Categories
Economists Harvard

Harvard. Ph.D. alumnus, Abram Bergson. SSRC, 1946-47

 

Abram Bergson was the venerable dean of Soviet economic studies in the United States. During my undergraduate and graduate days, I was assigned in four different courses one chapter from his magnum opus, The real national income of Soviet Russia since 1928 (Cambridge, Harvard, University Press, 1961). In that chapter Bergson provided an exposition of Richard Moorsteen’s economic theory of quantity indexes. In comparison John Rawls’ Theory of Justice was only assigned in three of my undergraduate and graduate courses! I cross-registered from MIT for Bergson’s seminar in socialist economics at Harvard during the Spring semester of 1975 with the ulterior motive of obtaining a Harvard library card.

In point of fact, I had first encountered the work of Abram Bergson several years earlier. During my freshman year at Yale (1969-70), I was assigned Francis Bator’s article on the simple analytics of welfare maximization in which Bergson’s concept of the Social Welfare Function was discussed [A. Burk (Bergson) “A Reformulation of Certain Aspects of Welfare Economics,” Quarterly Journal of Economics, Feb. 1938, LII, 310-14].

Paul Samuelson, who was a graduate student of economics at Harvard with Bergson, was a tireless champion of his friend’s contribution to welfare economics. See, Paul A. Samuelson, “Abram Bergson, 1914-2003: A Biographical Memoir”, in National Academy of Sciences, Biographical Memoirs, Volume 84 (Washington, D.C.: 2004).

For Bergson’s work in Soviet Economic Studies see John Hardt, “Abram Bergson’s Legacy: 1914-2003”.

Today’s artifact is a Social Science Research Council biographical note for Abram Bergson, 1946-47 fellow.

_________________________

Bergson, Abram
Demobilization Award 1946-47

b. Baltimore, Md. April 21, 1914. m. Rita S. Macht 1939. c. Judith 1940, Emily 1946, Lucy 1948. B.A. 1933, Johns Hopkins; Ph.D. 1940, Harvard, economics. Instructor 1937-38, 1939-40, Harvard; assistant professor 1940- 42, University of Texas; economist 1942-46, chief 1944-46, Economics Subdivision, USSR Division, Office of Strategic Services; visiting associate professor 1946-47, associate professor 1947-50, professor of economics 1950—, Columbia University, New York 27. Home: 35 Claremont Ave. New York 27.

Sheldon Travelling Fellow summer 1937, 1938-39, Harvard. Consultant: Department of State 1944-46, 1948—; Rand Corporation 1948—; Operations Research Office, Johns Hopkins University, 1949. Member of American Delegation to Reparations Conference 1945, Moscow. Publications: “Incidence of an Income Tax on Savings,” Quar. J. Econ. 1942; “Distribution of the Earnings Bill among Industrial Workers in the Soviet Union,” J. Polit. Econ. 1942; “Prices, Wages and Income Theory,” Econometrica 1942; “Price Flexibility and the Level of Income,” Rev. Statis. 1943; The Structure of Soviet Wages: A Study in Socialist Economics 1944; “The Fourth Five Year Plan: Heavy versus Consumers’ Goods Industries,” Polit. Sci. Quar. 1947; “A Problem in Soviet Statistics,” Rev. Econ. Statis. 1947; “Soviet Defense Expenditures,” For. Affairs 1948; “Socialist Economics” in A Survey of Contemporary Economics (ed. H. Ellis) 1948; (with J. Blackman and A. Erlich) “Russian Postwar Reconstruction and Development,” The Annals 1949. Fellowship program: research in Washington on Soviet economy.

 

Source: Fellows of the Social Science Research Council, 1925-1951. New York: 1951, p. 30.

 

 

 

 

 

Categories
Chicago Economists Harvard Yale

Harvard. Mason, Domar and Samuelson at Metzler Memorial Service, 1980

 

These memorial remarks for Lloyd Metzler come from Evsey Domar’s papers. Edward S. Mason and Evsey D. Domar’s remarks have been transcribed in full. I have only provided excerpts of those by Paul Samuelson that were published later in Vol. V of his Collected Scientific Papers. The common denominator of all three remembrances is that Metzler was an outlier among economists both with respect to his analytical abilities and contributions to economics as well with respect to his uncommon utter decency. It appears even back then, nice guys in economics attracted as much attention as an albino moose today. Samuelson’s speculative remark regarding Metzler’s assignment to the “Burbank ghetto” is priceless as is his recounting of Keynes’ less than sage advice to Sidney Alexander.

___________________

LLOYD A. METZLER
1913-1980
by Edward S. Mason

We are here to celebrate the life of Lloyd Metzler who gave comfort and pleasure not only to his family but to a host of friends. In the six short years he was at Harvard, he made a name for himself as a scholar of promise and a man to whom others turned for help and companionship.

Lloyd took his first degree at the University of Kansas and studied under a man who was my own teacher and who taught John Lintner and a number of others who later came to Harvard. I’d like to say a word about this man, John Ise, who left his imprint on Lloyd, on me, and on all those who passed through his hands. Ise was one of five children who grew up on the Kansas prairies just after the Sod House days that he later wrote about. All of these children went through the University and all made their mark in life. He was a strong man who fought for his unpopular opinions and encouraged his students to strike out for themselves. I know he impressed Lloyd as much as he did me.

After teaching two years at Kansas, Lloyd came to the Graduate School at Harvard in 1936. It was an interesting period in Cambridge and in the Department of Economics. The old guard was leaving the Department and a new crew coming in. Taussig, Carver, and Bullock retired; Ripley died; and Gay left for the Huntington library. These were the stalwarts who had dominated the Department since 1900. Early in the 1930s, Schumpeter, Leontief, and Haberler joined the Department and, later, Hansen, Schlichter, and Black. They were a vigorous crew. Lloyd early discovered his major interest in international trade and worked, in particular, with Hansen and Haberler. Harvard economics was also fortunate in attracting during that period a number of exceptional graduate students, a number of whom are here with us today. I am sure that Lloyd learned as much from them as from his teachers and, in the process, gave as much as he took.

The 1930s were also a period of upheaval in the country and in the University. In some respects it resembled the late 1960s though the protagonists and antagonists were not as strident or violent. It was a period when new ideas percolated the environment and questions of public policy were much to the fore. The influence of Keynes dominated the last few years of the decade, and Lloyd soon found himself in the middle of Keynesian controversies.

After leaving Harvard in 1942, he spent a year as a Guggenheim Fellow and then joined the Office of Strategic Services for a year. Although OSS had a good stable of economists, I am sure that he felt more at home at the Federal Reserve Board where he served from 1944 to 1946. After that a brief period at Yale, and then the University of Chicago where he was a distinguished member of the Economics Department for the rest of his life.

I leave it to others to comment on his considerable scholarly accomplishments, but want to say something about how Lloyd impressed me as a young man. He was obviously much more than an economist, with deep interests in music and literature. He was a cultivated man who in some respects reminded me of Allyn Young who also had a great interest in music and who, for a brief moment in the 1920s, shed his light on Harvard. Young looked more like a poet than an economist though I admit it is difficult for me to describe just what an economist is supposed to look like. Lloyd was a sensitive gentleman with a gift for friendship. Everyone who knew him like him and all of us join Edith in deeply mourning his departure.

 

ON LLOYD METZLER
by Evsey D. Domar

Last Sunday, The New York Times reviewed another book on President Truman. He is a gold mine for historians. A man of modest ability, yet a good president. Well, perhaps not quite so good… On the other hand, by comparison with our presidents in the recent past and, may I add, expected in the near future, a giant indeed… Many contradictions in his character and performance and so on. Could you find a better man to write about?

Lloyd Metzler does not offer such wonderful opportunities. As I look back over nearly forty years since I first met him, I don’t find contradictions either in his character nor in his actions; what stands out is a man of rare intellectual ability, remarkable modesty and much kindness.

Over my lifetime I have known a number of very bright people, including some economists; and a number of very modest and kind people, also including some economists. But I have never met one who could excel Lloyd in the combination of ability, modesty and kindness.

This was true at Harvard where he was finishing his thesis when I first met him in 194’ [sic]. If a visitor asked then, “Who is your brightest graduate student?” the answer, without any hesitation was “Lloyd Metzler, of course.” If the question was, “Who is your nicest graduate student?” the answer was once again, “Lloyd, of course.” Ant the same was true at the Federal Reserve where he spent a couple of years during the War. It was true in his office, in the cafeteria, in the afternoon math class which he gave for the staff, and outside of that marble building which has lately appeared several times on TV. (Hard to believe now that in those days the interest rate of government securities was something like 2½ per cent.)

As Solzhenitsyn said, he “was the one righteous person without whom, as the saying goes, no city can stand. Neither can the whole world.”

 

LLOYD METZLER
(April 3, 1913—October 26, 1980)
by Paul A. Samuelson

[Excerpts]

That we should hold this memorial service in the Harvard Yard is fitting. Widener Library was Lloyd’s first stamping grounds after he came to Harvard in 1937 from Kansas. Later, when the Littauer building was new, he switched his battleground to the other side of where we now meet. In my mind’s eye, I can still see Lloyd Metzler walking across the Harvard Yard, with his little dachshund in tow, engaged in animated badinage with Bob Bishop or Dan Vandermeulen. A young resident of Winthrop House, destined to be president of the United States [John F. Kennedy], used to be disturbed in his studies by our revels in Lloyd’s Winthrop House tutorial suite.

…To be near K.U., the family finally moved to Lawrence, Kansas. There the spellbinder populist, John Ise, rescued Lloyd from the swamp of the business school. Just as Ise had done with Ed Mason, and as he was to do with John Lintner, Challis Hall, and a host of other sons of the middle border, Ise sent Metzler on to his old graduate student at Harvard.

Harold Hitchings Burbank, noting the Germanic “z” in Lloyd’s name and recognizing his egregious talent, probably mistook him for a Jew…Like other able people Burbank didn’t favor, Lloyd was put in the galleys of Frickey and Crum, to serve as assistant in the undergraduate courses in statistics and accounting. Since I never had that honor, I can with good grace report that the cream of the graduate school, those who have won the Wells Prizes and top honors of our profession, all came from this Burbank ghetto.

…What is in order is to speak of Wassily Leontief and E.B. Wilson We few mathematical economists at Harvard were blessed by these great teachers…Wilson spotted Metzler’s genius. One of President Conant’s few stupid decisions was to retire Wilson at the earliest possible age, and this in a period of teacher shortages, thereby depriving the post-Metzler generations of the consumers’ surplus that Metzler, I, Bergson, Tsuru, Alexander, and some other happy few enjoyed.

That, however , was par for the critics of mathematical economics. In the year that Metzler came to Harvard, Sidney Alexander was Keynes’s last tutee at Cambridge University. Keynes seriously advised Alexander not to waste his time with mathematical economics…

…All in all, Lloyd Metzler added enormously to economic science. And that sense of humor and sweet nature lives on in our happy memories.

Note: Samuelson’s complete remarks at the memorial service were published in The Collected Scientific Papers of Paul A. Samuelson, Vol. V (Kate Crowley, ed.) pp. 827-830. Cambridge, Massachusetts: MIT Press, 1986.

 

Source: Duke University. Rubenstein Library. Papers of Evsey Domar, Box 6, Folder “Correspondence: Lloyd Metzler etc.”

Image Source: “Lloyd A. Metzler/Fellow: Awarded 1942/Field of Study: Economics”John Simon Guggenheim Memorial Foundation. Webpage .

Categories
Economists Harvard

Harvard. Haberler Argues Against Galbraith And On Behalf of Samuelson, 1948

 

Gottfried Haberler was apparently unable to attend an Executive Committee meeting of the Department of Economics at which it must have been decided to recommend John Kenneth Galbraith as the successor to Harvard’s agricultural economist J. D. Black. Haberler was so unhappy with this decision that he went behind the backs of his colleagues in a letter to the Dean. Apparently one of his former graduate students and his later Harvard colleague, Abram Bergson, must have heard about the letter some three decades later and asked Haberler about it. It certainly looks like Haberler had to ask the Dean’s Office in 1981 to have a copy of that 1948 letter sent to him. At least as important as learning about Haberler’s opinion of Galbraith, we are also treated to a full-throated praise of Paul Samuelson’s virtues. We also get a glimpse of a coalition of School of Public Administration economists wanting to hire a policy-oriented economist with  some one or other(s) of the stock of senior economic theorists protecting their turf from Samuelson at his Wunderkind-best.

___________________________________

1981 Letter from Haberler’s AEI Secretary to Abram Bergson

American Enterprise Institute for Public Policy Research
1150 Seventeenth Street, N. W. Washington, D. C. 20036

(202) 862-5800

August 17, 1981

Professor Abram Bergson
Department of Economics
Harvard University
Cambridge, Massachusetts 02138

Dear Professor Bergson:

When Professor Haberler called his office from abroad today, he asked that the attached copy of a letter he wrote to Professor Buck in 1948 be sent to you. He also asked that you be told that although he “was ashamed his memory failed him and he did not remember writing it, he was not ashamed of the letter.”

I am certain that on his return to the office around September 8th Professor Haberler will be in touch with you.

Sincerely yours,

Secretary to
Professor Haberler

Encl.

___________________________________

1981 Cover Note from Dean Rosovsky to Gottfried Haberler

HARVARD UNIVERSITY
Faculty of Arts and Sciences

Office of the Dean

5 University Hall
Cambridge, Massachusetts 02138

 

For Professor Haberler from Dean Rosovsky

[handwritten note: 8/11/81, cc to Sils, Envelopes#2]

___________________________________

1948 Letter from Gottfried Haberler to Provost Paul H. Buck

Harvard University
Graduate School of Public Administration

International Economic Relations Seminar

Littauer Center
Cambridge 38, Massachusetts

November 27, 1948

Provost Paul H. Buck
University Hall
Harvard University
Cambridge 38, Mass.

 

Dear Mr. Buck:

I had to go to Paris, London, Oxford and Cambridge for a brief visit in connection with the creation of an International Association of Economists and was therefore prevented from attending the meetings of the Executive Committee of the Department of Economics on November 17 and 24.

Let me inform you by letter that in my opinion the recommendation to appoint J. K. Galbraith to the remaining vacant professorship is a great mistake and calculated to reduce the level and reputation of our Department. I am rather hesitant to put it so bluntly, because I am on the best of terms with Galbraith. (For that reason I would be obliged if you would treat this letter as confidential.) But I think it is my duty to state my views clearly in such an important matter.

In my opinion, Galbraith is not a first-rate man. As you have said to me on one or two occasions, he has shot his bolt and there is no new evidence, it seems to me, which would warrant a change of that judgment. Galbraith is good average, not more. Moreover, he is not an agricultural economist. For years, not only during the time he served in Washington, he has written on subjects like monopoly and competition, international economic relations, full employment policies and the like. This shows a wide range of interests, but in none of these fields is he regarded as an outstanding expert. Yet he is now to be appointed as successor to John D. Black.

I am afraid the Department is on its way to fill all vacancies with respectable mediocrities. This is the more astonishing and inexcusable, because we could have a man who is almost universally regarded as one, if not the, most outstanding economist, namely P. A. Samuelson. As you know, Samuelson was awarded the Walker medal [sic, “Clark medal” is correct] by the American Economic Association which is to be given to the most outstanding economist under forty. He has had offers from first-rate universities, Chicago among others. He has without doubt the most brilliant record of all living economists under forty. He is an excellent teacher and would fit ideally into the Department from the point of view of our age distribution, a factor which has been, in my opinion very rightly, stressed by the Administration of the University. (Galbraith, on the other hand, falls more or less within the age group which is most strongly represented.)

It is, I think, a scandal (which is recognized and commented on everywhere) that the appointment of Samuelson has been prevented again and again. I have been repeatedly asked, more or less discretely, by leading economists at home and abroad, why a man like Samuelson is not at Harvard. Several of my colleagues admit that they have had the same experience. Samuelson has a tremendous reputation abroad. In London, Cambridge and Oxford where I visited last week, everyone was impressed by him and by the lectures he gave there recently.

I know, of course, the arguments which are used against his appointment. Mason, for example, while admitting that he is the most brilliant scholar in the field, says that Galbraith is more useful for the School for Public Administration. But Smithies has just been appointed to the School. If we look at the University as an institution which is primarily interested in extending the limits of scientific knowledge, rather than as a training school for Government officials, the choice between the two men should not be difficult.

Some members of the Department are afraid that Samuelson would enter the crowded field of theory. It is, of course, unavoidable that a brilliant young man would step on the toes of some older men in the Department. That is the nature of progress. But I would say that our Department is large enough and the students numerous enough to absorb a new man without undue hardship on vested interests. With Schumpeter near retiring age, it is time to look for a successor in the field of theory. Moreover, Samuelson could, and I think would, give instruction in the important field of advanced statistics, where we have an embarrassing void at the present time.

I am under no illusion that it will be possible to change the minds of the majority of the Department, although I know that several members who voted for the recommendation of Galbraith feel about it as I do. But the fact that you have prevented the Department on several occasions from making a fool of itself, gives me hope that it may not be too late. Moreover, I wanted to relieve my own conscience.

Very sincerely yours,

[signed]

G. Haberler

H:B

Source: Hoover Institution Archives. Gottfried Haberler Paper, Box 12, Folder “J. Kenneth Galbraith”.

Image Source:  Harvard Class Album 1950.

Categories
Chicago Economists

Chicago. Talent-Scouting for New Faculty, Joint Appointments and Visiting Faculty, 1945

__________________________

On April 10, 1945, the chairman of the University of Chicago’s economics department, Professor Simeon E. Leland, submitted a 77 page (!) memorandum to President Robert M. Hutchins entitled “Postwar Plans of the Department of Economics–A Wide Variety of Observations and Suggestions All Intended To Be Helpful in Improving the State of the University”.

In his cover letter Leland wrote “…in the preparation of the memorandum, I learned much that was new about the past history of the Department. Some of this, incorporated in the memorandum, looks like filler stuck in, but I thought it ought to be included for historical reasons and to furnish some background for a few of the suggestions.” 

In recent posts I have provided a list of visiting professors who taught economics at the University of Chicago up through 1944 (excluding those visitors who were to receive permanent appointments) and supporting tables with enrollment trends and faculty data (ages and educational backgrounds).

In this post we have three lists of names for economists who in 1945 could be taken into consideration for either permanent economics, joint appointments with other department or visiting appointments at the University of Chicago. Many names are immediately recognisable, others less so, and other known names left unnamed. Instead of observing the actual choices of the department, we have, so to speak, an observation of the “choice set” as perceived by the department.

______________________________

          The following list of possible additions to the staff of the Department of Economics represents an enumeration of suggestions made by various members of the Department. It, of course, does not include all of those whom the Department would like to invite as permanent members of the University staff. Many of those whom we would most like to have, it is well-known, are not available; nor can the Department be sure that those listed below would favorably consider an invitation to join our staff. Likewise, this list must not be construed as nominations for membership in the Department. Some members of the staff are known to object to the inclusion of some of the names listed below. But if unanimous consent were required before suggestions could be made, little progress in building a Department would be possible. In its present state, the list is only an enumeration of suggestions warranting further inquiry. The fields of interest of many of the potential candidates overlap and the appointment of some individuals would make it undesirable, or at least uneconomic, to appoint others. Nevertheless, the list does given an idea of some persons who might be considered for future appointments. This list, like any other enumeration, is subject to constant revision, both in the addition or subtraction of names.

Name

Present Location

Field of Interest or Specialization

Abraham (sic) Bergson University of Texas Wages and Wage Theory
Robert Bryce Ottawa, Canada
Norman Buchanan University of California Public Utilities, Corporation Finance, Business Cycles (also possible interest in United States Economic History)
Earl Hamilton Northwestern University Economic History
Albert G. Hart C.E.D., Chicago Theory, Finance, etc.
J. R. Hicks University of Manchester, England Economic Theory
Harold A. Innis University of Toronto Economic History
Maurice Kelso University of Wisconsin Land Economics
Tjalling Koopmans Cowles Commission Statistics; Mathematical Economics; Business Cycles; Shipping
Simon Kuznets University of Pennsylvania National Income; Historical Statistics
Sanford Mosk University of California Economic History
Charles A. Myers Massachusetts Institute of Technology Labor; Industrial Relations
Walter Rostow Columbia University Economic History (XIX Century)
Leonard Salter University of Wisconsin Land Economics
T. Scitovszky London School of Economics; U.S. Army Theory of Capital and Interest; Theory of Tariffs
Arthur Smithies University of Michigan; Bureau of the Budget, Washington, D. C. Fiscal Policy; Theory; Money and Banking
Eugene Staley School of Advanced International Studies (Washington, D.C.) International Economics; Foreign Trade
George Stigler University of Minnesota Theory and Foreign Trade
R. H. Tawney London School of Economics Economic History
Allen Wallis Stanford University Statistics

______________________________

Joint Appointments

The Department of Economics shares an interest in many fields with other departments, schools and divisions of the University. It recognizes that most problems of the Social Sciences have economic aspects, and other aspects as well. Many of the fields embraced within particular disciplines are explained by accident or tradition, not always by logic. No one department can, therefore, assert a valid claim for the exclusive staffing of fields of interest held in common with other branches of knowledge. It seems wisest to develop these common grounds through joint appointments. Not only does this enable us to attract to the University more outstanding scholars than the fellowship of one department might provide, but it should also place at the disposition of those interested in promoting joint fields, perhaps, larger resources than either acting alone could command.

Joint appointments, too, will tend to integrate the Social Sciences with the other schools and departments affected, as well as contribute to the unity of the University as a whole. The Department of Economics, therefore, ventures to suggest joint appointments in the following fields:

Fields Units Affected
Trusts and Monopolies Business, Law, Economics
Railroads and Transportation Business, Economics
Public Utilities Economics, Political Science, Law
Social Control of Business Business, Law, Political Science, Economics
Advanced Applied Mathematics and Statistics Economics, Mathematics, Business, Institute of Statistics, other departments interested in statistics
Urban Planning (or the Utilization of Land) Geography, Political Science, Economics, Law, Business, Sociology
Social Legislation, particularly affecting Labor Business, Sociology, Social Service Administration, Law, Political Science, Economics

[…]

Among those who might be proposed for joint appointments are the following:

Name Present Location Field of Interest Appropriate Appointment
Charles L. Dearing Brookings Institution and U.S. Government Transportation Economics, Business
Corwin D. Edwards Northwestern University Trusts, Monopolies, Control of Business Political Science, Law, Economics
Milton Friedman Columbia University Economic Theory, Public Finance, Monetary Policy Economics, Institute of Statistics
Homer Hoyt Regional Plan Association, Inc., New York, N.Y. Land Planning Economic Geography, Political Science
David E. Lilienthal T. V. A. Public Utilities Political Science, Law, Economics
Abraham Wald Columbia University Applied Mathematics, Statistics Mathematics, Economics
Allen Wallis Columbia University Applied Mathematics, Statistics Mathematics, Economics
Samuel S. Wilks Princeton University Applied Mathematics, Statistics Mathematics, Economics

Visiting Professorships

Each department needs to diversify its courses. Too frequently the attempt at diversification is made by adding permanent members to the regular staff. The need can best be met by the appointment of visiting professors.

[…]

A list of some who might be invited to the University as Visiting Professors is as follows:

Name Present Location Fields of Interest
John D. Black Harvard Agricultural Economics
(J.) Roy Blough U. S. Treasury Public Finance
Kenneth Boulding Iowa State College Economic Analysis; Theory of Capital
Karl Brandt Food Institute, Stanford U. Agricultural Economics
Harry G. Brown University of Missouri Economic Theory, Public Finance
J. Douglas Brown Princeton University Industrial Relations
Edward H. Chamberlain(sic) Harvard Economic Theory; Monopolistic Competition
J. M. Clark Columbia University Economic theory
J. B. Condliffe California International Trade; International Commercial Policy
Joseph S. Davis Food Institute, Stanford U. Agricultural Economics
Milton Gilbert Office of Price Administration, Washington, D.C. Economic Theory; Price Control
T. Haavelmo Norwegian Shipping Administration, New York, N.Y. Econometrics
Alvin Hansen Harvard Economic Theory; Fiscal Policy
F. A. Hayek London School of Economics and Political Science History of Social Thought; Economic Theory; Monetary Policy
J. R. Hicks University of Manchester Economic Theory
George Jaszy U. S. Dept. of Commerce National Income; Business Analysis
O. B. Jesness University of Minnesota Agricultural Economics
Nicholas Kaldor London School of Economics Theory of the Firm; Imperfect Competition; Money; Business Cycles
M. Kalecki Institute of Statistics of University of Oxford, England Economic Fluctuations; Expenditure Rationing
M. Slade Kendrick Cornell University Public Finance; Farm Taxation
Arthur Kent San Francisco Attorney-at-Law Taxation
J. M. Keynes Cambridge University Fiscal and Monetary Policy
Simon S. Kuznets National Bureau of Economic Research; University of Pennsylvania Statistics; National Income and Its Problem
A. P. Lerner New School for Social Research Economic Theory; Fiscal Policy; Public Finance
Edward S. Mason Harvard University Economic Theory; International Trade and Trade Practices
Wesley C. Mitchell Columbia University Money and Prices
Jacob Mosak Office of Price Administration, Washington, D.C. Economic Theory; Statistics; Control of Prices
R. A. Musgrave Federal Reserve Board, Washington, D. C. Public Finance
Randolph Paul Lord, Day and Lord, Attorneys-at-Law Taxation
Paul A. Samuelson Massachusetts Institute of Technology Economic Theory; Money and Banking; Fiscal Policy
Lawrence H. Seltzer Wayne University Money and Banking; Public Debts; Fiscal Policy
Carl S. Shoup Columbia University Public Finance
Sumner H. Slichter Harvard University Business Economics
Richard Stone England Statistics; National Income
R. H. Tawney London School of Economics Economic History
Abraham Wald Columbia University Mathematics and Statistics
John H. Williams Harvard University Money and Banking

In the past, the Department has supplemented its staff by the appointment of visiting professors, but the invitations have ordinarily been restricted to the Summer Quarter in order (1) to relieve the regular staff from summer teaching and (2) to provide “window-dressing” to make the Summer Quarters more attractive to new students. The potentialities of the visiting professorship can hardly be realized when the practice is applied only to the Summer Quarter. That it has made that Quarter more attractive would seem to be indicated by the outstanding economists who have been guests of the University of Chicago.

[…]

The practice of inviting outstanding men to the University of Chicago seems to have been more prevalent in the early years of the University than it is today. Visiting appointments also declined with the strained finances of the University during the late depression. The Department is anxious to develop a program of instruction and research based upon the policy of the regular employment of visitors. A sum, equal to the stipend of a full professor, if used to finance a program of regular visitors, would add greater content and prestige to the Department than could be secured in any other way.

Source: University of Chicago Library, Department of Special Collections. Office of the President. Hutchins Administration Records. Box 73, Folder “Economics Dept., “Post-War Plans” Simeon E. Leland, 1945″.

Categories
Columbia Economic History Economists Yale

Columbia Economics Ph.D. alumnus. John M. Montias, 1958

The history of economics would be duller fare should we fail to add a portion of ancestor worship as seasoning. Since my motto is “Economists are not born but they are made” and that for well over a century economists have been made in graduate schools, I would be remiss in not using Economics in the Rear-View Mirror to erect shrines from time to time to those economists who trained me.

During the academic year 1973-74 while an undergraduate at Yale, I took a graduate course taught by John Michael Montias on comparative economic systems.  Having been born in Paris, he volunteered out of interest in the topic to be the second reader of my senior essay about French mercantilism and the Physiocrats. I recall him as a thoughtful scholar and a kind man. He was one of four professors (the others were Raymond Powell, Abram Bergson and Evsey Domar) who in different courses valiantly tried to teach me the lessons of Richard H. Moorsteen’s article “On Measuring Productive Potential and Relative Efficiency” Quarterly Journal of Economics (1961) 75 (3): 451-467. The teaching efforts of Montias et al. did ignite in me a long professional interest in the economic theory of index numbers though I do not recall them exactly cracking the code in class for us. Montias’ own ambition was less on the bean-counting side of empirical comparative economics as on the theoretical side in pursuit of a formal systematization of a “macro”-institutional economics. We began his course by reading his essay co-authored with Tjalling Koopmans published in Comparison of Economic Systems: Theoretical and Methodological Approaches, Alexander Eckstein (ed.), Berkeley: University of California Press, 1971. I believe we can all agree that economic outcomes depend jointly on the economic environment, economic system and economic policies within the system. I also believe that the last sentence reads no better when expressed in mathematical notation. 

John Michael Montias’ greatest hits in economics were to appear after I had moved on. He had a passion for Dutch and Flemish art that led to seminal contributions in the history of 17th century Dutch art markets. Tulip bubbles are cool, but I’d say Vermeer is hot.

P.S.  Fun Fact: The U.S. Embassy official in Hungary who had to deal with Montias’ expulsion from Hungary in the early 1960’s, Edward Alexander, was in charge of the Press and Culture department of the U.S. Embassy in East Berlin during my  seven month IREX stay in 1978. There I fell in love and became engaged to an economist at the Central Institute of Economics in the GDR Academy of Sciences. Until my East German fiancée (Kerstin Rüdiger) was allowed to leave East Germany at the end of 1979 (and perhaps afterwards too), Edward Alexander had to deal with any diplomatic fall-out from our case.

_____________________________

 

From the 1989 Survey of AEA Members

Montias, John M.

Fields: 050, 110
Birth Yr:
1928
Degrees:
B.A., Columbia U., 1947; M.A., Columbia U., 1950; Ph.D., Columbia U., 1958
Prin. Cur. Position:
Prof. of Econs. Yale U., 1964
Concurrent/Past Positions:
Assoc. Prof., Yale U., 1963-64; Asst. Prof., Yale U., 1958-63.
Research:
 Economic systems

Source: American Economic Association. Biographical Listing of Members, American Economic Review, Vol. 79, No. 6, (Dec. 1989) p. 334.

_____________________________

New York Times obituary

John Montias, 76, Scholar of Economics and of Art, Is Dead
By KATHRYN SHATTUCKAUG. 1, 2005

John Michael Montias, an economist who became one of the foremost scholars on the painter Johannes Vermeer and a pioneer in the economics of art, died on Tuesday at a hospice in Branford, Conn. He was 76 and lived in New Haven.

The cause was complications from melanoma, said his son, John-Luke Montias.

Part of the Annales school of economists and historians, Mr. Montias was among those who, in the early and mid-20th century, promoted a new form of history by replacing the examination of major leaders and events with the microstudy of ordinary people and occurrences.

Through the scrupulous analysis of common documents ranging from notes and letters to receipts and legal papers, Mr. Montias peeled back the layers in the life of Vermeer, one of his favorite artists — and one of the world’s most enigmatic. His work opened the door for a new genre of art history in which artists were analyzed in the context of their societal and economic surroundings and not merely their works.

“I think he was important for all of us,” said Egbert Haverkamp-Begemann, the John Langeloth Loeb professor emeritus at New York University’s Institute of Fine Arts. “When he started this in the 1960’s and 70’s, there was no one who approached the history of art from that point of view. His work was pioneering — accurate, extremely convincing, with many novel insights. What was not considered to be relevant to the work of art in the past, we all have subsequently used.”

Mr. Montias’s research was a primary source for Tracy Chevalier’s 2000 novel “Girl With a Pearl Earring,” about Vermeer’s relationship with the model for his iconic work, and for the 2003 film adaptation.

Mr. Montias began teaching at Yale University in the late 50’s, where he specialized in the economic systems of the Soviet bloc during the 1960’s and 70’s and served as a consultant to high-ranking government officials. His analysis of the economies of Eastern European countries at times drew suspicion, perhaps never more so than during his visits to Czechoslovakia and Hungary from 1963 to 1965; he was shadowed and eventually expelled from Hungary on suspicion of espionage. But if his work was economics, his passion was art, particularly that of the 16th- and 17th-century Netherlands.

“I came to Vermeer ‘sideways,”‘ he said in a 2003 interview for the Essential Vermeer Web site (www.essentialvermeer.20m.com), explaining the genesis of his second career. Having won a summer grant in 1975 to write a comparative study of Dutch art guilds, he traveled to Delft, where he discovered that no in-depth study of a guild existed.

“In the course of this research, I realized that, contrary to my expectations, previous scholarship on Vermeer’s life had not exhausted the subject,” he said.

And so began his quest to uncover the life of one of the world’s most mysterious artists, with Mr. Montias unearthing and poring over 454 documents related to Vermeer and his family that lay, long undisturbed, in the archives of no fewer than 17 Dutch and Belgian cities.

In 1989 he published “Vermeer and His Milieu: A Web of Social History” (Princeton University Press), in which he revealed secrets of Vermeer’s life: that Vermeer’s grandfather was a convicted counterfeiter; that his grandmother ran illegal lotteries; and that the artist himself fathered 13 children and died at the age of 43, destitute.

Reviewing the book in The New York Times, the art critic John Russell wrote that Mr. Montias had previously “proved that there is a great deal more to art history than shuffling slides in a library.”

“His new book does not crack the code of Vermeer’s personality, let alone the code of his inner experience,” the review continued. “But as detective work, and as a portrait of an era, it ranks high.”

In fact, Mr. Montias’s midlife obsession had adolescent roots. Born on Oct. 3, 1928, in Paris, he was sent in 1940, alone and by ship, by his Jewish parents to the safety of the United States — and an Episcopalian baptism — just as the Germans were preparing to invade France. He boarded at the Nichols School in Buffalo, where as a 14-year-old volunteer in the small library of the Albright-Knox Art Gallery, he came across Wilhelm Bode’s gilt-edged folio volume of Rembrandt and was immediately captivated.

Mr. Montias’s curiosity resurfaced in 1954 when, as a Ph.D. candidate in the economics department at Columbia University, he considered writing his dissertation on the prices of Dutch paintings at auction. He failed to get financial support for his project, perhaps thought frivolous during the cold war.

Things changed when Mr. Montias met Mr. Begemann in the mid-1960’s, when they were both at Yale. A specialist in Dutch and Flemish art, Mr. Begemann gave Mr. Montias his first lessons in connoisseurship, and soon after he began to study the genre’s history methodically. His first project in the field — the 1975 summer grant — required Mr. Montias, already a gifted linguist, not only to learn modern Dutch but also to read 17th-century manuscript sources in old Gothic script.

“He decided to attack the archives in Delft, knowing that they had been scoured for information on Vermeer,” recalled Otto Naumann, a Manhattan art dealer who studied under Mr. Montias. “With the confidence that only a true genius can posses, he decided that he could do better, without first learning Dutch.”

It took Mr. Montias one week to find an unpublished document that mentioned Vermeer and but another to decipher it, Mr. Naumann said.

Mr. Montias published three more books about the 17th-century Dutch art market: “Artists, Dealers, Consumers: On the Social World of Art” (Hilversum: Verloren, 1994); “Public and Private Spaces: Works of Art in 17th-Century Dutch Houses” (Zwolle, 2000), with John Loughman; and “Art at Auction in 17th-Century Amsterdam” (Amsterdam University Press, 2003).

In addition to his son, of Manhattan, he is survived by his wife, Marie, of New Haven, and his mother, Giselle de la Maisoneuve, of Paris.

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Yale Bulletin & Calendar obituary

Yale Bulletin & Calendar. September 2, 2005. Vol. 34, Number 2.

John-Michael Montias, economist and expert on Vermeer

John-Michael Montias, one of the world’s foremost scholars on the life of 17th-century Dutch artist Johannes Vermeer and professor emeritus of economics at Yale, died July 26 of complications from melanoma. He was 76.

Montias, who joined the Yale faculty in the late 1950s, was a specialist in the economic systems of the Soviet bloc. He researched the economies of many Eastern European countries during the 1960s and 1970s. During the Cold War, he served as a consultant to some of the highest officials of the U.S. government. His publications from that period include “Central Planning in Poland” and “The Structure of Economic Systems,” both published by the Yale University Press.

Although his academic work was in the field of economics, Montias’ passion was art, specifically 16th- and 17th-century Dutch painting. While on a fellowship at the Netherlands Institute for Advanced Social Studies in 1978, he combined the two interests by writing a comparative study of Dutch art guilds during the 16th century, poring over 16th- and 17th-century archival records in the process of teaching himself gothic Dutch. The result was his 1982 book “Artists and Artisans in Delft, a Study of the 17th Century.”

During the course of his research, Montias was surprised to learn that the scholarship on one of his favorite artists, Vermeer, was far from exhausted. He began a quest to uncover the life of the artist, considered one of the most enigmatic and mysterious. In 1989 he published the critically acclaimed “Vermeer and His Milieu: A Web of Social History.” In this book, Montias traced the artist’s life through notary records, discovering that Vermeer’s grandfather was a convicted counterfeiter; that his grandmother ran illegal lotteries; and that the artist himself fathered 13 children and died at the age of 43, completely destitute. Today, it is estimated that there are only about 35 Vermeer paintings still in existence, and the most recent work sold at auction was purchased for $26 million in London last July.

Montias published three more books about the 17th-century Dutch art market: “Artists, Dealers and Consumers: The World of Social Art” (1994), “Public and Private Spaces: Works of Art in 17th-Century Dutch Houses” (2000) and “Art at Auction in 17th-Century Amsterdam” (2002).

Born Oct. 3, 1928 in Paris, France, Montias came to the United States when he was 12. At 16 he matriculated as an undergraduate at Columbia University. After serving in the Army during the Korean War, he returned to Columbia, earning both his M.A. and Ph.D. in economics. He was awarded a Guggenheim Fellowship in 1961.

Montias is survived by his wife, Marie, of New Haven; his mother, Giselle de la Maisoneuve, of Paris, France; and his son John-Luke, and his fiancé, Samantha, both of New York City.

The Yale economist was buried in Grove Street Cemetery.

 

Image Source: Montias as Guggenheim Fellow (1961) John Simon Guggenheim Memorial Foundation. Detail from “Montias at the launching party at Amsterdam University Press of his book Art at auction in 17th-century Amsterdam, 10 September 2002 (Photo: Gary Schwartz)