From the final exams for the two semester introductory economics course run by Frank Taussig and A. Piatt Andrew in 1904-05 we see (among other things) that John Stuart Mill provided the backbone of theory and that there was room for a compare and contrast question regarding a liberal market economy vs a socialist economy. […]
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Every so often I make an effort to track down students whose names have been recorded in course lists. I do this in part to hone my genealogical skills but primarily to obtain a broader sense of the population obtaining advanced training in economics beyond the exclusive society of those who ultimately clear all the […]
Advisory: the following post contains merely trace elements of history of economics content. That said, the curator of Economics in the Rear-view Mirror has returned from a month of visiting friends and family and is eager to bring you more of the kind of original content you have come to expect. This post is one […]
Abram Piatt Andrew (b. 1873, Princeton A.B. 1893; Harvard Ph.D. 1900) and Oliver Mitchell Wentworth Sprague (b. 1873, Harvard A.B. 1894; A.M. 1895; Ph.D. 1897) were rising stars in the department of economics at Harvard in the 1903-04 academic year. Together they covered the bases of money, banking, and international payments. ___________________________ Related, previous posts […]
After the longest break from posting since I began this blog almost eight years ago, I now return to regular posting for most of the rest of this month (May 2023). We resume our slow march through the economics exams at Harvard in the first decade of the 20th century with the semester examinations for […]
Before there were courses on business cycles, courses at Harvard dealt with “commercial crises”. Abram Piatt Andrew, Jr. was the young man for the job in 1902-03. His Harvard Ph.D. dissertation’s title was “The ways and means of making payments” (1900) and together with Oliver Mitchell Wentworth Sprague he was an essential member of the […]
Abram Piatt Andrew, Jr. and Oliver Mitchell Wentworth Sprague were the instructor team that picked up and ran with the baton for the field of money and banking at Harvard after Charles Dunbar had died in 1900. Their division of labor was for Andrew to cover money and for Sprague to teach banking. Both semester […]
Money and banking were the subjects in a two semester sequence of distinct courses at Harvard in 1902-03. Material for the money course taught by Abram Piatt Andrew, Jr. can be found in the previous post. Here we have a description, enrollment figures, and the final exam questions for economics instructor O.M.W. Sprague’s banking course in […]
Abram Piatt Andrew, Jr. sprang from an assistant professorship of economics at Harvard (following his Ph.D. in 1900) to playing a key staff role in the preparation of the reports of the National Monetary Commission. Ultimately he became a Republican Congressman from Massachusetts, serving from September 1921 until his death in June 1936. ______________________ Official […]
Edwin Francis Gay (1867-1946) came to Harvard in 1902 as an instructor of economic history taking over William Ashley’s courses after having spent a dozen years of training and advanced historical study in Europe (Berlin, Ph.D. in 1902 under Gustav Schmoller, also he was in Leipzig, Zurich and Florence). He and Abram Piatt Andrew received […]