Category: Yale

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.

Associate Professors’ Salaries in U.S. Economics Departments (2), 1964/5-1965/66

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

This is the second table from the so-called “Cartel” summary report from December 1965 of 9-10 month salaries paid in U.S. economics departments. Tables 2c give figures for the distribution of associate professor salaries across the departments reporting. Last posting gave the distribution for full-professors. Future postings include the actual salary distributions for assistant professors and freshly completed PhD’s 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.

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 2c
ASSOCIATE PROFESSORS 1965-66, 1964-65

(1)
Median Salaries
All Associate Professors

MID-POINT OF RANGE	1965-66	1964-65
Over 13,749	3	0
13,500	2	0
13,000	2	1
12,500	6	3
12,000	5	2
11,500	4	3
11,000	3	11
10,500	2	4
10,000	0	0
9,750	0	1
9,500	0	2
N=	27	27
Median	$12,000	$11,000
Mean	$12,173	$11,093

TABLE 2c
ASSOCIATE PROFESSORS 1965-66, 1964-65

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

MID-POINT OF RANGE	1965-66	1964-65
Over 16,249	0	1
16,000	1	0
15,500	1	0
15,000	2	0
14,500	2	0
14,000	5	2
13,500	6	4
13,000	4	6
12,500	3	3
12,000	0	4
11,500	1	3
[sic, cell empty]	1	2
[sic, cell empty]	0	1
N=	26	26
Median	$13,000	$12,186
Mean	$13,082	$12,159

TABLE 2c
ASSOCIATE PROFESSORS 1965-66, 1964-65

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

MID-POINT OF RANGE	1965-66	1964-65
14,500	0	0
14,000	1	0
13,500	0	0
13,000	4	1
12,500	4	1
12,000	2	2
11,500	3	2
11,000	7	8
10,500	3	4
10,000	2	4
9,750	0	1
9,500	0	2
9,250	0	0
9,000	0	0
8,750	0	1
8,500	0	0
N=	26	26
Median	$11,265	$10,775
Mean	$11,640	$10,760

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

Image Source: “The monopolists’ may-pole” by F. Opper. Centerfold of Puck, vol. 17, no. 425 (April 29, 1885). Library of Congress Prints and Photographs Division Washington, D.C. 20540 USA.

Berkeley Carnegie Institute of Technology Chicago Colorado Columbia Cornell Duke Economist Market Economists 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

Professors’ salaries in U.S. economics departments (1), 1964/5-1965/66

Post author By Irwin Collier
Post date 2017-05-12

From my March 2017 expedition to the Johns Hopkins University archives’ collection of material from the Department of Political Economy, I came across one of those documents that help to provide an empirical baseline for the history of the market for economics professors. It is worth savouring the sets of tables one by one. In all, this so-called “cartel” summary with information collected from 29 departments in October 1965 consists of eight sets of tables.

On the last page of this summary for full-professor salaries can be found the name of the presumable compiler of the tables: Francis M. Boddy, Graduate School, University of Minnesota. It is dated December 21, 1965.

Two documents later in the same folder I found the list of 30 members of the Chairmen’s Group, dated December 13, 1965. With 29 responses to the salary questionnaire from which the “cartel” data have been assembled, it leaves only to guess which department did not report back to the “cartel”. I do believe that the ironic self-designation of cartel is not entirely contrary to functional fact here.

The salary distributions across the participating departments for associate professors, assistant professors, and for the starting salaries for newly minted Ph.D. hires have been posted in the meantime. 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.

___________________________________

About Francis M. Boddy

Boddy, Francis M, 1115 Bus. Admin., West Bank, Dept. of Econs., U. of Minn., Minneapolis, MN 55455. Phone: Office (612)373-3583;Home (612)926-1063. Fields: 020, 610. Birth Yr: 1906. Degrees: B.B.A., U. of Minn., 1930; M.A., U. of Minn., 1936; Ph.D., U. of Minn., 1939. Prin. Cur. Position: Prof. Emer. Of Econs., U. of Minn. At Twin Cities. 1975-. Concurrent/Past Positions: Acting Exec. Secy., Bd. Of Investment, State of Minn., 1978-79; Assoc. Dean of Grad. Sch. U. of Minn., 1961-73.

Source: “Biographical Listing of Members.” The American Economic Review 71, no. 6 (1981): p. 67.

___________________________________

Research Hint:
Boddy’s data go back to 1957/58

“I have, over the past six years, conducted an informal survey of some 30 of the leading departments of economics in the country, defined largely as being those departments which have been major producers of Ph.D.’s in economics.”

Source: Boddy, Francis M. “The Demand for Economists.” The American Economic Review 52, no. 2 (1962): 503-08.

Also of interest from about the same time is the AER Supplement:

Tolles, N. Arnold, and Emanuel Melichar. “Studies of the Structure of Economists’ Salaries and Income” The American Economic Review 58, no. 5 (1968):

___________________________________

MEMBERS OF THE CHAIRMEN’S GROUP, 1965-66
December 13, 1965

Professor Gerard Debreu
University of California
Berkeley, California 94720
Dean R. M. Cyert
Carnegie Institute of Technology
Pittsburgh 13, Pennsylvania
Professor Arnold C. Harberger
University of Chicago
1126 East 59^th Street
Chicago 37, Illinois
Professor Carl McGuire
University of Colorado
Boulder, Colorado
Professor William Vickrey
Columbia University
New York 27, New York
Professor Douglas F. Dowd
Acting Chairman
Cornell University
Ithaca, New York
(Professor Frank H. Golay, the Chairman, is on leave in 1965-66.)
Professor Robert S. Smith
Duke University
Durham, North Carolina
Professor John Dunlop
Harvard University
Cambridge, Massachusetts 02138
Professor John F. Due
University of Illinois
Urbana, Illinois 61803
Professor George Wilson
Indiana University
Bloomington, Indiana 47405
Professor Karl A. Fox
Iowa State University
Ames, Iowa 50010
Professor Carl F. Christ
Johns Hopkins University
Baltimore, Maryland
Professor Robert F. Lanzilotti
Michigan State University
East Lansing, Michigan
Professor Warren L. Smith
University of Michigan
Ann Arbor, Michigan
Professor E. Cary Brown
Massachusetts Institute of Technology
Cambridge 39, Massachusetts
Professor Emanuel Stein
New York University
New York 3, New York
Professor John Turnbull
University of Minnesota
Minneapolis, Minnesota
Professor Ralph W. Pfouts
university of North Carolina
Chapel Hill, North Carolina
Professor Robert Eisner
Northwestern University
Evanston, Illinois
Professor Paul G. Craig
Ohio State University
Columbus, Ohio
Professor Irving B. Kravis
University of Pennsylvania
Philadelphia 4, Pennsylvania
Professor Richard A. Lester
Princeton University
Princeton, New Jersey
Dean Emanuel T. Weiler
Purdue University
Lafayette, Indiana
Professor Lionel McKenzie
University of Rochester
Rochester 20, New York
Professor Edward S. Shaw
Stanford University
Stanford, California
Professor Carey Thompson
University of Texas
Austin, Texas
Professor James W. McKie
Vanderbilt University
Nashville, Tennessee
Professor Alexandre Kafka
Acting Chairman
University of Virginia
Charlottesville, Virginia
(Professor Warren Nutter, the Chairman, is on leave in 1965-66.)
Professor David B. Johnson
University of Wisconsin
Madison, Wisconsin
Professor Raymond Powell
Yale University
New Haven, Connecticut

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

___________________________________

CARTEL
SUMMARY of the October-1965 Questionnaire to Departments of Economics in the United States

SUMMARY of the salary (1965-66 and 1964-65 academic years, 9-10 month basis) and other data of 29 (out of 29) Departments of Economics. N = Number of Departments reporting.

TABLE 1c
PROFESSORS 1965-66, 1964-65

(1)
Median Salaries
All Professors

MID-POINT OF RANGE	1965-66	1964-65
Over 20,249	2	1
20,000	4	0
19,500	0	1
19,000	3	1
18,500	2	3
18,000	2	1
17,500	3	1
17,000	2	4
16,500	2	4
16,000	1	4
15,500	2	0
15,000	2	1
14,500	0	2
14,000	3	1
13,500	0	1
13,000	1	4
N=	29	29
Median	$17,500	$16,500
Mean	$17,377	$16,319

TABLE 1c
PROFESSORS 1965-66, 1964-65

(2)

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

MID-POINT OF RANGE	1965-66	1964-65
Over 23,749	3	1
23,500	2	0
23,000	0	0
22,500	3	0
22,000	1	2
21,500	4	3
21,000	1	2
20,500	4	2
20,000	0	3
19,500	2	2
19,000	2	4
18,500	1	0
18,000	3	1
17,500	1	2
17,000	0	0
16,500	2	1
16,000	0	4
15,500	0	1
15,000	0	0
14,500	0	1
14,000	0	0
N=	29	29
Median	$20,600	$19,500
Mean	$20,677	$19,093

TABLE 1c
PROFESSORS 1965-66, 1964-65

(3)

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

MID-POINT OF RANGE	1965-66	1964-65
Over 18,749	4	2
18,500	0	1
18,000	3	1
17,500	1	1
17,000	3	1
16,500	3	2
16,000	5	8
15,500	1	4
15,000	2	1
14,500	1	1
14,000	2	0
13,500	2	2
13,000	1	4
12,500	1	0
12,000	0	1
11,500	0	0
N=	29	29
Median	$16,100	$15,390
Mean	$16,192	$15,119

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

Image: From left to right: Monopolies, Uncle Sam, Trusts.

Taylor, Charles Jay, Artist. In the hands of his philanthropic friends / C.J. Taylor. , 1897. N.Y.: Published in Puck, March 10, 1897. . Retrieved from the Library of Congress, . (Accessed May 12, 2017). https://www.loc.gov/item/2012647652/

Curriculum Yale

Yale. Undergraduate and Graduate Courses in Economics, 1899-1900

Post author By Irwin Collier
Post date 2017-02-14

Occasionally Economics in the Rear-view Mirror will post the economics course offerings at leading U.S. and Canadian universities at the turn of the twentieth century. Today we have both undergraduate and graduate course offerings in economics and social science at Yale for 1899/1900. While Irving Fisher was already member of the Yale Faculty, he was in the middle of a three year struggle with tuberculosis, returning to teaching (part-time) in the fall term of 1901. We see that John Bates Clark was brought in to teach a course on theories of income distribution. For those who find the discipline name “sociology” somewhat ugly, they will discover here that William G. Sumner appeared to have a certain fondness for the alternative “Societology“.

_____________________

Catalogue Yale University 1899/1900,
pp. 66-70

II. POLITICAL SCIENCE AND LAW
[Undergraduate Courses, Yale College]

30 Economics. 3 hrs.

Lectures: Wednesday and Saturday, 11.30. 12 divisions,
Monday to Saturday, 8.30.

President Hadley and Professor Schwab.

Two hours a week will be devoted to lectures,—for two-thirds of the year by President Hadley on the general problems of production, exchange and distribution of wealth; for the remaining time by Professor Schwab on money and monetary questions. The third hour will be occupied by a quiz-exercise in small sections under an assistant.
Text-books: Hadley’s Economics and Jevons’ Money and the Mechanism of Exchange.

31 Statistics. 2 hrs.

Monday and Thursday, 12.30.

Dr. Bailey.

The sources and reliability of statistical data are discussed, and the methods of distinguishing true and false inferences are pointed out. Index numbers are studied, and the lectures treat of statistics of population, crime, suicide, property, etc. The attempt is made to determine the laws which govern the group actions of men.
Mayo-Smith’s Statistics and Sociology is used as a basis.

The following courses (32 to 38 inclusive) are open only to those who have already studied elementary economics.

32 Finance. [Seniors.] 3 hrs.

Monday and Thursday, 11.30, A₁ O; divisions
I, Monday, 8.30.
II, Wednesday, 8.30.
III, Friday, 8.30.
IV, Tuesday, 12.30.

Professor Schwab.

A course on Money, Banking, and Finance. Two hours a week will be devoted to lectures, one hour a week to quiz-exercises in small sections under Dr. Bailey.
Text-books: White, Money and Banking, Dunbar, Banking; Greene, Corporation Finance, and Plehn, Public Finance.

33 United States Industrial History. [Seniors.] 3 hrs.

Tuesday and Friday, 11.30, A₁ O; divisions
I, Tuesday, 8.30.
II, Wednesday, 12.30.
III, Saturday, 8.30.
IV, V, Saturday, 9.30.

President Hadley and Professor Schwab.

A course on the history of the tariff legislation and industrial development of the United States. Two hours a week will be devoted to lectures—for two-thirds of the year by Professor Schwab on tariff history, foreign commerce and industrial organization; for the remaining time by President Hadley on railroads. The third hour will be occupied by a quiz-exercise in small sections under Dr. Bailey.

Text-books: Taussig, Tariff History of the United States (edition 1898); Hobson, Evolution of Modern Capitalism; Hadley, Railroad Transportation, and Newcomb, Railway Economics.

34 Mathematical Economics. [Seniors.] 2 hrs.

Wednesday and Saturday, 10.30.

Mr. Gaines.

The course is prefaced by a few lessons in elementary calculus. These are followed by the analysis of: I, value and prices; II, general price-levels; III, effects of “appreciation” and “depreciation,” with statistical discussion; IV, bimetallism and other currency schemes, with especial reference to the experience of France, Austria, and India; V, international trade; VI, capital and interest; VII, distribution.

Cournot’s Mathematical Theory of Wealth and Fisher’s Introduction to the Calculus; Value and Prices, and Appreciation and Interest, are used as a basis. Reading is also assigned in other works, especially recent investigations. Special papers are read by members of the class.

35 Debates on Public Questions. [Seniors.] 2 hrs.

Tuesday, 4.00 to 5.50.

Dr. Raynolds.

Members of the class will be expected to organize debates each week on subjects of public interest; to prepare and interchange briefs, and argue the questions at issue on the basis of special study and investigation.

36 Theories of Distribution. [Seniors.] 2 hrs.

Friday, 2.00 to 3.50.

Professor J. B. Clark.

A comparative study of theories of the Distribution of Wealth. An outline of recent theories of Wages, Interest and Profits is presented and is compared with the doctrines of Adam Smith, Malthus, Ricardo, Senior, Mill and Cairnes. A study is made of the relation of changes in the processes of industry and in the structure of society to Economics as a science; and a view is afforded of the natural relation of the deductive method of study to the historical method. It is an object of the course to accomplish a certain constructive work, and to utilize the results of comparative studies in determining positive laws of distribution.

38 United States Financial History. [Seniors.] 1 hr.

Wednesday, 12.30, E₂ O.

Professor Schwab.

An investigation course in the financial history of the United States. The periods selected for study are the years 1873–1900; and the topics investigated are those connected with the silver agitation.

40 The Science of Society. [Seniors.] 2 hrs.

Monday and Thursday, 8.30, A₁ O.

Professor Sumner.

An elementary course, with text-book lessons and examinations, in Anthropology and Ethnology, with the origin of civilization and the development of institutions. In connection with this will be a course of lectures on Systematic Sociology [Societology]. Topics are: The organization of society; the individual and the social; social forces; militarism and industrialism; property; marriage, family, and the status of women; primitive notions in religion and philosophy; civil government, law and rights; slavery and classes; economic interests and their collisions; conditions of welfare; origin of moral standards; reaction of reason on experience. These topics are treated exclusively in the light of Historical Anthropology and Ethnology.

41 The Science of Society. [Seniors.] 2 hrs., to count as 3 hrs.

Monday and Thursday, 8.30, A₁ O.

Professor Sumner.

A course with a German text-book (Lippert’s Kulturgeschichte, 2 vols., Stuttgart, 1887), for those who are able to read difficult German. The exercises are coincident with those of course 40, including the lectures as above.
[Those who take this course are responsible for providing themselves with the text-book before Sept. 28.]

45 Jurisprudence and Law. [Seniors.] 2 hrs.

First term: Friday and Saturday, 12.30, A₁ O.

Mr. Gager.

Lectures, recitations, private readings, and examinations on the following subjects: law in its relations to the origin, development, and government of political society; origin and development of customary law; relation of statute law to customary law; formation and development of codes of law; nature and origin of legal rights; principles of the law governing rights in land; principles of the law governing contract rights; the law of remedies for the violation of rights; origin and procedure of courts of law and equity; criminal law. The instruction in this course is designed to present an historical and philosophical view of the law in its great outlines, as common to all nations, and particularly as developed in the Anglo-Saxon race. In addition it is designed to show the practical methods which obtain in modern commercial transactions and the law as applied to them, and to point out the principal rights acquired, the duties owed, and the liabilities incurred in the every-day conduct of affairs.
To those exhibiting satisfactory evidence of having read the four books of Blackstone’s Commentaries in connection with this course, a special examination in Blackstone will be given. All who satisfactorily pass such special examination will be entitled to a certificate of having completed the reading of Blackstone.

Second term; Friday and Saturday, 12.30, A₁ O.

Professor E. J. Phelps.

Lectures upon American Constitutional Law and upon International Law. Text-books are read in connection with the lectures. This course is not intended merely for those who are contemplating the study of the law as a profession, but for all who may be interested in the subjects as a branch of general education. Students who pursue the course and pass the graduating examination thereon, are entitled to a certificate which in many States is accepted as counting a year in the period of study required for admission to the bar.

* * * *

Catalogue Yale University 1899/1900, pp. 210-14

II. ECONOMICS AND SOCIAL SCIENCE, HISTORY, LAW
[Graduate School]

President Hadley, LL.D.	George P. Fisher, D.D., LL.D.
Edward J. Phelps, LL.D.	William H. Brewer, Ph.D.
Arthur M. Wheeler, LL.D.	William G. Sumner, LL.D.
Charles H. Smith, LL.D.	George B. Adams, Ph.D.
Henry W. Farnam, R. P. D.	John B. Clark, Ph.D., LL.D.
William F. Blackman, Ph.D.	Edward G. Bourne, Ph.D.
John C. Schwab, Ph.D.	Irving Fisher, Ph.D.
George L. Fox, M.A.	Edwin B. Gager, B.A.
Frederick Wells Williams, B.A.	Walter I. Lowe, Ph.D.
William B. Bailey, Ph.D.	Edward D. Collins, Ph.D.
John M. Gaines, B.A.	Albert G. Keller, Ph.D.

ECONOMICS AND SOCIAL SCIENCE

Professor Sumner :—

1 Anthropology. 2 hrs.

A careful study of Ranke’s Der Mensch (2d ed.), with an examination of the separate topics by means of all the appropriate material.
[Not given in 1899–1900.]

2 Systematic Societology; Section IV. a. 2 hrs.

An ethnological study of the development of the Mental Operations and of the growth and contents of the Mental Outfit of the human race, in the earlier stages; knowledge and pseudo-knowledge, world-philosophy, otherworldliness, industrial theories, mores, codes, mental training, traditional wisdom.
[Not given in 1899–1900.]

3 Politics and Finance in the History of the United States. 2 hrs.

A study of the evolution of the institutions of the democratic republic, of the societal organization, and of the history of the money of account.
[Not given in 1899–1900.]

4 The Industrial Revolution of the Renaissance Period. 2 hrs.

A chapter in the history of the development of the industrial organization. The industrial element in the Renaissance. The transition from medieval to modern society in its causes, new elements, effects on classes, effects on economic doctrine. Changes imposed on the industrial organization; world-commerce, land-tenure, handicrafts, banking, and money.
[Monday, 10.30 A.M. and Wednesday, 9.30 A. M.]

5 The Beginnings of the Industrial Organization. 2 hrs.

An ethnological study of the industrial organization from its earliest beginnings. Division of labor between the sexes and the special functions of each; regulation of industry; slavery; formation of capital; discoveries and inventions; domestication of animals and plants; money, etc.
[Wednesday and Thursday, 10.30 A.M.]

6 The Science of Society*. 2 hrs.

[See Course 40, page 68.]

6a The Science of Society*. 2 hrs.

[See Course 41, page 69.]

Professor J. B. Clark :—

7 History of Theories of Distribution.

Professor Farnam:—

8 Pauperism. 2 hrs. 1st term.

An examination of the nature and causes of indigence, the history of efforts to deal with it, and some of the modern problems arising in connection with it.
[Not given in 1899–1900.]

9 The Modern Organization of Labor. 2 hrs. 2d term.

These lectures treat of the historical antecedents and the development during the nineteenth century of associations of wage-receivers. They therefore include an account of the structures, aims, and methods of such societies in different countries, together with a discussion of their relations to socialism, the factory system, labor disputes, labor legislation, workingmen’s insurance, provision for the unemployed, and other features of the modern industrial world.
[Not given in 1899–1900.]

10 The Principles of Public Finance. 2 hrs.

A systematic survey of the means by which the expenditures of government are met, being had both to the economic principles involved and to the fiscal systems of modern states. Leading topics are: the budget, taxation (national and local), public debts, and state banks considered as aids to public credit.
[Not given in 1899–1900.]

President Hadley and Professor Schwab :—

11 Economics*. 2 hrs.

[See Course 30, page 66.]

12 United States Industrial History*. 2 hrs.

[See Course 33, page 67.]

Professor Schwab :-

13 Finance*. 2 hrs.

[See Course 32, page 66.]

14 United States Financial History*. 1 hr.

[See Course 38, page 68.]

15 The Finances of the Confederate States, 1867-65. 1 hr.

A course of lectures upon the financial and industrial history of the South during the Civil War.
[Tuesday, 10.30 A.M.]

Professor Blackman :—

16 Social Science. 2 hrs.

A study of some important problems of American life, such as the negro; the immigrant; the defective, dependent, vicious and criminal classes (charities and correction); the city; the wage and factory system; the family; and communism, socialism, and anarchism. The lectures are supplemented by reports and book-reviews by the students, and (probably) by a visit to the charity and correctional institutions of New York. As introductory to the course, a few lectures are given on the study and literature of Sociology.
[Wednesday and Saturday, 8.25 A. M.]

17 The Literature of Sociology. 2 hrs. 1st term.

A classification of the principal writers in “schools,” and a comparison and contrast of their points of view and methods: contractual (Rousseau), positivist (Comte), evolutionary (Spencer, Drummond), biological (Schäffle), psychological (Tarde, Durkheim, Le Bon, Simmel, Ward, Giddings, Baldwin), “groupwise” (Gumplowicz), observational, and statistical (Le Play, Quetelet), theocratic (Old Testament).
[Thursday, 10 A. M.]

18 A Sociological Study of the Family. 1 hr. 2d term.

Its biological and psychological bases; its history; matriarchy and patriarchy; polyandry, polygyny, monogamy; heredity, physical and social; prostitution, and divorce; the moral and social significance of the family.
[Thursday, 10 A. M.]

19 The Social Teaching and Influence of Christianity. 1 hr.

Selected portions of the following works will be studied and discussed: Friedländer’s Sittengeschichte Roms, Sienkiewicz’s Quo Vadis, Mathews’s Social Teaching of Jesus, Schmidt’s Social Results of Early Christianity, Uhlhorn’s Conflict of Christianity with Heathenism and Die Christliche Liebesthätigkeit, Nash’s Genesis of the Social Conscience, Lecky’s History of European Morals, Dennis’s Christian Missions and Social Progress.
[Thursday, 8.25 A.M.]

Dr. Bailey :-

20 The Economic System of Classical Antiquity. 1 hr.

A critical study is made of the political and social institutions of Greece and Rome. The lectures treat of the income and expenditure of the state, the currency, credit instruments, poor relief, slavery, land tenure, commerce, trade regulations, marriage institutions, etc.
[Tuesday, 9.30 A.M.]

21 Statistics*. 2 hrs.

[See Course 31, page 66.]

Mr. Gaines :—

22 Mathematical Economics*. 2 hrs.

[See Course 34, page 67.]

Dr. Keller :—

23 Homeric Social Life.

A systematic study of Homeric social life from the direct documentary evidence of the Iliad and Odyssey; National Environment, Industrial Organization, Religion, Property, Marriage, Government and Classes will be studied in the light of Sociology and Culture-history. The comparative method will be used as far as possible, and an attempt will be made to “place” the Homeric Age in its various relations to general culture-development. The course will afford practice in the interpretation of historical documents and will be most profitably pursued by those able to read German or French.

Image Source: “Old Library, Yale Coll., New Haven, Conn.”The Miriam and Ira D. Wallach Division of Art, Prints and Photographs: Photography Collection, The New York Public Library. The New York Public Library Digital Collections. 1898 – 1931.

Tags BaileyWm, Blackman, ClarkJB, Farnam, FisherIrving, Gaines, Hadley, Schwab, Sumner

Columbia Economic History Economists Yale

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

Post author By Irwin Collier
Post date 2016-09-08
1 Comment on 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.

____________________________

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)“

Tags Bergson, Domar, Montias, Powell

Chicago Economists Yale

Chicago. James Tobin Autobiographical Letter from Faculty Meeting, 1950

Post author By Irwin Collier
Post date 2016-05-20

The following autobiographical remarks by James Tobin were circulated among the University of Chicago faculty before its Monday, February 13, 1950 meeting. After discussing the “Old Business” of the Committee Report on Ph. D. Thesis requirements and Departmental policy on library acquisitions, a third item added by hand to the mimeographed agenda was “C. Appointment (Tobin)”.

Cf. the Search Committee report on Tobin from Columbia University, also from 1950.

Robert Dimand has recently published the book James Tobin in the Palgrave Macmillan series Great Thinkers in Economics.

A list of major works and Tobin-related links are at the Gonseca History of Economic Thought Website.

_____________________________________

If you find this posting interesting, here is the complete list of “artifacts” from the history of economics I have assembled. You can subscribe to Economics in the Rear-View Mirror below. There is also an opportunity for comment following each posting….

_____________________________________

TO: Professor T. W. Schultz

DATE: January 27, 1950

FROM: J. Marschak

Following our conversation on Tuesday, I attach 20 copies of the biography of James Tobin, with the request that they be circulated among the members of the Department.

Please note that Tobin’s article “Tax Measures to Encourage Saving” has been published in the meantime in the recent issue of the American Economic Review.

Sincerely yours,

Jacob Marschak

JAMES TOBIN. (Letter of April 2, 1949)

I was born March 5, 1918, in Champaign, Illinois, attended the local schools and the University of Illinois High School. I went to Harvard College on a National Scholarship and was graduated in 1939. I majored in economics in college, and did two years of graduate work in economics at Harvard 1939-41. I worked at Washington at OPACS and WPB from June 1941 to April 1942, when I went into the Navy and served as a line officer on a destroyer. I was “separated” in January 1946 and returned to Harvard to write a thesis. I was a part-time teaching fellow until I received the degree of Ph. D. I am married and have one child, aged 8 months.

I have indicated my training in economics in the previous paragraph: it is better than my mathematical background. In college I had two years of calculus, and as a graduate student I took a half-year course in mathematical statistics and a half-year course in mathematical economics. One of my chief occupations as a Junior Fellow has been to try to improve my mathematical equipment, by attending some courses and by independent work. I have studied advanced calculus, probability, differential equations, modern algebra.

Publications: “Note on the Money Wage Problem,” QJE, LV, 1941, 508-15. “The Role of Statistical Forecasts in Planning for Defense,” Public Policy, III, 1942, 197-223. “Liquidity Preference and Monetary Policy,” Rev. Ec. Stat., XXIX, 1947, 124-131. “Rejoinder” (to Clark Warburton, on same subject), ibid., XXX, 1948, 314-317. “Money Wage Rates and Employment,” in The New Economics, 572-587. “The Fallacies of Lord Keynes’ ‘General Theory’” (By Jaccques Rueff): Comment,” QJE, LXII, 1948, 763-770. A note on “Tax Measures to Encourage Saving” will be published in the AER later this year.

My thesis was entitled “A Theoretical and Statistical Analysis of Consumer Saving.” In it I attempted to derive a saving function by using both budget data and time series—a device suggested by you—and to bring in variables other than income: asset holdings, capital gains, price level. An article based on the thesis is promised for the projected volume in honor of John H. Williams. I am very much interested in the problems involved in obtaining statistical demand functions and am at present completing work on one for food, again using both budget data and time series.

Source: Hoover Institution Archives, Milton Friedman Papers, Box 79, Folder 2 “University of Chicago Minutes, Economics Department, 1949-1953”.

Image Source: Yale University Manuscripts & Archives. Digital Images Database. “James Tobin in war uniform (1945-December)”.

Tags Marschak, SchultzTW, Tobin

Amherst Brown Bryn Mawr Columbia Cornell Harvard Indiana Johns Hopkins Michigan Nebraska Pennsylvania Princeton Smith Vassar Wellesley Williams Yale

Economics Courses at 17 U.S. Colleges and Universities 1890-91

Post author By Irwin Collier
Post date 2016-02-06

COURSES IN ECONOMIC AND POLITICAL SCIENCE,
AMERICAN COLLEGES AND UNIVERSITIES.
[1890-91]

Amherst College
Brown University
Bryn Mawr College
Columbia College
Cornell University
Harvard University
Johns Hopkins University
Indiana University
University of Michigan
University of Nebraska
College of New Jersey (Princeton)
University of Pennsylvania
Smith College
Vassar College
Wellesley College
Williams College
Yale University

AMHERST COLLEGE, AMHERST, MASS.

Department of History and Political Science, 1890-91, includes:

History.—The first course extends through Junior year. It begins with an introductory outline of ancient history, in which the aim is acquaintance with the contributions of each period and people to general civilization. In the fuller study of mediaeval and modern history which follows the same aim is pursued. The political development of England and the United States receives particular attention. The second course extends through the first and second terms of Senior year. Its theme is the political and constitutional history of the United States. In each course the means of instruction are text-books, lectures, regular and frequent examinations, abstracts and essays upon topics assigned each student.

Political Economy.—The course extends through Senior year. The first term is devoted to theoretical political economy ; the second to the Labor Question, Socialism, and the relations of the state to transportation; the third to Finance, the Principles of Taxation, Public Credit, and Tariffs.

International Law.—This study is one of the electives of the third term of Senior year.

The methods of instruction in political economy and international law are like those in history.
Annual tuition fee, full college course, $110.
No scholarships nor prizes in department above mentioned.

BROWN UNIVERSITY, PROVIDENCE, R. I.

Department of History and Political Science, 1890-91, includes:

HISTORY.

(4) Political and Constitutional History of European and American States during recent years. 3 hrs., first half-year, Seniors, Prof. Jameson.
(5) History of International Law during recent years. 3 hrs., second half-year, Seniors, Prof. Jameson.
And four Honor Courses.

POLITICAL ECONOMY

(1) Elementary Course. 3 hrs., first half-year, Seniors, Mr. Fisher.
(2) Advanced Course. 3 hrs., second half-year, Seniors, Mr. Fisher.
And Honor Courses.

Tuition fee, $100.
The University has about one hundred scholarships, details concerning which can be learned from the Registrar.

BRYN MAWR COLLEGE, BRYN MAWR, PA. (For Women.)

Programme for 1891 includes:

POLITICAL SCIENCE:
MINOR COURSE.

First Semester.—Political Economy.
Second Semester.—Political Institutions.

MAJOR COURSE.

First Semester.—Advanced Political Economy, Administration.
Second Semester.—International Law, and in alternate years Political Theories.

GRADUATE COURSE INCLUDES:

Modern Theories of Sociology. Franklin H. Giddings, Associate in Political Science.

Tuition irrespective of number courses attended, $100 a year.
Five fellowships are awarded annually, none, however, in foregoing studies. They entitle the holder to free tuition, a furnished room in the college buildings, and $350 yearly.

COLUMBIA COLLEGE, NEW YORK CITY.

University Faculty of Political Science, 1890-91, includes:

HISTORY.

(1) Mediaeval History. 2 hours a week, 1st session, Prof. Dunning.
(2) Modern History to 1815. 2 hours a week, 2d session, Prof. Goodnow.
(3) Modern History since 1815. 2 hours a week, 1st session, Prof. Munroe Smith.
(4) Political and Constitutional History of Europe. 4 hours a week, 1st session. Prof. Burgess.
(5) Political and Constitutional History of England to 1688. 2 hours a week, 1st session, Prof. Osgood.
(6) Political and Constitutional History of England since 1688. 2 hours a week, 2d session, Prof. Osgood.
(7) Political and Constitutional History of the United States. 4 hours a week, 2d session, Prof. Burgess.
(8) History of New York State. 2 hours a week, 2d session, Mr. Whitridge.
(9) History of the Relations Between England and Ireland, 1 hour through the year, Prof. Dunning.
(10) Historical and Political Geography. 1 hour through the year, Prof. Goonnow
(11) Seminarium in European History. 2 hours through the year, Prof. Osgood.
(12) Seminarium in American History. 2 hours through the year. Prof. Burgess.

POLITICAL ECONOMY.

(1) Elements of Political Economy. 2 hours a week, 2d session, Prof. Osgood.
(2) Historical and Practical Political Economy. 3 hours per week through the year, Prof. R. M. Smith.
(3) History of Economic Theories. 2 hours through the year, Prof. Seligman.
(4) Socialism and Communism. 2 hours per week through the year, Prof. R. M. Smith.
(5) Science of Finance. 2 hours per week through the year, Prof. Seligman.
(6) Financial History of the United States. 2 hours per week through the year, Prof. Seligman.
(7) Tariff History of the United States. 2 hours per week, 2d session, Prof. Seligman.
(8) State and Local Taxation. 1 hour per week through the year, Dr. Spahr.
(9) Statistics, Methods, and Results. 2 hours per week through the year, Prof. R. M. Smith.
(10) Railroad Problems. 2 hours per week through the year, Prof. Seligman.
(11) Ethnology. 2 hours per week through the year, Prof. R. M. Smith.
(12) Seminarium in Political Economy. 2 hours per week through the year, Profs. R. M. Smith and Seligman.
(13) Seminarium in Finance. 2 hours per week through the year, Prof. Seligman.
(14) Seminarium in Social Science and Statistics. 2 hours per week through the year, Prof. R. M. Smith.

CONSTITUTIONAL AND ADMINISTRATIVE LAW.

(1) Comparative Constitutional Law of Europe and the United States. 3 hours per week. Prof. Burgess.
(2) Comparative Constitutional Law of the Commonwealths of the United States. 2 hours per week, 2d session, Dr. Bernheim.
(3) Administrative Organization and the Civil Service of Europe and the United States. 3 hours per week, 1st session, Prof. Goodnow.
(4) Administrative Action: Police Power, Education, Public Charity, Transportation, etc. 3 hours a week, 2d session. Prof. Goodnow.
(5) Local Government. 2 hours a week, 1st session. Prof. Goodnow.
(6) Municipal Government. 2 hours a week, 2d session, Prof. Goodnow.
(7) Law of Taxation. 1 hour through the year, Prof. Goodnow.
(8) City and State Politics. 1 hour per week through the year, Dr. Bernheim.
(9) Seminarium in Constitutional Law. 2 hours a week through the year, Prof. Burgess.
(10) Seminarium in Administrative Law. 2 hours a week through the year, Prof. Goodnow.

DIPLOMACY AND INTERNATIONAL LAW.

(1) General History of Diplomacy. 2 hours per week, 1st session, Pi of. Burgess.
(2) Diplomatic History of the United States. 2 hours per week, 2d session, Dr. Bancroft.
(3) Principles of International Law. 2 hours per week, 2d session, Prof. Burgess.
(4) Seminarium in International Law. 2 hours per week through the year. Prof. Burgess and Dr. Bancroft.

LEGAL HISTORY AND COMPARATIVE JURISPRUDENCE.

(1) History of European Law to Justinian. 2 hours a week, 1st session, Prof. Munroe Smith.
(2) History of European Law from Justinian to the present day. 2 hours a week, 2d session, Prof. Munroe Smith.
(3) Comparative Jurisprudence. 2 hours a week through the year, Prof. Munroe Smith.
(4) International Private Law. 1 hour per week through the year. Prof. Munroe Smith.
(5) Seminarium in Comparative Legislation. 2 hours a week through the year, Prof. Munroe Smith.

POLITICAL PHILOSOPHY.

(1) History of Political Theories, Ancient and Mediaeval. 3 hours a week, 1st session. Prof. Dunning.
(2) History of Modern Political Theories. 3 hours a week, 2d session, Prof. Dunning.
(3) Seminarium in Political Theories of the 19th Century. 2 hours per week through the year, Prof. Dunning.

Some of the foregoing courses are given only in alternate years. During 1891-92 several new courses will be offered in History and in Sociology.

The course of study covers three years. The degree of A. B. or Ph.B. is conferred at the end of the first year, A.M. at the end of the second, and Ph.D. at the end of the third.
Tuition fee $150 a year, reducible on application to $100. Tuition fee for special courses, $10 for each one-hour course. Twenty-four University Fellowships of $500 each with free tuition, designed to foster original research, are awarded to advanced students in the University. A proportionate number are allotted to the Faculty of Political Science. Four additional fellowships of $250 each, with free tuition, are awarded annually to advanced students of Political Science. Three prize lectureships of $500 each for three years are awarded to graduates in Political Science.

For further information address the Registrar.

CORNELL UNIVERSITY, ITHACA, N. Y.

Department of History and Political Science, 1890-91, includes:

HISTORY.

(4) Political and Social History of Europe During the Middle Ages. 1 hr. thrice a week, Asst. Prof. Burr.
(5) Political and Social History of Europe from the Renaissance to the French Revolution. 1 hr. thrice a week, Asst. Prof. Burr.
(6) Political and Social History of England from the Saxon Invasion to the Close of the Napoleonic Wars. 1 hr. thrice a week, Asst. Prof. Burr.
(7) Political, Social, and Constitutional History of Europe from Beginning of French Revolution of 1789 to the Franco-German War of 1870. 1 hr. thrice a week. Several lectures in this course from ex-Pres. White and Pres. Adams.
(12) American Constitutional History and American Constitutional Law. 1 hr. thrice a week, Prof. Tyler.
(13) American Historical Seminary for Seniors and Graduates, and for Juniors and Seniors. The original investigation of subjects in American Constitutional History. 2 hrs. a week, Prof. Tyler.
(14) History of Institutions. Fall term: General principles of political organization. Winter term: Growth of the English Constitution. Spring term: Methods of municipal administration. 1 hr. thrice a week, Prof. Tuttle.
(15) International Law and History of Diplomacy. 1 hr. twice a week, Prof. Tuttle.
(16) Literature of Political Science. 1 hr. a week, Prof. Tuttle.
(17) General Seminary. Study, from the sources, of obscure political and historical questions. 2 hrs. a week, Prof. Tuttle.

POLITICAL ECONOMY.

(19) Elementary course. Principles of Political Economy. Banking. Financial Legislation of the United States. 1 hr. thrice a week, Prof. Laughlin.
(20) Advanced Course. Discussion of economic writers and systems. Investigation of current economic topics: Bimetallism, Shipping, Railway Transportation. 1 hr. twice a week. Prof. Laughlin.
(21) History of Tariff Legislation of the United States. 1 hr. a week, Prof. Laughlin.
(22) Economic seminary. hrs. a week, Prof. Laughlin.

SOCIAL SCIENCE.

(26) Social Science, including the History and Management of Charitable and Penal Institutions. 1 hr. a week, Prof. Collin.

Tuition fee, $125 a year.

Fellowships, eight in number, yielding $400 for one year, or in cases of remarkable merit for two years, are offered for high proficiency in advanced study, without special reference to foregoing departments.

HARVARD UNIVERSITY, CAMBRIDGE, MASS.

Department of Political Economy, 1890-91, includes:

PRIMARILY FOR UNDERGRADUATES

(1) First half-year: Mill’s Principles of Political Economy. Second half-year: Division A (Theoretical)—Mill’s Principles of Political Economy. Cairnes’ Leading Principles of Political Economy. Division B (Descriptive)—Money, Finance, Railroads; Social Questions; Laughlin’s History of Bimetallism. Dunbar’s Chapters on Banking. Hadley’s Railroad Transportation. Lectures. 1 hr. thrice a week, Asst. Prof. Taussig, assisted by Mr, Cole.

All students in Course 1 will have the same work during the first half-year, but will be required in January to make their election between Divisions A and B for the second half- year. The work in Division A is required for admission to Course 2.

(4) Economic History of Europe and America since the Seven Years’ War. Lectures and written work. 1 hr. thrice a week, Prof. Dunbar, assisted by Mr. Cole.

COURSES FOR GRADUATES AND UNDERGRADUATES.

(2) History of Economic Theory. Examination of Selections from Leading Writers. Socialism. 1 hr. thrice a week, Asst. Prof. Taussig and Mr. Brooks.
(3) Investigation and Discussion of Practical Economic Questions. 1 hr. twice a week (first half-year), counting as a half course, Mr. Brooks.
(6) History of Tariff Legislation in the United States. Half course. 1 hr. thrice a week (second half-year). Asst. Prof. Taussig.
(8) History of Financial Legislation in the United States. 1 hr. twice a week (second half-year), counting as a half-course, Prof. Dunbar.
(7) Public Finance and Banking. Leroy-Beaulieu’s Science des Finances. 1 hr. twice a week, Prof. Dunbar.
(9) Railway Transportation. 1 hr. twice a week (second half-year), counting as a half- course, Asst. Prof. Taussig.

PRIMARILY FOR GRADUATES.

(20) Courses of Research.—Advanced Study and Research. Prof. Dunbar and Asst. Prof. Taussig.

Department of History, 1890-91, includes among Courses for Undergraduates:

(2) Constitutional Government (elementary course). Half course. 1 hr. thrice a week (first half-year), Prof. Macvane.
(9) Constitutional History of England to the Sixteenth Century. 1 hr. thrice a week, Dr. Gross.
(13) Constitutional and Political History of the United States (1783-1861). 1 hr. thrice a week, Asst. Prof. Hart.
(15) Elements of International Law. History of Treaties. 1 hr. thrice a week, Dr. Snow.
(22) Constitutional History of England to the Tudor Period, with attention to the sources. Dr. Gross.
(25) English Constitutional History from the Tudor Period to the Accession of George I. Mr. Bendelari.
(26) History of American Institutions to 1783. Asst. Prof. Channing.
(27) Constitutional Development of the United States. Discussion of Constitutional principles in connection with historical questions. Asst. Prof. Hart.
(29) Constitutional History of England since the Accession of George I. Second half- year. Prof. Macvane and Asst. Prof. Channing.
(30) Federal Government: historical and comparative. 1 hr. thrice a week (first half- year), Asst. Prof. Hart.
(31) Leading Principles of Constitutional Law: selected cases, American and English. 1 hr. thrice a week (second half-year), Prof. Macvane.
(32) The Historical Development of International Law. Dr. Snow.

And among Courses of Research:
(20b) The History of Local Government During the Middle Ages, especially in Great Britain: Seminary. Dr. Gross.
(20c) English History in the Period of the Long Parliament: Seminary. Mr. Bendelari.

The full annual tuition fee of a graduate student is $150. If a student has a degree in Arts, Letters, or Science, he enters the Graduate School, and finds any Courses in Political Science open to him which there is prima facie reason to suppose him prepared to take. If he has no degree he must apply for admission as a Special Student. Good cases are always favorably acted upon. The tuition fees of special students are: For any full elective course, $45; for a half course, $25 a year.

Among Fellowships are: One having income $450, for the study of Political Economy; another, income $500, for the study of Social Science; another, income $450, for the study of Ethics in its relation to Jurisprudence or to Sociology; another, income $450, assigned to students of Constitutional or International Law.

JOHNS HOPKINS UNIVERSITY, BALTIMORE, MD.

Department of History and Politics, 1890-91, includes:

GRADUATE AND ADVANCED COURSES.

(1) The Seminary of History and Politics for original investigation in American Institutional, educational, economic, and social history. Two hours weekly through the year, Dr. Herbert B. Adams.
(2) Early History of Institutions and Greek Politics. Two hours weekly, first half year. Dr. Herbert B. Adams.
(3) History of Prussia, devoting particular attention to the economic, administrative, and educational reforms instituted by Baron vom Stein. Herbert B. Adams.
(4) Lectures on Historical and Comparative Jurisprudence. Two hours weekly, through the year, Mr. Emmott.
(5) Finance and Taxation, giving special attention to taxation in American states and cities, and reviewing the tariff legislation of the United States. Two hours weekly, through the year, Dr. R. T. Ely.
(6) Economic Conference. Three out of four of these treat Adam Smith and his English and Scotch predecessors. The fourth is devoted to recent economic periodical literature. One evening each week, Dr. R. T. Ely.
(7) Dr. Woodrow Wilson gives twenty-five lectures upon Administration, beginning a new three-year series. The lectures of 1891 cover general questions of Public Law as connected with Administration, and examine the question of a professional civil service.
(8) Mr. J. M. Vincent lectures on courses of history and science of historical investigation.
(9) Dr. C. L. Smith lectures on social science.

UNDERGRADUATE COURSES.

(1) Greek and Roman History. Three hours weekly, from January until June.
(2) Outlines of European History (substitute for Course 1). Three hours weekly, from January until June, with Dr. C. L. Smith.
(3) History, Minor course: Herodotus and Thucydides, in translation. Weekly through the year, with a classical instructor.
(4) History, Minor course: Livy and Tacitus, in the original. Four times weekly, with classical instructors.
(5) History, Major course: Church History; Mediaeval and Modern Europe. Daily through the year, with Dr. Adams and Dr. C. L. Smith.
(6) Political Science, Minor course: introduction to Political Economy. Daily through the year, with Dr. Ely.
(7) Political Science, Major course: International Law and Diplomatic History; English and American Constitutional History. Daily, with Dr. Adams and Mr. Emmott.

Fee for tuition, Full University Course, $125 a year. Special students, not candidates for a degree, can follow certain courses, not exceeding five lectures weekly (of which a list may be seen in Treasurer’s office), on payment of $50 a year.

Twenty Fellowships, each yielding $500, but not exempting holder from charges for tuition, are annually awarded in the University. These are bestowed almost exclusively on young men desirous of becoming teachers of science and literature, or who propose to devote their lives to special branches of learning. There are also twenty scholarships of $200 each annually; and in addition, scholarships for candidates from Maryland, Virginia, North Carolina, and the District of Columbia, details concerning which are given in the University Register.

INDIANA UNIVERSITY, BLOOMINGTON, IND.

Department of History, Economics and Social Science, 1890-91, includes:

HISTORY.
PROF. EARL BARNES.

English Constitution and its History. 1st and 2d terms, daily.
History of the Constitution of the United States, 1774-1789. 1st term, daily.
American Political History, 1789-1890. Politics and Administration. 2d term, daily.

ECONOMICS AND SOCIAL SCIENCE.
PROF. J. W. JENKS.

Political Economy. 3 times a week, 1st and 2d terms.
Politics, elementary. Twice a week, 1st and 2d terms.
History of Political Economy. 5 times a week, 3d term.
Introduction to Sociology. 3 times a week, 1st term.
Introductory Course in Statistics. Twice a week, 1st term.
Social Problems. 5 times a week, 2d term.
History of Political Ideas. 5 times a week, 3d term.
Comparative Politics. Daily, 1st term.
Finance. 3 times a week, 2d and 3d terms.
Economic Seminary, for advanced students. Once a week, two-hour sessions.

Tuition free. A silver medal is offered annually by the Cobden Club, London, for the best work in Political Economy, Senior Class.

UNIVERSITY OF MICHIGAN, ANN ARBOR.

Departments of Political Economy, International Law, History, and Philosophy, 1890-91, includes:

POLITICAL ECONOMY
First Semester.

(1) Principles of Political Economy. 1 hr. thrice a week, Prof. Adams.
(3) Principles of the Science of Finance. 1 hr. twice a week, Prof. Adams.
(5) History of Economic Thought. 1 hr. a week, Prof. Adams.
(9) Seminary in Economics. 2 hrs. a week, Prof. Adams.
(11) Foreign Relations of the United States. 1 hr. twice a week, Mr. Hicks.

Second Semester.

(2) Unsettled Questions in Political Economy. 1 hr. thrice a week, Prof. Adams.
(4) Social and Industrial Reforms. 1 hr. twice a week, Prof. Adams.
(6) Tariff Legislation in the United States. 1 hr. a week, Mr. Hicks.
(10) Seminary in Economics. 2 hrs. a week, Prof. Adams.
(12) Foreign Relations of the United States. 2 hrs. a week, Mr. Hicks.

INTERNATIONAL LAW.
First Semester.

(1) Lectures on International Law. 1 hr. twice a week, Pres. Angell.

Second Semester.

(2) History of Treaties. 1 hr. twice a week, Pres. Angell.

HISTORY.
First Semester.

(3) Constitutional History of the United States. 1 hr. twice a week, Asst. Prof. Laughlin.

(5) Constitutional Law of the United States. 1 hr. twice a week, Asst. Prof. Laughlin.

(11) Seminary. Constitutional History of the United States. 2 hrs. a week, Asst. Prof. Laughlin.

(12) Comparative Constitutional Law. 3 hrs. a week, Prof. Hudson.

Second Semester.

(1) Political and Constitutional History of England. 1 hr. thrice a week, Mr. McPherson.

(4) Constitutional History of the United States. 1 hr. twice a week, Asst. Prof. Laughlin.

PHILOSOPHY.
Second Semester.

(13) Seminary. Studies in the History of Political Philosophy. Prof. Dewey.

The fees are: matriculation, for citizens of Michigan, $10; for others, $25. Annual fee in the Department of Literature, Science, and the Arts, in which foregoing studies are included, $20 for citizens of Michigan, $30 for others.

No scholarships. The one fellowship is for proficiency in Greek and Latin.

UNIVERSITY OF NEBRASKA, LINCOLN.

Department of Economic and Political Science, 1890-91, includes:

(1) Political Economy: General study of the subject, with the use of some text as Walker, Ely, or Andrews. Lectures on the character and history of the science, and on specific application of its principles to practical affairs. Topical reports from students required, and exercises assigned in the use of statistics. Junior or Senior Year; First and second terms, three hours.
(2) Taxation ; text and lectures. Junior or Senior Year: Third term, three hours.
(3) International Law: Outline study of the subject, with text. Third term, three hours.
(4) Municipal Administration: Comparative study of the City Governments of the present time, with especial reference to American practice in the administrative branches. First and second terms, two hours.
(5) Constitutional Law: A study of Cooley’s text-book, and lectures on the industrial bearings of the complex limitations imposed by our State and local constitutions. Third term, three hours.
(6) Private Corporations: First term, a comparative and historical view of corporation law in its economic aspects; second term, Railroad Problems; third term, Special reports on assigned topics involving original research. Whole year, two hours.
(7) Charities and Corrections: Lectures, study of reports of the State Boards and of the National Conference of Charities and Corrections, and visits to the charitable and penal institutions of the vicinity; third term, three hours.
(8) Methods of Legislating; A comparative view of the rules and practice of modern legislative assemblies, with special reference to the machinery of congressional and legislative action in the United States; first term, one hour,

All the above are taught by Associate Professor Warner. In the other departments Professor Kingsley offers a course in Anthropology, and many of the courses in History deal with the historical aspects of economic and industrial problems, and with the History of Institutions.

The terms of the year are respectively 14, 11, and 11 weeks. No scholarships. No fees.

COLLEGE OF NEW JERSEY, PRINCETON, N. J.

Departments of History and Political Science, and Jurisprudence and Political Economy, 1890-91, include:

HISTORY AND POLITICAL SCIENCE.
PROF. SLOANE.

(7) Constitutional and Political History of England since 1688. 2 hrs. a week, 1st term. Open to Juniors and Seniors.
(8) American Political History. 2 hrs. a week, 2d term. Open to Juniors and Seniors.
(9) Comparative Politics. Origin and Theory of the State. 2 hrs. a week, 1st term. Open to Seniors.
(10) History of Political Theories. 2 hrs. a week, 2d term. Open to Seniors.
(11) Contrasts between Parliamentary and Congressional Governments. 2 hrs. a week, 1st or 2d term. Open to Graduate Students.

JURISPRUDENCE AND POLITICAL ECONOMY.
PROF. WOODROW WILSON.

(1) In Public Law, its evidence as to the nature of the state and as to the character and scope of political sovereignty. 2 hrs. a week, 1st term, alternate years. Junior and Senior elective.
(3) American Constitutional Law, state and federal. 2 hrs. a week, 2d term, alternate years. Junior and Senior elective.
(5) Administration. 2 hrs. a week, 2d term, alternate years. Senior elective, and open to Graduate Students.
(7) Political Economy: Elementary course. Walker’s Elementary Political Economy, and lectures. 2 hrs. a week, 2d term. Required of Juniors.
(8) Political Economy: Advanced course. 2 his. a week, 1st term. Senior elective.

Academic tuition fee, $100 per an.

Admission to special courses on terms detailed in College Catalogue, p. 26.

A fellowship of $500 annually is offered in Social Science. Several fellowships in other departments of the academic course are also offered.

Among prizes are: Annual interest on $1000 for best examination. Senior class, Political Science; same, Political Economy; $50, American Political History; annual interest on $1000, best debater, American Politics.

UNIVERSITY OF PENNSYLVANIA, PHILADELPHIA, PA.

Wharton School of Finance and Economy, 1890-91, includes:

HISTORY.

(3) Constitution of the United States. 2 hrs. each week, Prof. Thompson.
(4) Political and Social History of Europe since 1760. 3 hrs., Mr. Cheyney.
(6) Economic and Social History of Europe singe 1789. 2 hrs., Mr. Cheyney.
(7) American Political and Social History, Colonial. 3 hrs., 1st term, Prof. McMaster.
(8) Church and State in America. 2 hrs., 1st term, Prof. Thompson.
(9) American Political and Social History (Washington to Jackson). 3 hrs., 2d term, Prof. McMaster.
(10) Economic History of the United States. 2 hrs., 2d term, Prof. Thompson.
(13) American Political and Social History (1825-1889). 4 hrs., 1st term, Prof. McMaster.
(14) American Constitutional History (1776-1889). 3 hrs., 2d term. Prof. McMaster.

ECONOMICS AND SOCIAL SCIENCE.

(1) Political Economy, elementary. 3 hrs., 1st term, Prof. Patten.
(2) Currency and Banking. 3 hrs., 2d term, Prof. Patten.
(3) Social Science. 2 hrs., Prof. Thompson.
(4) Social Science, advanced. 3 hrs., 1st term. Prof. Thompson.
(5) Political Economy, advanced, 3 hrs., 1st term. Prof. Patten.
(6) Political Economy, History of. 3 hrs., 2d term, Prof. Patten.
(7) Revenue System in the United States and leading foreign countries. 2 hrs., 1st term, Prof. James.
(8) History and Theories of. Public Finance, especially of Taxation. 2 hrs., 2d term, Prof. James.
(9) Statistics. 2 hrs., 2d term, Dr. Falkner.

PUBLIC LAW AND POLITICS.

(1) Constitution of the United States. 3 hrs., 1st term, Prof. James.
(2) State Constitutional Law. 2 hrs., 2d term. Dr. Thorpe.
(3) History and Theory of the State. 1 hr., 2d term, Prof. James.
(4) Constitutions of leading foreign countries. 2 hrs., 2d term, Prof. James.
(5) Public Administration in the United States. 2 hrs., 1st term, Prof. James.
(6) Public Administration in leading foreign countries. 2 hrs., 2d term, Prof. Jamss.

SEMINARIES.

(1) In Political Science. Prof. James.
(2) In Political Economy. Prof. Patten.

Fees, $150 a year for undergraduate work, and the same for graduate work without the fee for examination for advanced degree.

Five honorary scholarships are granted to graduates of any reputable American college; these make free all instruction in the graduate work of the University relating to subjects studied in the Wharton School.

The Wharton School is a unique endeavor to introduce a business course into the body of advanced college work, to make the college mean at least as much to the business man as to the professional classes.

SMITH COLLEGE, NORTHAMPTON, MASS. (For Women.)

Course for 1890-91 includes:

POLITICAL ECONOMY, POLITICAL SCIENCE, ETC.
PROF. J. B. CLARK.

Political Economy, Lectures, with use of Laughlin’s Political Economy and Clark’s Philosophy of Wealth. Senior year, fall term.
Political Economy and Political Science, with special readings. Winter term
Political History of the United States, and Political Economy, Lectures. Summer term.

Tuition fee for all students, regular, special and graduate, $100 a year.

Annual scholarships of $50 and $100 each have been established to assist meritorious students.

VASSAR COLLEGE, POUGHKEEPSIE, N. Y. (For Women.)

The Department of History and Economics, 1890-91, includes:

In the Senior year an advanced course is offered for the critical study of the origin and development of the English and American constitutions and a comparative study of the existing political institutions of the two countries.

In American history the work includes the study of the government of the individual colonies, the different attempts, to form a union, and the adoption of the present constitution.

(1) Principles of Economics. Recitations from Walker’s Political Economy and Jevons’ Money and the Mechanism of Exchange. First semester, elect for Seniors. Associate Professor Mills.
(2) Advanced Course. Special topics. Lectures and investigation. Second semester, elective for Seniors who have had Course 1. Associate Professor Mills.

Tuition, day students, $115 a year.

Several scholarships are offered, particulars of which are given in Calendar.

WELLESLEY COLLEGE, WELLESLEY, MASS. (For Women).

The Department of History, Political Science, and Political Economy, 1889-90, includes:

HISTORY.

(1) Political History of England and the United States: England, first semester; United States, second semester.

(4) Constitutional History of England and United States: England, first semester, Coman’s Outlines; United States, second semester. Hart’s Outlines.

(6) Political Science: lectures on Grecian and Roman methods of government, twice a week, first semester; lectures on the history of political institutions, twice a week, second semester.

POLITICAL ECONOMY.

(1) Economic Science, first semester. Authorities, Mill, Marshall, Walker.

(2) Economic and Social Problems, second semester. Lectures and special topics.

No text-books are used. Each class is provided with printed outlines, and adequate references to the best authorities. Lectures are given where guidance is needed, but the student is made responsible for a large amount of independent library work.

Tuition, $150 a year.

There are more than twenty scholarships, details of which are given in calendar.

WILLIAMS COLLEGE, WILLIAMSTOWN, MASS.

Department of Political Economy and Political Science, 1890-91, includes:

Political Economy is a prescribed study, running through the 2d and 3d terms (33 weeks). 3 times a week, Prof. A. L. Perry.
Political Science is an elective study, running through all the terms beginning with the 1st of Junior Year. The basis of instruction is the text of the Constitution, interpreted in the light of decisions of the Supreme Court. Prof, A. L. Perry.
In 3d term of Senior Year two hours a week are given to Sociology. Prof. J. Bascom.

History includes principles and methods of historical study as applied to the politics and institutions of Europe.

Fee for tuition, per year, $105.

Perry prizes, $50 and $25 respectively, are awarded in History and Political Science.

The Cobden Club, of London, offers a silver medal annually for the highest proficiency in Political Economy.

YALE UNIVERSITY, NEW HAVEN, CONN.

Departments of Political Science and Law and History, 1890-91, include:

POLITICAL ECONOMY.

(10) Political Economy, its elements, recent financial history of the United States, with lectures on elementary principles. 2 hrs., both terms. Prof. Sumner.
(11) Political Economy. A one-year course planned to give a comprehensive knowledge of essentials to those whose chief interest lies in other departments of study. 3 hrs., both terms (Seniors), Prof. Sumner.

(Courses 12 to 15 are open only to those who have taken Course 10.)

(12) Advanced Political Economy. 2 hrs., both terms (Seniors), Prof. Sumner.
(13) Finance. 1 hr., both terms (Seniors), Prof. Sumner
(14) School of Political Economy, for those who make this their chief study during the year. Prof. Sumner and Dr. Schwab.
(15) Social Science, an elementary course. 1 hr., both terms (Seniors), Prof. Sumner.
(16) Industrial History of the United States since 1850. Open only to those who have already studied Political Economy. 2 hrs., first term (Seniors), Prof. Hadley.
(17) Modern Economic Theories. 2 hrs., 2d term (Seniors), Prof. Hadley.

LAW.

(18) Includes constitutional and international law. Open only to those who take Course 19. 2 hrs., 2d term (Seniors), Prof. Phelps.
(19) Jurisprudence. Includes law in its relation to the origin, development and government of political society, nature and origin of legal rights, and principles of the law governing rights in land. 2 hrs., 1st term (Seniors), Prof. Robinson.

HISTORY.

(20) History of Europe since 1789, mainly political. 2 hrs., both terms (Seniors), Prof. Wheeler.
(21) English History, political and constitutional. 3 hrs., both terms (Seniors), Prof. Wheeler.
(22) American History. In the national period special attention is given to the rise and progress of political parties. 2 hrs., both terms (Juniors), Prof. C. H. Smith.
(23) American History. Study of the Constitution and Supreme Court interpretations. 2 hrs., both terms (Seniors), Prof. C. H. Smith.
(24) Europe from 1520 to 1789. With special attention to political history. 2 hrs., both terms, Prof. Adams.

The foregoing are among the elective courses. Juniors select nine hours per week, and Seniors select fifteen. The no. of hrs. specified means hrs. per week.

The fee for graduate instruction is generally $100 per annum, but may be more or less according to the course pursued. A variety of fellowships and prizes are offered, none, however, specifically in foregoing courses.

________________________

Source: The Society for Political Education. The Reader’s guide in Economic, Social and Political Science, being a classified bibliography, American, English, French and German, with descriptive notes, author, title and subject index, courses of reading, college courses, etc., R. R. Bowker and George Iles, eds. New York: G. P. Putnam’s Sons, 1891, pp. 129-137.

Yale. Graduate Course Keynesian Economics, Tobin. 1951-52

Post author By Irwin Collier
Post date 2016-02-01

James Tobin came to Yale in 1950 at the rank of associate professor following his three years as a Junior Fellow of Harvard’s Society of Fellows that included a research stay at Richard Stone’s Department of Applied Economics in Cambridge. His Yale graduate course on “Aggregative Theory” covered contemporary Keynesian macroeconomics at mid-century.

This picture in his navy uniform is dated December 1945 according to the Yale archives.

_______________________________

Economics 110: 1951-52

1. Introduction to Model-building. Equilibrium Systems and their Stability

T. C. Schelling, National Income Behavior, Chs. 2, 3, 4 (pp 41-2), 5, 12.
R. G. D. Allen, Mathematical Analysis for Economists, Sections 2.9, 11.6, 11.7.
P. A. Samuelson, Foundations of Economic Analysis, Chs. I, II, and pp. 257-260.
Schelling, pp. 42-52.

2. The Keynesian and Classical Aggregative Models

J. R. Hicks, “Mr. Keynes and the Classics; a Suggested Interpretation”, Econometrica, V, 1937, p. 147.
R. F. Harrod, “Keynes and Traditional Theory” Econometrica, V, 1937 (reprinted, in The New Economics, p. 591.)
F. Modigliani, “Liquidity Preference and the Theory of Interest and Money” Econometrica, XII, 1944.
O. Lange, “The Rate of Interest and the Optimum Propensity to Consume” Economica, 1938 (reprinted in Readings in Business Cycle Theory, p. 169.
L. R. Klein, The Keynesian Revolution, Ch. III.

J. E. Meade, “A Simplified Model of Keynes’ System”, Review of Economic Studies, February 1937 (reprinted in The New Economics, p. 606)
Samuelson, Foundations, pp. 276-283.

W. Leontief, “The Fundamental Assumption of Keynes’ ‘General Theory’” Quarterly Journal of Economics, LI, 1936, p. 192.
W. Leontief, “Postulates: Keynes’ General Theory and the Classicists,” The New Economics, p. 232.

L. R. Klein, The Keynesian Revolution, 199-206.
J. Marschak, Income, Employment, and the Price Level, Lectures 18, 19, 20, Supplementary Lectures II, III.

3. The Consumption Function

a. Asset Holdings and the “Pigou Effect”

A. C. Pigou, “The Classical Stationary State”, EJ, 1943, 343-351.
M. Kalecki, “Professor Pigou on ‘The Classical Stationary State’—A Comment”, EJ 1944, 131-2.
Pigou, “Economic Progress in a Stable Environment”, E, 1947, 180-90.
Don Patinkin, “Price Flexibility and Full Employment”, AER 1948, 543-64 and Comment by H. Stein and Reply by Patinkin, AER 1949, 725-8.
Klein, 206-213
[Handwritten addition:] G. Ackley, “The Wealth-Saving Relationship”, JPE 1951, 154-161.

b. Problems of Aggregation

Klein, 192-196.
Staehle, “Short-period Variations in the Distribution of Incomes,” REStat 1937, 133-143, and 1939, 129-30.
Marschak, “Personal and Collective Budget Functions” REStat 1939, 161-70.
T. Haavelmo, “Family Expenditures and the Marginal Propensity to Consume”, Ec 1947, 335-341.
J. S. Duesenberry, Income, Saving and the Theory of Consumer Behavior, Chapters III, IV.
H. Lubell, “Effects of Income Redistribution on Consumers’ Expenditures” AER 1947, 157-170 and 930-1.
D. Brady and R. Friedman, “Savings and the Income Distribution”, Studies in Income and Wealth, X, 247-265.

c. The “secular” and “cyclical” functions

A. H. Hansen, Economic Policy and Full Employment, Ch. XIV.
A. H. Hansen, “A Note on the Secular Consumption Function” AER 1950, 662-4.
F. Modigliani, “Fluctuations in the Saving-Income Ratio” Studies in Income and Wealth, XI, 371-443.
J. S. Duesenberry, op. cit., Chapters III, IV, V.
L. Metzler, “Three Lags in the Circular Flow of Income”, in Income, Employment, and Public Policy (in honor of Hansen), 11-32.
R. P. Mack, “The Direction of Change in Income and the Consumption Function”, REStat, 1948, 239-258.

4. Liquidity Preference and the Theory of Interest

T. Wilson, Fluctuations in Income and Employment, Chapters I, II.
D. H. Robertson, Essays in Monetary Theory, Ch. I.
D. H. Robertson, “Some Notes on the Theory of Interest” in Money, Trade, and Economic Growth (in honor of J. H. Williams) 193-209.
A. H. Hansen, Monetary Theory and Fiscal Policy, Chapters 3, 4.
W. Fellner, Monetary Policies and Full Employment, Chapters V, VI.
N. Kaldor, “Speculation and Economic Stability” RES Oct. 1939, 1-27.
M. Kalecki, “The Short-Term and the Long-term Rate of Interest” Studies in Economic Dynamics, 32-46.
J. R. Hicks, Value and Capital, Chapters XI, XII, XIII.
P. A. Samuelson, Foundations, 122-4.
T. Scitovsky, “A Study of Interest and Capital” E 1940, 293-317.
A. Smithies, “Process Analysis and Equilibrium Analysis” EC 1942, 26-38.
[Handwritten addition:] L. Metzler, “Wealth, Saving, and the Rate of Interest”, JPE 1951, 93-113.

5. The Investment Function

Klein, 196-199.
Wilson, op. cit., Chapters V, VI, VII.
N. Kaldor, “A Model of the Trade Cycle” EJ 1940, 78-92.
M. Kalecki, “A New Approach to the Problem of Business Cycles” RES, Vol. XVI, 1949-50, 57-64.
A. P. Lerner, The Economics of Control, Chapter 25.
R. M. Goodwin, “Econometrics in Business-Cycle Analysis” in Hansen, Business Cycles and National Income, 442-449 (rest of chapter will be assigned later)
M. Kalecki, “The Principle of Increasing Risk”, Essays in the Theory of Economic Fluctuations, 95-106.

H. D. Henderson, “The Significance of the Rate of Interest” OEP #1, October 1938, 1-13.
J. Meade and P. W. S. Andrews, “Summary of Replies to Questions on the Effects of Interest Rates” OEP #1, October 1938, 14-31.
R. S. Sayers, “Business Men and the Terms of Borrowing” OEP #3, Feb. 1940, 23-31.
P.W. S. Andrews, “A Further Inquiry into the Effects of Rates of Interest”, OEP #3, Feb. 1940, 32-73.

K. Arrow, “Alternative Approaches to the Theory of choice in Risk-taking Situations” EC October 1951.

End of First Term

Abbreviations:

AER:                American Economic Review
EJ:                   Economic Journal
E:                     Economica
EC:                  Econometrica
QJE:                 Quarterly Journal of Economics
JPE:                 Journal of Political Economy
OEP:                Oxford Economic Papers
RES:                Review of Economic Studies
REStat:            Review of Economic(s and) Statistics

_______________________________

Economics 110
Reading List for Second Term: Dynamic Aggregative Theory

1. The Meaning of “Dynamics”

Samuelson, “Dynamic Process Analysis,” in Survey of Contemporary Economics, 352-355, 374-376.
Frisch, “On the Notion of Equilibrium and Disequilibrium,” Review of Economic Studies, 1935-36, 100-106.
Samuelson, Foundations of Economic Analysis, 311-320, 350-355.
Harrod, Towards a Dynamic Economics, 1-19.

[Handwritten marginal comment: Baumol? Schelling?]

2. The Mathematics of Dynamics

Samuelson, “Dynamic Process Analysis,” 356-367, 377-387.
Tinbergen, Business Cycles in the U.S.A. 1919-1932, 15-18, 140-147.

Suggested for further study:
Allen, Mathematical Analysis for Economists, Chapter XVI.
Samuelson, Foundations, Appendix B.
[Handwritten addition:] Schelling, Appendix.

3. The Nature and Logic of Dynamic Business Cycle Theory

Tinbergen, “Econometric Business Cycle Research”, in Readings in Business Cycle Theory.
Samuelson, Foundations, 335-342.
Frisch, “Propagation Problems and Impulse Problems in Dynamic Economics”, Economic Essays in Honour of Gustav Cassel, 171-206.
Tinbergen, “Annual Survey: Quantitative Business Cycle Theory”, Econometrica, 1935, 241-308.
Schumpeter, Business Cycles, 179-192, 533-535.

4. The Short-run Stability of Aggregative Models

Samuelson, Foundations, 257-269, 276-283.
Kaldor, “A Model of the Trade Cycle,” Economic Journal, 1940, 78-92.
Smithies, “Process Analysis and Equilibrium Analysis,” Econometrica, 1942, 26-38.
Metzler, “Three Lags in the Circular Flow of Income,” in Income, Employment, and Public Policy (Essays in Honor of Alvin H. Hansen).
Metzler, “The Nature and Stability of Inventory Cycles,” Review of Economic Statistics, 1941, 113-129.

5. Capital Accumulation and Growth

Domar, “Capital Expansion, Rate of Growth, and Employment,” Econometrica, 1946, 137-148.
Domar, “Expansion and Employment,” American Economic Review, 1947, 42-55.
Harrod, “An Essay in Dynamic Theory”, Economic Journal 1939, 14-33.
Fellner, Monetary Policies and Full Employment, Chapter II.
Schelling, “Capital Growth and Equilibrium,” American Economic Review, 1947, 864-876.
Alexander, “The Accelerator as a Generator of Steady Growth,” Quarterly Journal of Economics, 1949, 174-197.

6. Capital Accumulation and Cycles

Samuelson, “Interaction between the Multiplier Analysis and the Principle of Acceleration,” in Readings in Business Cycle Theory, 261-269.
Kalecki, Essays in the Theory of Economic Fluctuations, 116-149.
(Suggested: Kalecki, “A Macrodynamic Theory of Business Cycles,” Econometrica, 1935, 327-344.)
Hicks, The Trade Cycle.
Leontief, “Recent Developments in the Study of Interindustrial Relationships, American Economic Review (Proceedings), Mar. 1949, 211-225.
Georgescu-Roegen, “Relaxation Phenomena in Linear Dynamic Models,” in Activity Analysis of Production and Allocation, (Cowles Commission Monograph 13).

7. The Dynamic Theory of Inflation

Keynes, How to Pay for the War, 57-74.
Koopmans, “The Dynamics of Inflation,” Review of Economic Statistics, 1942, 53-65.
Smithies, “The Behavior of Money National Income under Inflationary Conditions”, Quarterly Journal of Economics, 1942-43, 113-128.
Duesenberry, “The Mechanics of Inflation,” Review of Economics of Statistics, Mar. 1950, 144-149.
Holzmann, “Income Determination in Open Inflation,” Review of Economics & Statistics, Mar. 1950, 150-158.

Source: Yale University Library, Manuscripts and Archives. James Tobin Papers, Box 18, Folder “Ec 103 [sic]” and “Ec 110, 1951-52].

Image Source: Yale University Manuscripts & Archives. Digital Images Database. “James Tobin in war uniform (1945-December)”.

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Economists Yale

Yale. Young Irving Fisher. 1899.

Post author By Irwin Collier
Post date 2015-12-26

While it is easy to find extensive biographical information for Irving Fisher, I am posting this item from the second volume of Universities and their Sons (1899), mostly for the picture of this young, newly minted, 32 year-old full professor of political economy at Yale. We see that middle-aged Irving Fisher’s more than passing resemblance to Col. Sanders of Kentucky Fried Chicken fame was preceded by boyish good looks of this, his academic youth. Again simply a reminder of the once youthfulness of the residents of our Pantheon of economics. Links are provided to the four works cited in this brief entry for Irving Fisher.

____________________________

FISHER, Irving, 1867—

Born in Saugerties, N. Y., 1867; prepared for College at the high schools of Peace Dale, R I., and New Haven, Conn., and at Smith Academy, St. Louis; A.B. Yale, 1888; Ph.D. Yale, 1891; studied in Berlin and Paris, 1893-94; Instructor in Mathematics Yale, 1890; Tutor, 1891; Assistant Professor, 1893; Assistant Professor of Political Economy, 1895; Professor, 1899—

IRVING FISHER, Ph.D., Professor of Political Economy at Yale, was born February 27, 1867, at Saugerties, New York, son of the Rev. George Whitefield and Ella (Wescott) Fisher. His early education was acquired in the high schools of Peace Dale, Rhode Island, and New Haven, Connecticut, and at the Smith Academy, St. Louis, Missouri. He graduated from Yale in 1888 as valedictorian, and took the degree of Doctor of Philosophy in 1891. From 1890 to 1895 Mr. Fisher instructed in Mathematics at Yale. He became Assistant Professor of Mathematics in 1893, and Assistant Professor of Political Economy in 1895. The year 1893-1894 he spent in study in Berlin and Paris. He was made full Professor of Political Economy in 1899. He is a member of the American Mathematical Society, of the American Economic Association, the British Economic Association, and the Connecticut Academy of Arts and Sciences. Professor Fisher is the author of several books, among others: Mathematical Investigations in the Theory of Value and Prices [Published in Transactions of the Connecticut Academy of Arts and Sciences, Vol. 9, New Haven (1892 to 1895), pp. 1-124], Appreciation and Interest [1896] and Brief Introduction to the Infinitesimal Calculus, [1st ed. 1897] the last named being designed for students of Mathematical Economics and Statistics. He also wrote with Professor Phillips Elements of Geometry [1896]. He was married June 24, 1893, to Margaret Hazard, and has two daughters: Margaret and Caroline Fisher.

Source: University and their Sons. History, Influence and Characteristics of American Universities with Biographical Sketches and Portraits of Alumni and Recipients of Honorary Degrees. Editor-in-chief, General Joshua L. Chamberlain, LL.D. Vol II (1899), p. 392.

Tags FisherIrving

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)

____________________

TABLE 2c ASSOCIATE PROFESSORS 1965-66, 1964-65

(1) Median Salaries All Associate Professors

TABLE 2c ASSOCIATE PROFESSORS 1965-66, 1964-65

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

TABLE 2c ASSOCIATE PROFESSORS 1965-66, 1964-65

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

About Francis M. Boddy

Research Hint: Boddy’s data go back to 1957/58

MEMBERS OF THE CHAIRMEN’S GROUP, 1965-66 December 13, 1965

CARTEL SUMMARY of the October-1965 Questionnaire to Departments of Economics in the United States

TABLE 1c PROFESSORS 1965-66, 1964-65

(1) Median Salaries All Professors

TABLE 1c PROFESSORS 1965-66, 1964-65

(2)

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

TABLE 1c PROFESSORS 1965-66, 1964-65

(3)

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

Catalogue Yale University 1899/1900, pp. 66-70

II. POLITICAL SCIENCE AND LAW [Undergraduate Courses, Yale College]

30 Economics. 3 hrs.

31 Statistics. 2 hrs.

32 Finance. [Seniors.] 3 hrs.

33 United States Industrial History. [Seniors.] 3 hrs.

34 Mathematical Economics. [Seniors.] 2 hrs.

35 Debates on Public Questions. [Seniors.] 2 hrs.

36 Theories of Distribution. [Seniors.] 2 hrs.

38 United States Financial History. [Seniors.] 1 hr.

40 The Science of Society. [Seniors.] 2 hrs.

41 The Science of Society. [Seniors.] 2 hrs., to count as 3 hrs.

45 Jurisprudence and Law. [Seniors.] 2 hrs.

Catalogue Yale University 1899/1900, pp. 210-14

II. ECONOMICS AND SOCIAL SCIENCE, HISTORY, LAW [Graduate School]

ECONOMICS AND SOCIAL SCIENCE

Professor Sumner :—

1 Anthropology. 2 hrs.

2 Systematic Societology; Section IV. a. 2 hrs.

3 Politics and Finance in the History of the United States. 2 hrs.

4 The Industrial Revolution of the Renaissance Period. 2 hrs.

5 The Beginnings of the Industrial Organization. 2 hrs.

*6 The Science of Society. 2 hrs.

*6a The Science of Society. 2 hrs.

Professor J. B. Clark :—

7 History of Theories of Distribution.

Professor Farnam:—

8 Pauperism. 2 hrs. 1st term.

9 The Modern Organization of Labor. 2 hrs. 2d term.

10 The Principles of Public Finance. 2 hrs.

President Hadley and Professor Schwab :—

*11 Economics. 2 hrs.

*12 United States Industrial History. 2 hrs.

Professor Schwab :-

*13 Finance. 2 hrs.

*14 United States Financial History. 1 hr.

15 The Finances of the Confederate States, 1867-65. 1 hr.

Professor Blackman :—

16 Social Science. 2 hrs.

17 The Literature of Sociology. 2 hrs. 1st term.

18 A Sociological Study of the Family. 1 hr. 2d term.

19 The Social Teaching and Influence of Christianity. 1 hr.

Dr. Bailey :-

20 The Economic System of Classical Antiquity. 1 hr.

*21 Statistics. 2 hrs.

Mr. Gaines :—

*22 Mathematical Economics. 2 hrs.

Dr. Keller :—

23 Homeric Social Life.

From the 1989 Survey of AEA Members

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

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

John-Michael Montias, economist and expert on Vermeer

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)

TABLE 2c
ASSOCIATE PROFESSORS 1965-66, 1964-65

(1)
Median Salaries
All Associate Professors

TABLE 2c
ASSOCIATE PROFESSORS 1965-66, 1964-65

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

TABLE 2c
ASSOCIATE PROFESSORS 1965-66, 1964-65

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

Research Hint:
Boddy’s data go back to 1957/58

MEMBERS OF THE CHAIRMEN’S GROUP, 1965-66
December 13, 1965

CARTEL
SUMMARY of the October-1965 Questionnaire to Departments of Economics in the United States

TABLE 1c
PROFESSORS 1965-66, 1964-65

(1)
Median Salaries
All Professors

TABLE 1c
PROFESSORS 1965-66, 1964-65

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

TABLE 1c
PROFESSORS 1965-66, 1964-65

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

Catalogue Yale University 1899/1900,
pp. 66-70

II. POLITICAL SCIENCE AND LAW
[Undergraduate Courses, Yale College]

II. ECONOMICS AND SOCIAL SCIENCE, HISTORY, LAW
[Graduate School]

6 The Science of Society*. 2 hrs.

6a The Science of Society*. 2 hrs.

11 Economics*. 2 hrs.

12 United States Industrial History*. 2 hrs.

13 Finance*. 2 hrs.

14 United States Financial History*. 1 hr.

21 Statistics*. 2 hrs.

22 Mathematical Economics*. 2 hrs.

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

COURSES IN ECONOMIC AND POLITICAL SCIENCE,
AMERICAN COLLEGES AND UNIVERSITIES.
[1890-91]

POLITICAL SCIENCE:
MINOR COURSE.

HISTORY.
PROF. EARL BARNES.

ECONOMICS AND SOCIAL SCIENCE.
PROF. J. W. JENKS.

POLITICAL ECONOMY
First Semester.

INTERNATIONAL LAW.
First Semester.

HISTORY.
First Semester.

PHILOSOPHY.
Second Semester.