy; price control, rationing and priorities.
Albright Col., Reading, Pa.	Economic Problems	John C. Evans. Text supplemented by lectures, readings in economic theory for purposes of orienting the student, and current reading in the better newspapers and periodicals for correlation of current opinions.
U. of Ariz., School of Bus. & Pub. Admin. Tucson, Ariz.	Economics of War	E. G. Wood. An analysis of those economic factors which determine modern war; man power and materials, methods for their mobilization.
U. of Ariz., School of Bus. & Pub. Admin. Tucson, Ariz.	Geography of War Areas	G. Herrech. A course dealing with climatic, topographical and economic factors in war areas. Population characteristics and pertinent matters of history and government will be included, as well as a discussion of the military characteristics of the geographic background. Text material will be newspapers and magazines, and reference work in the library.
Babson Inst., School of Bus. Admin., Wellesley, Mass.	War Economics	James M. Matthews. Introductory analysis of economic causes of war, the economics of the war process, the post-war economic adjustment, war production, labor, wages, finance, prices, consumer control, railroads, electric power, housing, agriculture.
Brooklyn Col., Brooklyn, N.Y.	Econ. of Defense & War	Curwen Stoddart – The economic problems of defense in modern times; the expenditures by countries for armament and defense purposes since 1914 and the economic policies pursued in financing these expenditures. The functioning of the economy under war time controls, including the regulation of prices, production, consumption and finance, the repercussions of war upon neutral countries and the consequences of peace; with special attention to the immediate problems resulting from demobilization of war-time resources.
Brown U., Dept. of Econ., Providence, R.I.	Economics of War	Antonin Basch. Economic mobilization for war. Government controls over production, consumption, foreign trade, prices and wages through monetary policy, fiscal policy, price control, priorities, rationing and foreign exchange control. Economic warfare. Lessons of the first World War. Problems of post-war reconstruction.
Bucknell U., Dept. of Commerce & Finance, Lewisburg, Pa.	Econ. of Modern War	Rudolph Peterson. Problems created by the war in the field of production, distribution, finance, and prices and methods of meeting them.
Carleton Col., Dept. of Econ., Northfield, Minn.	Economics of War	D.A Brown [no course description]
U. of Cincinnati, Col. of Engin. & Commerce, Cincinnati, Ohio.	Economics of War	H.B. Whaling. Inflation and price controls. Fiscal and tax problems, function of the banking system in the war economy, rationing, devices for saving, conversion of peacetime to wartime economy, impact of war economic policies on post war economy.
U. of Cincinnati, Col. of Engin. & Commerce, Cincinnati, Ohio.	Probs. of War and Reconstruction	R.R. McGrane. How the war came to Europe. Problems of financing the war, mobilization of industrial resources, mobilization of public opinion. Problems of peace; what kind of peace does the U.S. want, what will be the position of the U.S. in the new world order?
City Col. of N.Y., Commerce Center, New York, N.Y.	Price Control Regulations	Henry Bund, Joseph Friedlander, Percy J. Greenberg. This laboratory and clinic course to be given by prominent authorities will provide up-to-the minute information and analysis of rulings and interpretations of orders of the Office of Price Administration. The lecturers will concern themselves with the purpose and provisions of the various regulations; individual groups of manufacturers, wholesalers and retailers will receive instruction in the computation of price ceilings for various commodities and how to obtain relief from present regulations which are oppressive; a series of laboratory exercises will be required.
Claremont Col., Claremont, Cal.	America at War: Econ. Org.	Arthur G. Coons [no course description]
Claremont Col., Claremont, Cal.	War and Economics	Walter E. Sulzbach. Emphasis on international aspects of war and economic organization.
Clark U., Worcester, Mass.	Economics of War	S. J. Brandenburg. A descriptive study of public economic policy in relation to war: what economic mobilization for modern war means in terms of labor, resources, civilian and military economic preparation, finance, and private and government enterprise. A study of economic problems to be faced in post war reconstruction will form a final unit of the course.
Clemson Col., Clemson, S.C.	Economics of War	James E. Ward. We deal with the problems of financing a war, production problems, maladjustments caused by war, post-war aspects, etc.
Dartmouth Col., Tuck School of Bus. Admin. Hanover, N.H.	Econ. Prob. of War	George Walter Woodworth. The chief aim of this course is to develop an understanding of how the economic resources of a nation can be most effectively marshalled for total war. First requirements are seen, then the problems of mobilization and conversion of resources. Final section is devoted to post-war problems.
U. of Detroit, Col. Of Commerce & Fin., Detroit, Mich.	Economics of War	Bernard F. Landuyt. An analytical survey of the economic aspects of the preparation for and conduct of war, with particular reference to the participation of the United States in World War II. Attention given to both the armed conflict and the civilian scene.
U. of Detroit, Col. Of Commerce & Fin., Detroit, Mich.	War Finance	Bernard F. Landuyt. A survey of the major aspects of the problem of war finance, with especial reference to the current American problem. Emphasis will be placed on the nature and significance of the problem, the principles basic to its solution, and the effectuation of these principles.
Duke U., Durham, N.C.	Economics of War	Earl J. Hamilton and H. E. von Beckerath [no course description]
Fenn Col., School of Bus. Admin., Cleveland, Ohio.	Economics of Price Control	A. O. Berger. A study of price control in normal times by (a) competition and (b) regulation under monopoly conditions, such as utilities. Price control under conditions of war: the reasons for it, the determination of ceilings, the economic implications.
U. of Fla., Col. of Bus. Admin. Gainesville, Fla.	Economics of Total War	Walter J. Matherly [no course description]
Franklin & Marshall Col., Lancaster, Pa.	Econ. History of U.S.	Harold Fischer and Noel P. Laird. A study of the factors in the economic development of the United States, with special attention to these factors as they influenced America’s rise to the rank of a world power. A history of the evolution of the economic life of the American people. Emphasis on problems involved in our adjustments to a war economy.
Franklin & Marshall Col., Lancaster, Pa.	War Economics	Noel P. Laird. A careful analysis of such economic problems as agriculture, consumers’ needs, price, banking, public finance, labor, transportation, and unemployment. Special attention will be given to war economy with emphasis on priorities, rationing, and government control over production, distribution, consumption, finance and other economic activities. A survey of the economic problems created by the war.
U. of Ga., Athens, Ga.	Advanced Econ. Theory	E. C. Griffith. The course deals with monopolistic competition and the problems of government regulation of prices; special emphasis is given to specific industries such as the iron and steel industry. Special attention will be given in 1942 to government control of inflation, rationing, and antitrust policy in a period of war.
U. of Ga., Athens, Ga.	Economics of War	Robert T. Segrest. Economic problems and policies of nations in wartime. Post-war problems with special emphasis on the United States.
U. of Ga., Col. of Bus. Admin., Athens, Ga.	Econ. of Consumption	John W. Jenkins. National economy from the interests of the consumer, before the war, now and in the post-war world.
Hamline U., St. Paul, Minn.	Prins. of Economics	C. B. Kuhlmann. War economics is given as the last 8 weeks of the course in principles of economics.
Harvard Grad. School of Bus. Admin., Boston, Mass.	Banking Problems and Federal Finance	Ebersole and D.T. Smith. Financing of the Federal Treasury during the present war is the over-shadowing concern of business, finance, and banking. Current activities of the Treasury are studied in relation to fiscal policy, and bank operations. Indispensable background is covered in two parts: bank portfolios and bank relations, with emphasis upon government relations arising out of government lending corporations, financing Federal deficits by bond issues sold to banks or to the public, and central bank and money management policies of the Treasury and Federal Reserve system.
James Millikin U., Decatur, Ill.	Econ. of War and Reconstruction	M. E. Robinson. An analysis of the fundamental framework of the war economy. Problems of finance, population, prices, civilian production, and procurement as affected by war. Study of our efforts to convert and produce for war in contrast to those of other nations. Brief study of the economic structure and problems of a post-war economy. Much of the course will be devoted to a study of sources, propaganda, and war annals.
Loyola U., Dept. of Econ., New Orleans, La.	Economics of War	John Connor. Economic factors in war: strategic materials; man power; production and consumption controls; price regulations; financing; post-war problems, etc.
Macalester Col., St. Paul, Minn.	Econ Probs. of a War Economy	Forrest A. Young. Modern warfare and the economic system; economic warfare; critical and strategic raw materials; maximizing production; foreign trade and shipping; labor and wage policies; housing difficulties; priorities, allocations, rationing and demand controls; direct and indirect price control and bases of price fixing; fiscal policy and war financing; problems of postwar readjustment.
U. of Md., Col. of Commerce, College Park, Md.	Econ. Institutions & War	G. A. Costanzo. An analysis of the Economic causes and problems of war. Industrial mobilization; theory and techniques of price control; banking and credit control; war finance; international trade and foreign exchange controls; economic sanctions and autarchy; and the problems of readjustment in a post-war economy.
Mass. Inst. of Technology, Dept. of Econ. & Soc. Sci., Cambridge, Mass.	Economics of War	Ralph E. Freeman. A study of the economic changes resulting from the adjustment of industry to the demands of War, and the impact of these changes on business stability, standards of living and methods of social control.
Mass. Inst. of Technology, Dept. of Econ. & Soc. Sci., Cambridge, Mass.	Postwar Econ. Probs.	Richard M. Bissell. A study of the economic difficulties that are likely to arise after the war, and of policies that may be adopted to cope with them.
Mass. Inst. of Technology, Dept. of Econ. & Soc. Sci., Cambridge, Mass.	Postwar Problems	Richard M. Bissell. A study of the economic problems involved in maintaining national income and employment under the conditions that are likely to prevail after the war.
U. of Minn., School of Bus. Admin., Minneapolis, Minn.	Finance	J. Warren Stehman. Reconstruction Finance Corporation, Commodity Credit Corporation, Federal Housing Administration Title VI, governmental financial policies to control prices, war finance and its effects upon business policy and upon investments. Probably fifty percent of the course dealt with financial material related directly to the war effort and fifty percent not so related.
U. of Minn., School of Bus. Admin., Minneapolis, Minn.	Our Economic Life	Helen G. Canoyer. Although the title of the course was not changed, due to an action of the advisory committee of General College, the committee did agree to a change in the emphasis of the course to war economics.
U. of Minn., School of Bus. Admin., Minneapolis, Minn.	Public Finance	Roy G. Blakey. Each meeting was a discussion led by one of the members of the seminar. All were assigned certain basic readings and each was required to write a term paper or thesis on a phase of the subject selected by him in consultation with the instructor.
Mont. State U., School of Bus. Admin., Missoula, Mont.	War Economics	Roy J. W. Ely. The course is a study of the various factors that appear to lead to war; pre-war preparations; an analysis of war economy; and post-war adjustments.
N. Dak. Agri. Col., Dept. of Econ., Fargo, N.D.	War Economics	Paul E. Zerby. Causes of war; economic means of warfare; economic problems and adjustments of post-war period; money and banking, public finance, labor, international economic policies, government and business.
U. of N. Dak., School of Com., Grand Forks, N.D.	Economics of War	S. Hagen. The course covers the steps by which a peace economy is transferred into a war economy. The controls instituted by the government to direct economic activity during the war period are studied and compared with peace time controls. Special attention is given to such topics as priorities, price-ceilings, war finance, labor management, lend-lease, and post-war problems.
Okla, A&M, Col., School of Com., Stillwater, Okla.	War and Post-War Econ. Problems	R. H. Baugh. An analysis of the impact of war on economic arrangements and processes; deals with such problems as the conversion of industry to war production, war-time labor issues, inflation, financing the war, rationing, conversion of war production to peace-time production, post-war employment, and international trade from the war.
U. of Pittsburgh, Pittsburgh, Pa.	War Economics	M. K. McKay. Emphasis is given to the problems emerging in the transition from peace to war. Special consideration is directed to war production, the role of the consumer and the various regulatory measures introduced by the government. Finally, post-war problems were viewed.
Pomona Col., Claremont, Cal.	Econ. of War & Defense	Kenneth Duncan. The economic problems and policies of a nation at war. Attention, is given to the economic forces contributing to war and to the strategy of international markets, materials, and shipping. The shift to a war economy and the war-time control over production, labor, prices, and consumer demand. War finance and inflation. Problems of demobilization and post-war economic planning.
St. John’s U., Collegeville, Minn.	Economics of War	Linus Schieffer. This course is designed to examine the repercussions upon the economy of the nation of a total war effort such as modern war entails. It investigates the problem of conversion of plant and resources, the dangers of inflation, the influence of strategic materials. It likewise spends some time discussing the postwar consequences of such a wholesale conversion of the national economy.
U. of S. Dak., School of Bus. Admin., Vermillion, S.D.	Economics of War	Claude J. Whitlow. Economic causes of war; nature of total war; man-power regulation and total war; war effort in real terms; price system under impact of war; labor problems in war time; war-time control of production and consumption; public finance and war; international relations during and after a period of war; post-war economic problems.
U. of S. Dak., School of Bus. Admin., Vermillion, S.D.	Money & Banking & War Finance	E. S. Sparks [no course description]
Stanford U., Dept. of Econ., Stanford U., Cal.	American Economy in Wartime	B. F. Haley, K. Brandt, W. S. Hopkins. War economics of raw materials, labor resources and policy in the war economy; transportation in World Wars I and II; business organization and policy; controls in the war economy, international aspects of the war effort; consumption and living standards in the war economy.
Stanford U., Dept. of Econ., Stanford U., Cal	War Effort	Staff. Lectures in all phases of the national war effort.
Stout Inst., Menomonie, Wisc.	War Economics	A. Stephen Stephan. The change from peace-time to war-time economy and the problems involved. The war and its effect on industry and consumers. Problems of war production, financing the war, price control, economic regulations and civilian morale.
Susquehanna U., Selinsgrove, Pa.	Amer. Probs. in World Relationships	W. A. Russ, H. A. Heath. A survey of the problems confronting the United States in her present day relationships with Europe, the Far East, and Latin America. These problems will be discussed, from the standpoint of relationships in economics, science, history and government. The second semester surveyed the economic relationships of war.
Temple U., Philadelphia, Pa.	Economic Planning	Russell H. Mack. Examination of the chief problems of production, pricing, and distribution arising under capitalism and planned economy. Special emphasis on the problems and techniques of war-time price control and rationing.
Temple U., Philadelphia, Pa.	Internat. Trade & Commerce	Grover A. J. Noetzel. The fundamental principles of international commerce. Special emphasis throughout upon the disorganizing effects of the present war upon world commerce. Proposed plans of reconstruction of post-war trade.
Transylvania Col., Econ. & Sociology Dept., Lexington, Ky.	Economics of War	W. Scott Hall. Background of nature and causes of war, economic factors in the causation, preparation for, and waging of war, economic effects of war. Emphasis on term paper.
Villanova Col., Villanova, Pa.	Probs. of Peace After the War	Edward J. McCarthy. An historical survey of the various efforts to organize states for economic and political purposes. Religious, social, economic and political problems facing nations at war are considered together with the several plans for post-war organization now being offered.
U. of Va., Charlottesville, Va.	Economics of War	David McC. Wright. Production for war, labor supply, price control, war finance, changes in the structure of the economy, post-war reconstruction, etc.
U. of Va., Charlottesville, Va.	Prins. of Economics	Tipton R. Snavely, D. Clark Hyde [no course description]
State Col. of Wash., School of Bus. Admin., Pullman, Wash.	Econ. & Bus. Tendencies	[No instructor named] Basic tendencies, in economic and business ideas and institutions. The effect of the war on economic change and the environment of business enterprise. The objectives and policies of government. Problems of post-war institutional adjustments.
U. of Wash., Col. of Econ. & Bus., Seattle, Wash.	Econ. of Natl. Defense	Harold G. Moulton and Howard H. Preston. Analysis of the problems arising from our national defense program, including organization of production, procurement of materials, financing industrial expansion, monetary issues, price control methods, labor relations, international exchange, fiscal policy of the government.
U. of Wash., Col. of Econ. & Bus., Seattle, Wash.	World at War	Staff. Factual information on the background of the present war, the ideological conflict; the fundamentals of military and naval strategy, economics and war, and the essentials of planning for peace.
Western Reserve Univ., Cleveland, Ohio.	Econ. of Natl. Defense	Russell Weisman. The problems of industrial mobilization. Priorities, allocations, and price control. Methods of financing – taxation, public borrowing, fiat money and credit. Economic policies of the leading nations in World War I and II.
Western Reserve Univ., Cleveland, Ohio.	Econ. of War and Reconstruction	Warren A. Roberts. An analysis of the steps involved in the conversion to war effort, and the effects upon business. An examination of the economic program of Germany and England and a comparison of policies of labor representation, of personnel conversion from normal occupations, of stages of development of war finance, and of uses of compulsory loans. A brief consideration of post-war problems.

_________________________

Bibliography
Texts used in War Courses Offered by Collegiate Schools of Business and Departments of Economics

ECONOMICS OF WAR

Atkins, W. E. (Editor). Economic Behavior. Houghton Mifflin Co., Boston, 1931, 1079 p., $8.50.

Backman, Jules. Wartime Price Control and the Retail Trade. National Retail Dry Goods Association, New York, 1910, 48 p., $.10.

Baruch, Bernard M. American Industry in the War. Prentice-Hall, Inc. New York, 1941498 p., $3.75.

Boulding, Kenneth Ewart. Economic Analysis. Harper and Bros., New York, 1941, 809 p., $4.25.

Brown University Economists, A. C. Neal (Editor). Introduction to War Economics. Richard D. Irwin, Inc., Chicago, 1942, $1.25.

Burnham, James. Managerial Revolution. John Day Company, Inc., New York, 1941, 285 p., $2.50.

Chamberlin, Edward. Theory of Monopolistic Competition. Harvard University Press, Cambridge, 1938, 241 p., $2.50.

Condliffe, John Bell. The Reconstruction of World Trade; A Survey of Industrial Economic Relations. W. W. Norton, Inc., New York, 1940, 427 p., $3.75.

Fairchild, F. R.; Furniss, E. S. and Buck, N. S. Economics. Macmillan Co., New York, 1940, 828 p., $3.00.

Faulkner, Harold Underwood. Economic History of the United States. Macmillan Co., New York, 1937, 319 p., $.80.

Fraser, Cecil E. and Teele, Stanley F. Industry Goes to War; Readings on American Industrial Rearmament. McGraw-Hill Book Company, New York, 1941, 123 p., $1.50.

Hardy, C. O. Wartime Control of Prices. Brookings Institution, Washington, D. C., 1940, 216 p., $1.00.

Harris, Seymour E. Economics of American Defense. W. W. Norton and Company, Inc., New York, 1941, 350 p., $3.50.

Lorwin, Louis L. Economic Consequences of Second World War. Random House, New York, 1941, 510 p., $3.00.

Meade, J. E.; and Hitch, C. J. Introduction to Economic Analysis and Policy. Oxford University Press, New York, 1938, 428 p., $2.50. Mendershausen, Horst. Economics of War. Prentice-Hall, Inc., New York, 1940, 314 p., $2.75.

Nelson, Saul and Keim, Walter G. Price Behavior and Business Policy (T.N.E.C. Monograph No. 1) U. S. Government Printing Office, Washington, D. C., 1940, 419 p., $.45.

Pigou, A. C. The Political Economy of War. MacMillan and Company, London, 1921, 251 p., $3.25.

Robbins, Lionel Charles. Economic Causes of War. Macmillan Co., New York, 1939, 124 p., $1.35.

Robinson, Joan. The Economics of Imperfect Competition. Macmillan and Co., London, 1934, 352 p., $4.50.

Spiegel, Henry William. Economics of Total War. D. Appleton-Century Co., New York, 1942, 410 p., $3.00.

Stein, Emanuel and Backman, Jules. War Economics. Farrar and Rinehart, Inc., New York, 1942, 501 p., $3.00.

Steiner, George A. and Associates. Economic Problems of War. John Wiley and Sons, Inc., New York, 1942, 676 p., $3.50.

Steiner, W. H. Economics of War. Farrar and Rinehart, Inc., New York, 1942, 250 p., $3.00.

Vaile, Roland Snow; and Canoyer, Helen G. Income and Consumption. H. Holt and Co., New York, 1938, 394 p., $2.25.

Waller, Willard Walter (Editor). War in the Twentieth Century. Random House, Inc., New York, 1940, 572 p., $3.00.

Zimmermann, Erich W. World Resources and Industries; A Functional Appraisal of the Availability of Agricultural and Industrial Resources. Harper and Bros., New York, 1934, 842 p., $4.00.

Source: U.S. Department of Commerce, Bureau of Foreign and Domestic Commerce. Supplementary Report on War Courses offered by Collegiate Schools of Business and Departments of Economics. Washington, D.C.: August 1942. Pages 11-13, 20-25, 45-89, 94-96.

Image Source: U.S. National Archives and Records Administration. “Buy War Bonds” (Uncle Sam). Wikimedia.

Tags Bissell, FreemanRE, Haley, Hamilton, Harris, Moulton

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

Post author By Irwin Collier
Post date 2020-02-22

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

The College of William and Mary. Herbert B. Adams (1887)
Thomas Jefferson and the University of Virginia. Herbert B. Adams (1888)
History of Education in North Carolina. Charles L. Smith (1888)
History of Higher Education in South Carolina. C. Meriwether (1889)
Education in Georgia. Charles Edgeworth Jones (1889)
Education in Florida. George Gary Bush (1889)
Higher Education in Wisconsin. William F. Allen and David E. Spencer (1889)
History of Education in Alabama. Willis G. Clark (1890).
History of Federal and State Aid to Higher Education. Frank W. Blackmar (1890)
Higher Education in Indiana. James Albert Woodburn (1891).
Higher Education in Michigan. Andrew C. McLaughlin. (1891)
History of Higher Education in Ohio. George W. Knight and John R. Commons (1891)
History of Higher Education in Massachusetts. George Gary Bush (1891)
The History of Education in Connecticut. Bernard C. Steiner (1893)
The History of Education in Delaware. Lyman P. Powell (1893)
Higher Education in Tennessee. Lucius Salisbury Merriam (1893)
Higher Education in Iowa. Leonard F. Parker (1893)
History of Higher Education in Rhode Island. William Howe Tolman (1894)
History of Education in Maryland. Bernard C. Steiner (1894).
History of Education in Lousiana. Edwin Whitfield Fay (1898).
Higher Education in Missouri. Marshall S. Snow (1898)
History of Education in New Hampshire. George Gary Bush (1898)
History of Education in New Jersey. David Murray (1899).
History of Education in Mississippi. Edward Mayes (1899)
History of Higher Education in Kentucky. Alvin Fayette Lewis (1899)
History of Education in Arkansas. Josiah H. Shinn (1900)
Higher Education in Kansas. Frank W. Blackmar (1900)
The University of the State of New York. History of Higher Education in the State of New York. Sidney Sherwood (1900)
History of Education in Vermont. George Gary Bush (1900)
History of Education in West Virginia. A. R. Whitehill (1902)
The History of Education in Minnesota. John N. Greer (1902)
Education in Nebraska. Howard W. Caldwell (1902)
A History of Higher Education in Pennsylvania. Charles H. Haskins and William I. Hull (1902)
History of Higher Education in Colorado. James Edward Le Rossignol (1903)
History of Higher Education in Texas. J. J. Lane (1903)
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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Economics Faculty Salaries for 15 U.S. universities. Hart Memo, April 1961

Post author By Irwin Collier
Post date 2018-05-07

Here we have a memo written by member of the Columbia University economics department executive committee, Albert G. Hart, that presents the results of what appears to be his informal polling of the chairpersons of 21 departments. Fifteen of the departments provided the salary ranges at four different ranks. No further details are provided, this one page memo was simply filed away in a folder marked “memoranda”. Maybe there is more to be found in Hart’s papers at Columbia University. Up to now I have only sampled Hart’s papers for teaching materials and perhaps next time, I’ll need to look into his papers dealing with departmental administrative affairs.

For a glance at salaries about a half-century earlier: Professors and instructors’ salaries ca. 1907.

________________

AGH [Albert Gailord Hart] 4/21/61

CONFIDENTIAL information on economic salaries, 1960-61, from chairmen of departments

Institution	Professors	Associate professors	Assistant professors	Instructors
Harvard	$12,000-22,000	$9,000-12,000	$7,500-8,700	$6,500
Princeton	$12,000-…?…	$9,000-11,500	$7,000-8,750	$6,000-6,750
California	$11,700-21,000	$8,940-10,344	$7,008-8,112	$5,916-6,360
MIT	$11,000-20,000	$8,000-11,000	$6,500-9,000	$5,500-5,750
Minnesota	$11,000-18,000	$8,500-11,000	$6,800-8,400	?
COLUMBIA	$11,000-20,000	$8,500-10,000	$6,500-7,500	$5,500-5,750
Northwestern	$11,000-…?…	$8,000-11,000	$6,800-7,500	?
Duke	$11,400-16,000	$8,200-10,000	$7,200-8,200	$5,800-6,500
Illinois	$11,000-15,000	$7,500-10,000	$6,900-8,600	$6,500-7,100
Cornell	$10,000-15,000	$8,000-10,000	$6,500-7,500	$5,500-6,500
Indiana	$10,000-14,800	$8,300-10,000	$6,500-7,500	?
Michigan	$10,000-…?…	$8,700-..9,500	$6,600-8,000	$5,000
Virginia	$..9,800-15,000	$7,800-..9,800	$6,600-7,800	?
Wisconsin	$..9,240-16,150	$8,000-..9,000	$6,550-8,460	$5,250-5,450
Iowa State (Ames)	$..8,500-13,000	$7,500-..8,500	$6,700-8,000	$4,700-6,600

[…]

Note: The following institutions for which data were not included in the source materials are believed to pay their economists at scales at or above the Columbia level:

Carnegie Tech
Chicago
Johns Hopkins
Stanford
Yale
UCLA

[…]

Source: Columbia University Archives. Columbia University, Department of Economics Collection. Carl Shoup Materials: Box 11, Folder: “Economics—Memoranda”.

Tags HartAG

Berkeley Carnegie Institute of Technology Chicago Colorado Columbia Cornell Duke 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 Salaries Stanford Texas Vanderbilt Virginia Wisconsin Yale

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

Post author By Irwin Collier
Post date 2017-05-16

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.

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

Post author By Irwin Collier
Post date 2017-05-15

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.

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

Post author By Irwin Collier
Post date 2017-05-14

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”.

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

Post author By Irwin Collier
Post date 2017-05-13

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.

1925 Rankings

1957 Rankings

1964 Rankings

1969 Rankings

Graduate Programs in Economics (1957, 1964, 1969)

HARVARD UNIVERSITY DIVISION OF HISTORY, GOVERNMENT, AND ECONOMICS

Application for Candidacy for the Degree of Ph.D.

Certification of reading knowledge of French and German for Ph.D.

HARVARD UNIVERSITY Department of Economics

Passed General Examination

HARVARD UNIVERSITY Department of Economics

Passed Special Examination

HARVARD UNIVERSITY Department of Economics

THE GRADUATE SCHOOL OF ARTS AND SCIENCES Record of Melvin Gardner de Chazeau

1925-26

Grades

1926-27

Grades

1927-28

Grades

1929-30

Course Names and Instructors

1925-26

1926-27

1927 (Summer)

1927-28

1929-30

Melvin Gardner de Chazeau Timeline of his life and career

Selected Publications:

Courses of Study in Political Economy in the United States in 1876 and in 1892-93.

Not included in the survey

How the Study was was Made [pp. 11-13]

War Courses Offered in Collegiate Schools of Business and Departments of Economics

Economics of War

Instructors and course descriptions

Bibliography Texts used in War Courses Offered by Collegiate Schools of Business and Departments of Economics

ECONOMICS OF WAR

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

AGH [Albert Gailord Hart] 4/21/61

CONFIDENTIAL information on economic salaries, 1960-61, from chairmen of departments

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

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

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

____________________

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

(1) Median Salaries All Assistant Professors

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

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

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

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

Graduate Programs in Economics
(1957, 1964, 1969)

HARVARD UNIVERSITY
DIVISION OF HISTORY, GOVERNMENT, AND ECONOMICS

Certification of reading knowledge
of French and German for Ph.D.

HARVARD UNIVERSITY
Department of Economics

HARVARD UNIVERSITY
Department of Economics

HARVARD UNIVERSITY
Department of Economics

THE GRADUATE SCHOOL OF ARTS AND SCIENCES
Record of
Melvin Gardner de Chazeau

Melvin Gardner
de Chazeau
Timeline of his life and career

How the Study was was Made
[pp. 11-13]

Bibliography
Texts used in War Courses Offered by Collegiate Schools of Business and Departments of Economics

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

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

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

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

(1)
Median Salaries
All Assistant Professors

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

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

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

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