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Exam Questions Harvard Suggested Reading Syllabus

Harvard. Applied Economic Analysis, Readings and Exams. Smithies and Baldwin, 1956-57

For a course that promises applied economic analysis, the content  for the 1956-57 course taught by Arthur Smithies and  Robert Baldwin appears to have been about 2/3 analysis and 1/3 “application”.

The course materials from the previous year (taught by James Duesenberry) have been posted earlier at: 

Applied Economic Analysis, 1955-56.

________________________

Course Enrollment

[Economics] 106. Applied Economic Analysis. Professor Smithies and Assistant Professor Baldwin. Full course.

(F) Total 45: 2 Other Graduates, 36 Seniors, 6 Juniors, 1 Other.
(S) Total 43: 1 Other Graduate, 36 Seniors, 6 Juniors.

Source: Harvard University. Report of the President of Harvard College 1956-57, p. 68.

________________________

HARVARD UNIVERSITY
Department of Economics

Economics 106
Reading List, Fall 1956

  1. Economic Analysis and Public Policy

F. H. Knight, “Economic Objectives in a Changing World,” Economics and Public Policy, The Brookings Institution, 1955.

A. Smithies, “Economic Welfare and Policy,” Ibid.

  1. The Ricardian System

David Ricardo, Principles of Political Economy, Chs. 2-6, 21.

W. J. Baumol, Economic Dynamics, Ch. 2.

Suggested:

Ricardo, Chs. 1, 31

G. J. Stigler, “The Ricardian Theory of Value and Distribution,” The Journal of Political Economy, LX, 3 (June 1952).

J. S. Mill, Principles of Political Economy, Bk. 3, Ch. 6 and 14;

Mimeographed paper on Smith and Ricardo*

  1. Marxian Dynamics

Karl Marx, A Contribution to the Critique of Political Economy, Preface.

M. M. Bober, Karl Marx’s Interpretation of History, Chs. 1-3, 9-13.

Suggested:

Joan Robinson, An Essay on Marxian Economics.

P. Sweezy, The Theory of Capitalist Development, Chs. 4-6, 8, 9,

J. A. Schumpeter, Capitalism, Socialism, and Democracy, Part I.

Mimeographed paper on Marx*

  1. The Neo-classical System

L. Walras, Elements of Pure Economics, Part I.

G. Cassel, The Theory of Social Economy, Ch. 4

W. S. Jevons, The Theory of Political Economy, Introduction.

Suggested:

E. Phelps Brown, Framework of the Pricing System

  1. The Schumpeterian System

J. A. Schumpeter, Business Cycles, Vol. I, Chs. 3, 4.

J. A. Schumpeter, Capitalism, Socialism, and Democracy, Part II

Suggested:

J. A. Schumpeter, The Theory of Economic Development.

Mimeographed paper on Schumpeter*.

  1. Keynesian Economics

J. M. Keynes, The General Theory of Employment, Interest, and Money, Ch. 19.

D. Dillard, The Economics of J. M. Keynes, Chs. 2, 3.

A. Hansen, Business Cycles and National Income, Part II

Suggested:

A. Hansen, A Guide to Keynes

J. M. Keynes, The General Theory of Employment, Interest, and Money.

  1. Post-Keynesian Growth Theorists

E. Domar, “Expansion and Employment,” American Economic Review, March 1947.

W. Baumol, op. cit., Ch. 4

Suggested:

R. Harrod, Towards a Dynamic Economics, Ch. 3.

D. Hamberg, Economic Growth and Instability, Ch. 2, 3

*Available in Lamont and Littauer Libraries.

Source: Harvard University Archives. Syllabi, course outlines and reading lists in Economics, 1895-2003. Box 6, Folder: “Economics, 1956-1957 (2 of 2).

________________________

1956-57
HARVARD UNIVERSITY

Economics 106
Fall 1956
Final Examination

Part I
(30 Minutes)
Answer the following question.

  1. Discuss the concept of steady growth in the Post-Keynesian models. Do you consider that steady growth is attainable or desirable?

Part II
(One Hour)
Answer the following question.

  1. Ricardo, Marx, Schumpeter and Keynes all predicted that the capitalist system would either break down or arrive at a stationary state. Compare and contrast these theories. What light does your answer to Question 1 throw on their validity?

Part III
(One Hour and A Half)
Answer TWO questions.

  1. Is there an economic basis for the notion of an optimum distribution of income in (a) a stationary and (b) a developing economy. What economic factors would you consider in defining such a concept?
  2. Keynes produced a theory of involuntary unemployment. How does involuntary unemployment occur in his system and to what extent does his theory constitute a revolution in economic thinking?
  3. Discuss the concepts of profits in the various theories you have studied. In the light of these theories do you consider profits to be pure surpluses or rewards to factors of production?

Source: Harvard University Archives. Final examinations, 1853-2001. Box 25, Volume: Papers Printed for Final Examinations [in] History, History of Religions, …, Economics, …, Naval Science, Air Science, January 1957.

________________________

Harvard University
Department of Economics

Economics 106
[Spring term, 1956-57]

Part I Aggregative Theories (continued from 1st term)

  1. Post-Keynesian Growth Theorists

Domar, E., “Expansion and Employment,” American Economic Review, March 1947.

W. Baumol, Economic Dynamics, Ch. 4

Suggested:

R. Harrod, Towards a Dynamic Economics, Ch. 3.

D. Hamberg, Economic Growth and Instability, Ch. 2, 3

Smithies, A., “Economic Fluctuations and Growth,” Econometrica, January 1957.

Part II Public Policy and Economic Goals

  1. Full Employment and Price Level Stability

    1. General

Maxwell, Fiscal Policy

    1. Policy Approaches

Simons, Economic Policy for a Free Society, Ch. 7.

Committee for Economic Development, “Taxes and the Budget: A Program for Prosperity in a Free Economy,” Readings in Fiscal Policy, Number 23, American Economic Association.

United Nations, National and International Measures for Full Employment, 73-87.

Beveridge, Full Employment in a Free Society, Part IV.

Lerner, Economics of Control, Ch. 24.

Clark, “Criteria of Sound Wage Adjustment, with Emphasis on the Question of Inflationary Effects,” Impact of the Union, Ch. 1, Wright (ed.)

[Note: page 2 of the syllabus is missing, cf. Baldwin’s Spring Term 1956, Economics 206. Missing part B almost certainly included “Equitable Income Distribution” and “Efficient Resource Allocation”]

  1. Continued Growth

Fellner, Trends and Cycles in Economic Activity, Chapters 8 and 9.

Davis, “Economic Potentials of the United States,” Lekachman (ed.), National Policy for Economic Welfare at Home and Abroad.

Wright, Democracy and Progress, Chapters 5-7 and 12.

Hansen, “Growth or Stagnation in the American Economy,” Review of Economics and Statistics, November 1954.

Slichter, “How Big in 1980?” Atlantic Monthly, November 1949.

Hennipman, “Monopoly: Impediment or Stimulus to Economic Progress,” Monopoly and Competition and Their Regulation, Chamberlin (ed.).

Lange, On the Economic Theory of Socialism, 98-120.

  1. International Equilibrium

Snider, Introduction to International Economics, Ch. 11.

Thorp, Trade, Aid, or What?, Chapters 1 and 2.

Humphrey, American Imports, Chapter 24.

  1. General

Tinbergen, J., Economic Policy: Principles and Design.

Source: Harvard University Archives. Syllabi, course outlines and reading lists in Economics, 1895-2003. Box 6, Folder: “Economics, 1956-1957 (2 of 2).

________________________

1956-57
HARVARD UNIVERSITY
Department of Economics

Economics 106
Applied Economic Analysis
Final Examination

ANSWER FIVE (5) OF THE FOLLOWING SIX QUESTIONS.

  1. Contrast the Domar-Harrod and neo-classical analyses of the problem of maintaining full-employment growth.
  2. What policy tools are available to control the level of aggregate demand in the American economy? Outline the policy program you would recommend in a depression.
  3. “There has recently been a tendency, I believe, to exaggerate the effectiveness of monetary policy and to gloss over its weaknesses.” Discuss.
  4. Discuss the policy proposals of the “dynamic competition” group (Schumpeterians) and the “guided capitalism” group (Keynesians) with regard to the problem of maintaining satisfactory growth.
  5. What were the major causes of the post-war balance of payments difficulties for Europe? What measures were taken in an effort to cure the problem?
  6. Discuss the advantages and disadvantages of the “structure” versus the “performance” criteria of anti-trust policy.

Source: Harvard University Archives. Final examinations, 1853-2001. Volume 113 (HUC 7000.28) Final Exams—Social Sciences—June 1957: Papers Printed for Final Examinations [in] History, History of Religions, …, Economics, …, Naval Science, Air Science, June 1957.

Image Sources:  (Left) John Simon Guggenheim Memorial Foundation website. Arthur Smithies (1955 Fellow); (Right) Robert Baldwin from Selection from photograph (ca. 1975) of Robert E. Baldwin from the University of Wisconsin Archives/The University of Wisconsin Collection/The UW-Madison Collection/UW-Madison Archives Images.

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Exam Questions Harvard Policy Suggested Reading Syllabus

Harvard. Economic Analysis and Public Policy, Readings and Exams. Baldwin, 1955-56

 

While Harvard archive’s collection of old course syllabi and reading lists offers a treasure chest of material, there still are plenty of “missing observations” and lost pages between us and a complete record. Fortunately there is often significant inertia in the actual syllabi so that interpolation is less hazardous than one might expect in filling the gaps. The next several posts will be dedicated to the graduate course taught for graduate students of economics and of public administration “Economic Analysis and Public Policy”. Robert Baldwin’s spring term syllabus for 1955-56 gives us a valuable clue as to the likely content of a missing page in the syllabus for the course as taught in 1956-57.

*  *  *  *  *  *  *  *  *  *

Arthur Smithies’ syllabus for this course as taught in 1949-50 has been transcribed and posted.

Biographical information along with the reading list for Robert Baldwin’s course “Theories and Problems of Economic Development” taught in 1955 have been posted earlier.

_______________________

Course Enrollment

[Economics] 206 Economic Analysis and Public Policy. Assistant Professor Baldwin. Full course.

(F) Total 36: 10 Graduates, 22 Other Graduates, 2 Seniors, 1 Radcliffe, 1 Other.

(S) Total 34: 10 Graduates, 21 Other Graduates, 2 Seniors, 1 Other.

Source: Harvard University. Report of the President of Harvard College, 1955-56, p. 78.

_______________________

HARVARD UNIVERSITY
Department of Economics

Economics 206
[Baldwin, Fall Term, 1955-56]

Baumol, W. J., Economic Dynamics, Chapters 2, 3, and 4.

Bober, M. M., Karl Marx’s Interpretation of History.

Cassel, Gustav, The Theory of Social Economy, Chapter 4.

Domar, E., “Expansion and Employment,” American Economic Review, March 1947.

Dillard, Dudley, The Economics of J. M. Keynes.

Gray, Alexander, The Development of Economic Doctrine, Chapters 5, 6, 11.

Hansen, A. H., Business Cycles and National Income, Parts II and III.

Hansen, A. H., A Guide to Keynes.

Harris, S. E. The New Economics, Chapters 12, 13, 14, 16, 39.

Harris, S. E., Schumpeter, Social Scientist.

Harrod, Roy, The Life of J. M. Keynes.

Heilbroner, R. L., The Worldly Philosophers.

Jevons, W. Stanley, The Theory of Political Economy, Introduction.

Keynes, J. M., The General Theory of Employment, Interest and Money.

Klein, L. R., The Keynesian Revolution, Chapters 3 and 4.

Malthus, T. R., Essay on Population.

Marshall, A., Principles of Economics, Book V.

Marx, Karl, Communist Manifesto.

Mill, J. S., Principles of Political Economy, Book 4, Chapters 1-4.

Ricardo, David, Principles of Political Economy, Chapters 1-6, 21.

Ricardo, David, Notes on Malthus, Chapter 7.

Robinson, Joan, Essay on Marxian Economics.

Schumpeter, J. A., The Theory of Economic Development.

Schumpeter, J.A., Capitalism, Socialism, and Democracy.

Schumpeter, J. A., Ten Great Economists, Chapters 1, 4, 10.

Schumpeter, J. A., History of Economic Analysis.

Smith, Adam, The Wealth of Nations, Bk. I, Chs. 1-9; bk. II, Ch. 3; Bk. IV, Ch. 2.

Smithies, Arthur, “Reflections on the Work and Influence of J.M. Keynes,” Quarterly Journal of Economics, November 1951.

Smithies, Arthur, “Joseph Alois Schumpeter,” American Economic Review, Sept. 1950.

Stephen, Leslie, The English Utilitarians, Volume 2, Chapter 5.

Sweezy, Paul, The Theory of Capitalist Development, Chapters 4, 5, 6, 8, 9.

Walras, L.,  Elements of Pure Economics, Part I.

Source: Harvard University Archives. Syllabi, course outlines and reading lists in Economics, 1895-2003. Box 6, Folder: “Economics, 1955-1956 (2 of 2).

Reading Period Assignment:

No additional assignment

Source: Harvard University Archives. Syllabi, course outlines and reading lists in Economics, 1895-2003. Box 6, Folder: “Economics, 1955-1956 (1 of 2).

_______________________

1955-56
HARVARD UNIVERSITY

Economics 206
Mid-year Examination
January, 1956

(Three Hours)

Answer four (4) of the following six questions.

  1. Some economists have advocated a flexible money wage rate policy to ensure full employment. Discuss and contrast the effects of a cut in money wage rates on aggregate employment in the Keynesian and in the Classical (or neo-Classical) systems.
  2. Both Marx and Schumpeter believe that capitalism is doomed, but their reasons for this conclusion are quite different. Explain and criticize the analysis of each in regard to this point.
  3. According to Keynes, the habit of thrift may be a vice instead of a virtue. In Classical and neo-Classical thought, however, thrift is invariably regarded as a virtue. Explain the reasons for this difference in viewpoint.
  4. Discuss and appraise the analyses of Smith, Ricardo, and Marx concerning their view that the long-run rate of profit will decline.
  5. What is wrong with the labor theory of value as an explanation of how relative prices are determined? How did the neo-Classical theorists solve the problem of how relative prices are determined?
  6. In the Ricardian and Marxian theories of growth, labor fails to share in the fruits of long-run progress (in the sense of receiving a higher per capita income). However, according to Schumpeter and the neo-Classsical writers, this is not a necessary (and, indeed, is an unlikely) result. Why do these writers disagree on this matter?

Source: Harvard University Archives. Final examinations, 1853-2001. Box 23, Volume: Papers Printed for Final Examinations [in] History, History of Religions, …, Economics, …, Naval Science, Air Science, January 1956.

_______________________

HARVARD UNIVERSITY
Department of Economics

Economics 206
[Baldwin, Spring Term, 1955-56]

Part I (cont.) The Post-Keynesian Growth Theorists

Readings:

Domar, “Expansion and Employment,” A.E.R., March 1947.

Baumol, Economic Dynamics, Ch. 4

Part II. The Changing Structure of the U.S. Economy

  1. “Real” Factors
  2. Institutional Conditions

Readings:

Dewhurst and Associates, America’s Needs and Resources, A New Survey, Chs. 4, 18, 28.

Galbraith, American Capitalism, Chs. 1, 4-10.

Kaysen, “Looking Around—Books About Competition,” Harvard Business Review, May-June, 1954.

Lilienthal, Big Business: A New Era

Slichter, The American Economy, Ch. 2.

Part III. Public Policy and Economic Goals

  1. Full Employment
  2. Price Stability
  3. Equitable Income Distribution
  4. Efficient Resource Allocation
  5. Economic Growth
  6. International Equilibrium

Readings:

A.E.A. Committee, “The Problem of Economic Instability,” American Economic Review, Sept., 1950.

Economic Report of the President, January 1956.

Elliot, The Political Economy of American Foreign Policy, Part II.

Galbraith, “Farm Policy: The Current Position,” Journal of Farm Economics, May, 1955.

Hansen, Business Cycles and National Income, Part III.

Hearings before the Joint Committee, January 1955 Economic Report of the President, Statements by Professors Hansen (p. 491) and Harris (p. 291).

Knight, “Economic Objectives in a Changing World,” in Economics and Public Policy, Brookings Institution

McDonald, “The Sherman Act and ‘Workable Competition’,” No. 28 in Readings in Economics, Samuelson, Bishop, and Coleman.

Mason, “Prices, Costs, and Profits,” in Money, Trade, and Economic Growth: Essays in Honor of J.H. Williams.

Maxwell, Fiscal Policy

Report of the Joint Committee on the Economic Report, Foreign Economic Policy, January, 1956.

Smithies, “Economic Welfare and Economic Policy,” in Economics and Public Policy.

Smithies, “Full Employment at Whatever Cost: A Comment,” Q.J.E., November, 1950.

Subcommittee on Monetary, Credit, and Fiscal Policies of the Joint Committee on the Economic Report, Money, Credit, and Fiscal Policies, No. 2 in Gramp and Weiler, Readings in Political Economy.

United Nations, National and International Measures for Full Employment.

Viner, “Full Employment at Whatever Cost,” Q.J.E., August, 1950.

Wright, The Impact of the Union, Ch. 8, 10.

Source: Harvard University Archives. Syllabi, course outlines and reading lists in Economics, 1895-2003. Box 6, Folder: “Economics, 1955-1956 (2 of 2).

_______________________

HARVARD UNIVERSITY
Department of Economics

Economics 206
Final Examination
June, 1956

Answer four (4) of the following seven questions:

  1. What are the major problems facing American agriculture? Analyze the economic forces behind these problems, and suggest the kind of policies you would favor in order to mitigate the difficulties.
  2. “The strained relations between the Federal Reserve and Treasury since the end of World War II clearly indicate the undesirability of the existence of a semi-autonomous monetary authority in this country.” Discuss.
  3. Domar’s condition for the maintenance of continuous full employment is not unlike the Queen’s observation in Through the Looking Glass; “A slow sort of country. Now here, you see, it takes all the running you can do to keep in the same place. If you want to get somewhere else, you must run at least twice as fast as that.”
    Explain and evaluate the requirements for full employment in Domar’s model.
  4. “The traditional view of anti-trust policy is based on a static conception of economic activity. What is needed is a revision of anti-trust policy which recognizes the dynamic nature of the American economy.” Discuss.
  5. Carefully explain and evaluate the advantages and disadvantages of monetary policy versus fiscal policy as counter-cyclical weapons.
  6. Discuss the causes and attempted cures of the post-war dollar shortage.
  7. “The economist must attempt to formulate a compromise among various, and possibly conflicting, economic objectives. He must attempt to discuss the economic objectives of society, to remove contradictions among them, and to harmonize economic objectives with those that lie outside the economic field.” Do you agree? What are some of the possible conflicts among various economic objectives? Are there any policy changes which you would recommend “to remove contradictions” among various economic objectives?

Source: Harvard University Archives. Final examinations, 1853-2001. Box 24, Volume: Papers Printed for Final Examinations [in] History, History of Religions, …, Economics, …, Naval Science, Air Science, June 1956.

Image Source: Selection from photograph (ca. 1975) of Robert E. Baldwin from the University of Wisconsin Archives/The University of Wisconsin Collection/The UW-Madison Collection/UW-Madison Archives Images.

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Exam Questions Harvard Undergraduate

Harvard. Final Exam for Theories and Problems of Economic Development. Baldwin, 1956.

 

In an earlier post I provided the syllabus for the undergraduate Harvard course “Theories and Problems of Economic Development” taught by Robert Baldwin in the second term of 1955-56. Career and other biographical information for this 1950 economics Ph.D. alumnus from Harvard are presented there.

This post adds the final examination for that course copied during a later visit to the Harvard Archives.

____________________

HARVARD UNIVERSITY
Department of Economics

Economics 108

Answer two (2) questions from Part I and two (2) questions from Part II.

PART I.

  1. Post-Keynesian growth theorists conclude that in order to maintain a continuous state of full employment in the economy, investment must grow at a constant annual percentage rate.
    1. How do they reach this conclusion?
    2. Explain why this condition is not required in the neo-classical model of economic growth.
  2. “In the Ricardian system the rate of profit declines due to the absence of sufficiently rapid technological progress; in the Marxian model the rate of profit declines because of rapid technological progress.” Discuss.
  3. Explain and criticize Schumpeter’s analysis of the process of economic development. (Do not discuss in any detail his general sociological analysis of capitalist development).

PART II.

  1. What factors should be considered in determining investment criteria for poor countries?
  2. Discuss and appraise the arguments for tariff and exchange control policies in the poor countries.
  3. Explain the following concepts:
    1. the vicious circle of poverty
    2. disguised unemployment
    3. balanced growth
    4. underdevelopment and backwardness

Source: Harvard University Archives. Final examinations, 1853-2001. Box 24, Volume: Papers Printed for Final Examinations [in] History, History of Religions, …, Economics, …, Naval Science, Air Science, June 1956.

Image Source: Selection from photograph (ca. 1975) of Robert E. Baldwin from the University of Wisconsin Archives/The University of Wisconsin Collection/The UW-Madison Collection/UW-Madison Archives Images.

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Economists Harvard Suggested Reading Swarthmore UCLA Wisconsin

Harvard. Syllabus for Economic Development taught by Robert Baldwin (Econ PhD 1950), 1956

 

The sequence I followed for preparing this post was that I first decided to transcribe the outline and readings for a course dealing with economic development (Economics 108) taught at Harvard in the spring term, 1956. To figure out who the instructor was, I then turned to the annual report of the president of Harvard College that provides enrollment figures as well as names of course instructors. Once I found the last name of the instructor “Baldwin”, I looked to see if perhaps there was a recent Harvard economics Ph.D. with that name since the course had been taught by an assistant professor. Bingo, Robert Edward Baldwin, a rising star in international economics at the time appeared indeed to be our man. I confirmed that he was on the faculty of Harvard at the time from his ca. 1997 c.v. at the NBER. Finally my search of the internet pulled up the Robert E. Baldwin’s obituary that I have copied and pasted as the last item below.

The post would not be complete without links to his offspring who have gone off on their own economics careers (Jean Grossman in Princeton and Richard Baldwin in Geneva). 

______________

Course Enrollment

[Economics] 108. Theories and Problems of Economic Development. Assistant Professor Baldwin. Half course. [Spring]

Total 42: 13 Graduates, 13 Seniors, 6 Juniors, 2 Sophomores, 4 Radcliffe, 1 Special

Source:  Harvard University. Report of the President of Harvard College 1955-1956, p. 76.

______________

Course Outline and Readings

HARVARD UNIVERSITY
Department of Economics
Spring Term, 1955-1956

Economics 108

  1. Theories of Economic Development
    1. Smith and Ricardo

Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations, Book I, chs. 1-9; Book II, ch. 3.
David Ricardo, Principles of Political Economy and Taxation, chs. 2-6, 21.

    1. Marx

Karl Marx, A Contribution to the Critique of Political Economy, Preface.
M. M. Bober, Karl Marx’s Interpretation of History, chs. 1-3
OR
H. B. MAYO, Democracy and Marxism, chs. 2,3.
M. M. Bober, op. cit., chs. 9-13
OR
Joan Robinson, An Essay on Marxian Economics.

    1. The Neo-Classical System

Alfred Marshall, Principles of Economics, chs. 11-13.
Knut Wicksell, Lectures on Political Economy, Vol. 1, Part III.
Gustav Cassel, The Theory of Social Economy, ch. 1, Sections 4-6.

    1. Schumpeter

J. A. Schumpeter, Business Cycles, Vol. 1, chs. 3, 4.
J. A. Schumpeter, Capitalism, Socialism, and Democracy, Part II, chs. 11-14.

    1. The Stagnationists and the Post-Keynesian Growth Theorists

Alvin Hansen, “Economic Progress and Declining Population Growth,” American Economic Review, March 1939.
J. A. Schumpeter, Capitalism, Socialism, and Democracy, ch. 10.
Evsey Domar, “Expansion and Employment,” American Economic Review, March 1947.
W. J. Baumol, Economic Dynamics, ch. 4.

    1. A Survey of other Socio-Economic Theories

J. J. Spengler, “Theories of Socio-Economic Growth,” Problems in the Study of Economic Growth, National Bureau of Economic Research.

    1. A Comparison of Development Theories
  1. Accelerating Development in Poor Countries
    1. Basic Characteristics of Poor Countries
    2. Obstacles to Development
    3. General Requirements of Development
    4. Domestic and International Policy Issues

Required Reading

Buchanan and Ellis, Approaches to Economic Development, Part I and Part III.
W. Arthur Lewis, The Theory of Economic Growth, chs. 3-7

Suggested Reading

Baran, P., “On the Political Economy of Backwardness,” The Manchester School, January 1952.
Duesenberry, J., “Some Aspects of the Theory of Economic Development,” Explorations in Entrepreneurial History, December 1950.
M. Fleming, “External Economics and Doctrine of Balanced Growth,” Economic Journal, June 1955.
Frankel, S. H., The Economic Impact on Underdeveloped Societies, ch. 2.
Hoselitz, B. F., “Social Structure and Economic Growth,” Economia Internazionale, Vol. 6, No. 1, 1953.
Lewis, W. A., “Economic Development with Unlimited Supplies of Labour,” The Manchester School, May 1954.
E. S. Mason, Promoting Economic Development, chs. 2, 3.
Meier, G. M., “The Problem of Limited Economic Development,” Economia Internazionale, Vol. 6, No. 1, 1953.
Mikesell, R.F., “Economic Doctrines Reflected in U.N. Reports,” American Economic Review, Proceedings, May 1954.
Myint, H., “An Interpretation of Economic Backwardness,” Oxford Economic Papers, June 1954.
Nurkse, R., Problems of Capital Formation in Underdeveloped Countries
Singer, H., “The Distribution of Gains Between Investing and Borrowing Countries,” American Economic Review, Proceedings, May 1950.
Spengler, J. J., “Population Obstacles to Economic Betterment,” American Economic Review, Proceedings, May 1951.
Sweezy, P., “Duesenberry on Economic Development.” Explorations in Entrepreneurial History, Volume 3, February 1951.
United Nations Department of Economic Affairs, Measures for the Economic Development of Under-Developed Countries
Viner, J., International Trade and Economic Development, Ch. 3

  1. Maintaining Development in Rich Countries—the U.S. as an Illustration
    1. Continued Economic Growth as a Goal of U.S. Economic Policy
    2. The Changing Structure of the American Economy
    3. The Institutionalization of Economic Growth
    4. Possible Barriers to Continued Growth

Economic Report of the President, January 1956.
Galbraith, J. K., American Capitalism, ch. 1, 4-10
Hansen, A., “Growth or Stagnation in the American Economy,” Review of Economics and Statistics, November 1954.
Kaysen, C., “Looking Around—Book About Competition,” Harvard Business Review, May-June 1954.
Kuznets, S., Economic Change, chs. 9, 10.
Schumpeter, J. A., Capitalism, Socialism, and Democracy, Part II, chs. 28.
Slichter, S., The American Economy
Wright, D. M., Democracy and Progress, chs. 5-7, 12.

Source: Harvard University Archives. Syllabi, course outlines and reading lists in Economics, 1895-2003, Box 6, Folder “Economics, 1955-1956 (1 of 2)”.

______________

Mid-year and Course Final examinations

Posted here.

______________

Harvard Economics Ph.D. 1950

Robert Edward Baldwin, A.B. (Univ. of Buffalo) 1945, A.M. (Harvard Univ.) 1949.

Subject, Economics. Special Field, International Trade.
Thesis, “The Economics of Internal Migration in the United States, 1870-1940.”

 

Source:Harvard University. Report of the President of Harvard College, 1949-50, p. 195.

______________

Robert E. Baldwin
Education and Positions

1945: A.B., University of Buffalo
1945-46: Instructor, University of Buffalo
1950: Ph.D., Harvard University
1950-52: Instructor, Harvard University
1952-57: Assistant Professor, Harvard University
1957-62: Associate Professor, University of California, Los Angeles
1962-64: Professor, University of California, Los Angeles
1964-present: Professor, University of Wisconsin-Madison
1975-78: Chairman, Department of Economics, University of Wisconsin
1974-: F.W. Taussig Research Professor, University of Wisconsin
1960-61: Ford Foundation Foreign Area Training Fellowship, Federation of Rhodesia and Nyasaland
1963-64: Chief Economist, Office of Special Trade Representative, Executive Office of the President, Washington, D.C.
1967-68: Research Professor, The Brookings Institution, Washington, D.C.
1969-70: Ford Faculty Research Fellowship
1974-75: U.S. Department of Labor, Bureau of International Labor, Washington, D.C., Research Contract
1975 (Summer): United Nations Conference on Trade and Development (UNCTAD), Geneva, Switzerland, Consultant
1978-79: Consultant, World Bank, Washington, D.C.
1982-: Hilldale Professorship, University of Wisconsin-Madison
1982-: Research Associate, National Bureau of Economic Research
1986-1989: Chair, Social Systems Research Institute, University of Wisconsin-Madison
1988 (Summer): Shelby Cullom and Katheryn Davis Visiting Professor, The Graduate Institute of International Studies, Geneva
1994-: Research Associate, Centre for Economic Policy Research
1995-: Fellow, American Academy of Arts and Science

Source:  Robert Baldwin’s NBER c.v. that also included a list of publications to date (ca. 1997).

______________

Robert Edward Baldwin (1924-2011)
Obituary

Robert Edward Baldwin, born in Buffalo New York on July 17, 1924, died in Madison on April 7, 2011. He was Hilldale Professor of Economics, Emeritus, at the University of Wisconsin-Madison. A lifelong academic, Baldwin was one of the world’s most influential thinkers on international trade, an adviser to governments and international organizations, and an inspiring teacher much beloved by generations of students who carry forward his light as renowned scholars in their own right.

Graduating from the University of Buffalo, he enrolled in the Harvard and received his doctorate in 1950. In Cambridge, he married his lifelong soul mate, Janice Murphy, mother of his four children, two of whom were born while he was an Assistant Professor at Harvard. During this time, he published his best-known theoretical contribution – the “Baldwin Envelope” [“Equilibrium in International Trade: A Diagrammatic Analysis,” Quarterly Journal of Economics 62(5), (November, 1948), pp. 748-762.] – which has been taught widely for six decades and remains part of trade economists’ training even today. After Harvard, he moved to UCLA as an Associate Professor where his third and fourth children were born.

In 1960, he took the whole family for a year to Salisbury Rhodesia (now Harare Zimbabwe) while he worked on his theory of trade and development (published as the book “Economic Development and Export Growth: A Study of Northern Rhodesia, 1920-1960”). Soon after returning to UCLA, President Kennedy appointed him as Chief Economist of the newly formed Office of the Special Trade Representative. The family moved to Washington while he worked in the White House helping the US prepare for the GATT trade negotiations known as the Kennedy Round.

After his White House stint, he was appointed professor at the University of Wisconsin-Madison, a position that he held till his death (Emeritus since 1997). He was appointed Fellow of the American Academy of Arts and Sciences in 1995, the same year he was elected President of the Midwest Economics Association.

Baldwin was author or editor of 22 books (last one in December 2008) and over a hundred academic articles (the last one in December 2010). [list through ca 1997] His early contributions were mostly to mathematical trade theory, but he also made important contributions to the profession’s empirical understanding of global trade patterns. After his time in the Kennedy White House, he wrote several books and many articles on trade policy and trade politics. Throughout his professional life, his interest in trade was interwoven with an interest in and research on developing nations, with a special emphasis on the development-inhibiting effects of tropical diseases.

In addition to his academic positions, Baldwin engaged actively in the policy world. He was on the External Advisory Panel to the General-Secretary of the WTO (2001-03), and in that capacity attended the Ministerial Meeting in Doha Qatar that launched the WTO’s ongoing trade negotiations. He often testified before US Senate and House Committees on trade matters, and spent time at the US Department of Labour, the United Nations Conference on Trade and Development (Geneva), and the World Bank (Washington). In an effort to improve US trade statistics, he chaired the National Academy of Science’s Panel on Foreign Trade Statistics (1991-92). In his role as policy advisor, he was a member of the Council of Foreign Relations (1968-2011), the US Chamber of Commerce’s Committee for Economic Development and the Atlantic Council (1960s and 1970s), and more recently, the International Advisory Board for Ukraine’s Economics Education and Research Consortium (1999-2009).

He is survived by his wife Janice, his daughters Jean and Nancy, and his son Richard as well as grandchildren Shari, Dina, Leila, Elise, Robert, Ellen, Julia, and Nicky. He was predeceased by his oldest son, Robert, in 2007.

Baldwin was also an “academic father” to scores of students, inspiring them with his quiet but deeply held passion for combining academic rigor with real-world applicability. Many of his students have become professors in Universities across the world. His vocation is also carried on by his son Richard, and son-in-law Gene Grossman, both of whom are professors of economics specialising in international trade.

 

Source: Obituary for Robert E. Baldwin posted by the Cress Funeral Home, Madison, Wisconsin.

Image Source: Selection from photograph (ca. 1975) of Robert E. Baldwin from the University of Wisconsin Archives/The University of Wisconsin Collection/The UW-Madison Collection/UW-Madison Archives Images.