Abram Piatt Andrew taught monetary economics at Harvard before becoming a key player in the National Monetary Commission, Director of the U.S. Mint, Assistant Secretary of the Treasury, founder of the American Field Service, and a Republican member of the United States Congress from 1921-36. Much more has been posted about him here at Economics […]
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The Harvard assistant professor of economics Abram Piatt Andrew played an enormous role in the preparation of the reports of the National Monetary Commission 1908-11, but today’s post is limited to a newspaper report announcing his appointment as Director of the Mint, a short biographical note from his memorial service from 1938, and […]
Because A. Piatt Andrew is listed for the Fall semester course on money in 1900-1901 and 1902-1903, and the first semester’s required reading is identical for all three academic years (including 1901-02), I have assumed that the more complete listing from 1901-02 (that includes three pages of bibliography) is A. Piatt Andrew’s work. Not only was he to […]
A two course sequence covering money, banking and foreign exchange became an established specialty field at the beginning of the twentieth century. Assistant Professor A. Piatt Andrew covered that field at Harvard. __________________________ Previous course materials for Money and Banking 1900-01 (Meyer and Sprague) 1901-02 (Andrew, Sprague, Meyer) 1902-03 (Andrew’s money exam, Sprague’s banking exam) […]
It is now time to begin posting transcriptions of course material for the Harvard academic year 1906-07. Sometimes, even for the curator of Economics in the Rear-view Mirror, this becomes a tedious task. Still, the opportunity to assemble a long time series of economics exams into searchable text for one of the leading economics departments […]
While the exam questions for A. Piatt Andrew’s course on commercial crises and trade cycles for 1905-06 have been transcribed and posted earlier, this post adds his “Suggestions with regard to first report and accompanying chart.” This artifact provides a taste of an actual course assignment. __________________________ Previously posted All of Andrew’s exams from […]
The financial Panic of 1907 was still a few years down the historical road when A. Piatt Andrew picked up the banking semester of the two semester sequence of money and banking at Harvard from O. M. W. Sprague who had left for Japan. This expanded scope in matters monetary no doubt came in […]
Over the next couple of weeks Economics in the Rear-view Mirror will be posting the printed economics course exams from Harvard for the academic year 1905-06. Economics in the Rear-View Mirror has already transcribed and posted nearly every economics exam at Harvard University up to this year. You will find links to them in the […]
Oliver Mitchell Wentworth Sprague taught the banking course that together with Andrew Piatt Andrew’s currency course constituted the money and banking sequence at Harvard’s economic department in the first decade of the twentieth century. Both economists later made major contributions to the work of Senator Nelson W. Aldrich’s National Monetary Commission. ___________________________ Related, earlier posts […]
The field of monetary economics used to be called “Money and Banking” where money in earlier times was understood to mean currency used for payment as opposed to the checkable deposits held in commercial banks. Abram Piatt Andrew was to money as Oliver Mitchell Wentworth Sprague was to banking in theHarvard economics department at […]