Categories
Exam Questions Harvard Suggested Reading

Harvard. Exams and Reading Lists for Latin American Economies. Bradley, 1944/1948/1949

 

 

 

An earlier post provided the reading list for a course taught at Harvard by Philip Durgan Bradley, Jr., Economics 38b “Economic Problems of Latin America” in the Spring Term of 1944. In the meantime, I have found a copy of the exam that I have transcribed for this post.

A few years and a course number change later, Bradley taught a course with the title “The Economy of Latin America” (Econ 14b). The reading list provided for the course in the spring semesters of 1948 and 1949 were identical except for a single item and is provided below as are the final examination questions from 1948 and 1949.

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Final Exam, June 1944

1943-44
HARVARD UNIVERSITY
ECONOMICS 38b

One hour

  1. “Variations in the international balance of payments are the principal factors determining the level of economic activity is the Latin American area.” What were the principal variations in the Latin American balance of payments during the period 1923-43? In what specific respects and by what means did these variations in the balance of payments affect the internal level of economic activity in the Latin American countries during this period? (Treat the area as a whole.) Do you agree that the above quotation is substantially correct?

Choose ONE question. 50 minutes

  1. The returns earned on United States Direct Investments guarantee two things for the future: (1) a substantial share of total private United States capital sent abroad in any year will go to Latin America and (2) every country and every major type of industry in Latin America will be assured of an adequate future flow of United States private capital. Discuss.
  2. “One essential difference between petroleum and mineral products on the one hand and the products of agriculture and industry on the other consists of the fact that the former products represent the exploitation of non-replaceable, wasting-assets while the latter do not. The domestic requirements for petroleum and mineral products in industrially backward countries are small, and these products are produced primarily for export purposes. The continued or increased exploitation of these wasting-assets for export purposes constitutes a drain upon the national wealth which must necessarily prevent the realization of higher levels of national income in such countries.” Discuss, including a statement of your agreement or disagreement with the foregoing conclusion.

Choose TWO. 35 minutes each

  1. “The high cost of living in Venezuela is a direct consequence of that nation’s petroleum policy.” Discuss.
  2. What were the principal objectives of the Brazilian coffee control programs? Of the Inter-American Coffee Agreement? Do you believe that an international approach to coffee control promises more hope of success than the methods used in the past? Explain your answer to this last question.
  3. Discuss what you consider to be the more important economic consequences of the land tenure system in Latin America.
  4. Write an essay on the principal topics discussed in your reading period selection.

 

Source:  Harvard University Archives. Harvard University. Final Examinations, 1853-2001. Box 9, Papers Printed for Final Examinations, History, History of Religions,…Economics,…, Military Science, Naval Science. June, 1944.

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Enrollment 1948

[Economics] 14b. Assistant Professor Bradley.—The Economy of Latin America (Sp.)

Total 49: 1 Graduate, 24 Seniors, 16 Juniors, 6 Sophomores, 1 Business School, 2 Radcliffe.

 

Source: Harvard University. Report of the President of Harvard College, 1947-48, p. 89.

 

Enrollment 1949

[Economics] 114 (formerly Economics 14b). Assistant Professor Bradley.—The Economy of Latin America (Sp.)

Total 58: 1 Graduate, 26 Seniors, 23 Juniors, 4 Sophomores, 1 Public Administration, 1 Business School, 2 Radcliffe.

 

Source:Harvard University. Report of the President of Harvard College, 1948-49, p. 76.

 

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“Short” Reading List

Economics 14b
Spring Term, 1949
[mimeographed copy]

Readings related to Latin American economic problems+

  1. Royal Institute for International Affairs, Republic of South America, Chs. 1 and 2.
  2. George Soule, Efron and Ness, Latin America in the Future World, Chs. 1-6.
  3. L. Schurz, Latin America, pp. 155-178.
  4. H. Barber, “Land Problems in Mexico,” Foreign Agriculture, Vol. III, pp. 99-120.
  5. M. McBride, Chile: Land and Society, Ch. 5.
  6. George Wythe*, Industry in Latin America, Part I, Part II—Choose one: Argentina, Brazil or Mexico, Part III.
  7. M. Phelps, Migration of Industry to South America, Chs. 2, 4, 7.
  8. T. Ellsworth*, Chile: An Economy in Transition.
  9. Triffin, R., “Central Banking,” Ch. 4 in Economic Problems of Latin America, ed. By S. E. Harris.
  10. Robert Triffin, Money and Banking in Colombia, pp. 1-33.
  11. C. Wallich, “Cuba: Sugar and Currency,” Ch. 14 in Economic Problems of Latin America.
  12. Central Bank of Argentina, Annual Reports(from 1935).
  13. Spiegel, H. W., The Brazilian Economy.

* To be purchased

+ Other readings of a more general nature may be assigned later.

[Note: the “short” reading list for 1948 was identical except for the last item by H. W. Spiegel that was not included.]

Source:  Harvard University Archives. Syllabi, course outlines and reading lists in economics, 1895-2003. Box 4, Folder “Economics, 1948-1949 (1 of 2).

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“Long” reading list

Economics 14b
Spring Term, 1948
[carbon copy]

  1. Royal Institute for International Affairs, Republic of South America. [Chs. 1 and 2]
  2. M. McBride, Chile: Land and Society.
  3. L. Schurz, Latin America.
  4. George Soule, Efron and Ness, Latin America in the Future World. [Chs. 1-6]
  5. Foreign Agriculture, Vols. II, III.
  6. D. Wickizer, The World Coffee Economy.
  7. George Wythe, Industry in Latin America.
  8. Lloyd D. Hughlett, Industrialization of Latin America.
  9. W. Cooke, Brazil on the March.
  10. M. Phelps, Migration of Industry to South America.
  11. T. Ellsworth, Chile: An Economy in Transition.
  12. Economic Problems of Latin America, edited by S. E. Harris.
  13. N. Simpson, The Ejido.
  14. J. Brown, Industrialization and Trade.
  15. Olson and Hickman, Pan American Economics.
  16. Robert Triffin, Money and Banking in Colombia.
  17. Central Bank of Argentina, Annual Reports(from 1935).
  18. S. Tariff Commission, Foreign Trade of Latin America.
  19. American Advisory Economic Mission to Venezuela, Report to the Minister of Finance.
  20. G. Hanson, Utopia in Uruguay.
  21. Ernesto Galarza, Labor Trends and Social Welfare in Latin America.
  22. Virgil Salera, Exchange Control and the Argentine Market.
  23. S. Buchanan and Fred A. Lutz, Rebuilding the World Economy.
  24. L. Phelps, International Economic Position of Latin America.
  25. H. Williams, Argentine International Trade under Inconvertible Paper.
  26. Feuerlein and E. Hannan, Dollars in Latin America.
  27. M. Phelps, Economic Relations with Latin America.
  28. Cleona Lewis, America’s Stake in International Investment.
  29. F. Bain and T. T. Read, Ores and Industry in South America.
  30. Edgar Turlington, Mexico and Her Foreign Creditors.
  31. F. Rippy, Latin America and the Industrial Age.
  32. Fortune, March, 1933; December, 1935; January, 1942.
  33. Enke and V. Salera, International Economics.
  34. Triffin, Monetary and Banking Reform in Paraguay.

Source:  Harvard University Archives. Syllabi, course outlines and reading lists in economics, 1895-2003. Box 4, Folder “Economics, 1947-1948 (1 of 2).

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Final exam, May 1948

1947-48
HARVARD UNIVERSITY
ECONOMICS 14b

Part I

Answer BOTH questions. One hour each.

  1. Develop the evolution of Argentine monetary policy in response to the course of the trade cycle in the period from 1936 to 1945. Evaluate the success or failure achieved through the execution of monetary policy and provide an explanation for the results attained.
  2. Write an essay on “the determinants of economic progress in Venezuela.” Extract from your discussion and state in summary fashion those economic principles which you believe constitute conditions of economic progress in all nations.

Part II

Choose TWO. 30 minutes each.

  1. Would you as the manager of a firm incorporated in the United States build a branch plant in Argentina, Brazil, or Chile? Base your answer upon an analysis of our experience with branch plants in that area. (Do notselect this question if you are a citizen of a Latin American country.)
  2. Would you as a citizen of Argentina, Brazil, or Chile favor or oppose the construction of additional branch plants owned by firms incorporated in the United States of America? Base your answer upon an analysis of the experience of those countries with branch plants. (Do notanswer this question unlessyou are a citizen of a Latin American nation.)
  3. Describe the problems encountered and the policies pursued in the Argentine securities market in the period 1936-1944.
  4. Analyze, as an economist, the objectives of Chilean Development (Fomentao) Corporation and the powers granted to the Corporation for the realization of those objectives.
  5. Explain in the most fundamental terms possible the economic significance of imports to any Latin American country now endeavoring to promote economic development.

 

Source:  Harvard University Archives. Harvard University. Final Examinations, 1853-2001. Box 15, Papers Printed for Final Examinations, History, History of Religions,…Economics,…, Military Science, Naval Science. May, 1948.

____________________

Final Exam, June 1949

1948-49
HARVARD UNIVERSITY
ECONOMICS 114b

(Three hours)

I.

Write on BOTH the following questions. One hour each.

  1. Compare the economic experiences and policies of two of the following countries in the period 1929-1934: Argentina, Brazil, Chile, and Colombia. Was recovery in any one of these nations to be imputed to the economic policies adopted? Include in your discussion a description of the forces which generated economic events during this period.
  2. Explain as fully as you can the causes of the difference between the rates of economic development in the United States and in any one major Latin American nation.

II.

Write on TWO of the following topics. Thirty minutes each.

  1. The justification for policies of monetary autonomy in Latin America. Choose one country for illustrative purposes.
  2. The present economic situation in Argentina is to be explained in terms of international factors.
  3. Government deficit finance as a method for increasing living standards in Latin America.
  4. The considerations that would guide you as a United States business man in deciding whether or not to do business in Latin America. Which country is the most attractive from this standpoint?

Source:  Harvard University Archives. Harvard University. Final Examinations, 1853-2001. Box 16, Papers Printed for Final Examinations, History, History of Religions,…Economics,…, Military Science, Naval Science. June, 1949.

Categories
Harvard Suggested Reading Syllabus

Harvard. Principles of Economics. Enrollment, Staffing, Readings, 1947-48

 

The previous post provided transcriptions of the mid-year and end-year final examinations for Harvard’s principles of economics course for the academic year 1947-48. The second-term examination included over fifty multiple choice questions, which appears to me to be the first use of that examination format in the Harvard economics department. Today’s post gives additional information for the course: the course announcements, staffing, enrollment and reading lists. Should I ever come across the printed Course Syllabus: Economics A, I will try to get at least portions of it transcribed.

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Course Announcements

Economics Aa. Principles of Economics

Half-course (fall term). Tu., Th., Sat., at 11. Depending on enrolment, sections will also be arranged at other hours. Radcliffe sections will meet Tu., Th., Sat., at 11 and at such other times as the enrolment may justify.
Professor Burbank, Assistant Professor Bradley, Dr. Papandreou, and other Members of the Department.

Economics Aa may be taken by properly qualified Freshmen with the consent of the instructor.

Economics Ab. Principles of Economics

Half-course (spring term). Tu., Th., Sat., at 11. Depending on enrolment, sections will also be arranged at other hours. At Radcliffe Tu., Th., Sat., at 11 and at such other times as the enrolment may justify.
Professor Burbank, Assistant Professor Bradley, Dr. Papandreou, and other Members of the Department.

Economics Aa is a prerequisite for this course.

 

Source: Final Announcement of the Courses of Instruction offered by the Faculty of Arts and Sciences during 1947-48, published in Official Register of Harvard University , Vol. XLIV, No. 25 (September 9, 1947), p. 69.

_____________________________

Course Enrollments and Staffing

[Economics] Aa. Professor Burbank, Assistant Professor Bradley, and Messrs. Brecher, Campbell, M.G. Clark, Duesenberry, Farrell, Fels, Ferguson, Garbarino, Heany, Hunter, Kahn, Meredith, Passer, Powelson, Schelling, Thompson, Ulman.—Principles of Economics (F).

Total 834: 1 Graduate, 52 Seniors, 134 Juniors, 453 Sophomores, 184 Freshmen, 10 Other.

 

[Economics] Ab. Professor Burbank, Assistant Professor Bradley, and Messrs. Brecher, Campbell, M.G. Clark, P. Clark, Cochrane, Eckley, Farrell, Fels, Ferguson, Garbarino, Heany, Hirchleiger, Hunter, Kahn, McClelland, Margolis, Meredith, Morgan, Passer, Powelson, Reynolds, Thompson, Ulman.—Principles of Economics (Sp).

Total 747: 1 Graduate, 57 Seniors, 209 Juniors, 358 Sophomores, 109 Freshmen, 13 Other.

 

Source: Report of the President of Harvard College and Reports of Departments for 1947-48,p. 89.

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Course Readings

ECONOMICS Aa
Fall, 1947

Benham and Lutz Economics, American Edition (1941)
Bowman and Bach Economic Analysis and Public Policy (1944)
*Chandler, L. V. A Preface to Economics (1947)
*Federal Reserve System Federal Reserve Charts on Bank Credit, Money Rates and Business
Federal Reserve System Its Purposes and Functions (1939)
Luthringer, Chandler and Cline Money, Credit, and Finance (1938)
*Staff Members Syllabus: Economics A

*To be purchased by the students.

 

PART I. INTRODUCTION TO ECONOMICS (1 week)
A. THE INSTITUTIONAL BACKGROUND
Chandler, Ch. 1, The Scope of Economics 16
Chandler, Ch. 2, Production and Exchange; Their Meaning and Structure 21
Chandler, Ch. 3, Technology and Economics 28
Chandler, Ch. 4, Business Firms 29
Chandler, Ch. 5, Some Implications of the Industrial Revolution 14
103
B. THE COORDINATION OF ECONOMIC ACTIVITY
Chandler, Ch. 8, The Social Control of Economic Processes 20
Chandler, Ch. 9, Laissez-Faire and Competition 18
Chandler, Ch. 10, Competitive Control of Rationing, Price and Production 19
57
PART II. THE NATIONAL INCOME, MONEY, AND PRICES
A. THE NATIONAL INCOME
Syllabus, The National Economy

Ch. 1, National Income

48
48
B. MONEY
Syllabus, The National Economy
Ch. 2, Nature and Functions of Money 4
Ch. 3, The Existing Supply of Money in the United States 1
Ch. 4, The Banking System of the United States 9
Ch. 5, The Federal Reserve Banks and the Money Supply 4
Luthringer, Ch. 6, Quantitative Control of Bank Credit
Fed. Res. System
Ch. 1, A General Outline of the Federal Reserve System 12
Ch. 2, The Service Functions of the Federal Reserve Banks 14
Ch. 7, Federal Reserve Powers and Limitations 11
Ch. 8, Member Bank Reserves and Related Items 9
81
C. MONEY, PRICES AND THE NATIONAL INCOME
Syllabus, The National Economy

Ch. 6, Money, Prices, and the National Income

41
41
PART III. MARKET DETERMINATION OF THE RELATIVE PRICE OF CONSUMER GOODS AND SERVICES (4 weeks)
A. MARKETS
Benham, Ch. 2, Markets, omit Appendix A. 21
B. CONSUMER DEMAND
Benham, Ch. 3, Demand 16
Benham, Ch. 4, Price with a Fixed Demand, pp. 71-74 4
Benham, Ch. 5, Changes in Demand 11
31
C. THE BUSINESS FIRM—COST AND REVENUE
Bowman and Bach, Ch. 4, The Unit of Business Enterprise 15
Syllabus, Value
Ch. 1, Problems of the Firm 17
Ch. 2, Problems of Production, Real Input and Real Output 16
Ch. 3, Problems of Production: Money Costs and Money Returns 18
66
D. THE INDUSTRY—DEMAND AND SUPPLY
Bowman and Bach
Ch. 14, Pure Competition and the Law of Supply and Demand 9
Ch. 15, The Firm and Short-run Market Adjustments, pp. 216-220 4
Ch. 16, Long-run Price and Output Adjustments 14
27
E. MODIFICATIONS OF COMPETITION
Chandler, Ch. 12, Competition Today 27
PART IV. PUBLIC CONTROL OF MARKETS (2 weeks)
Bowman and Bach
Ch. 26, Foundations of Power 29
Ch. 27, Some Monopolistic Price Policies 17
Ch. 28, Public Policy Attacking Restraints of Trade in Business 18
Ch. 29, Public Utility Regulation 21
Ch. 56, Agriculture: A Case Study 31
Chandler, Ch. 13, Laissez-Faire Today 21
137

 

ECONOMICS Ab
Spring 1948

Benham and Lutz Economics, American Edition (1941)
Bowman and Bach Economic Analysis and Public Policy (1944)
Committee for Economic Development Taxes and the Budget
*Hoover, C. B. International Trade an Domestic Employment
*League of Nations Economic Stability in the Post-War World (1945)
Slichter, S. H. Basic Criteria Used in Wage Negotiations
Slichter, S. H. Trade Unions in a Free Society
*Staff Members Syllabus: Economics A
Twentieth Century Fund How Collective Bargaining Works
Williamson and Harris Trends in Collective Bargaining
Witte, Edwin Labor-Management Relations Under Taft-Hartely Act
*U.S. Dept. of Commerce The United States in the World Economy

*To be purchased by the students.

 

PART V. THE MARKETS FOR FACTOR SERVICES
(15 sessions including Part VI)
A. PRINCIPLES GOVERNING FACTOR COMBINATIONS
Review Syllabus: VALUE
Ch. I—Problems of the Firm 16
Ch. II—Problems of Production 16
Ch. III—Problems of Production 18
50
B. GENERAL THEORY OF DISTRIBUTION
Syllabus: DISTRIBUTION
Ch. I—Definitions 3
Ch. II—General Theory of Distribution 15
Benham & Lutz
Ch. 18: Rent 13
Ch. 17: Interest 31
62
C. PERSONAL DISTRIBUTION OF INCOME
Class Discussion: No assignment
PART VI LABOR ORGANIZATION AND LABOR MARKET
Bowman & Bach
Ch. 30: History and Philosophy of Trade Unionism 16
Williamson & Harris
Ch. 1: What is Collective Bargaining 8
Ch. 2: Bargaining Agencies for the Workers 11
Ch. 3: Employer Bargaining Agencies 11
Ch. 4: Union Recognition 14
Ch. 5: Collective Agreements 11
Ch. 6: Wages 17
Slichter
Sections I and II: Basic Criteria Used in Wage Negotiations 34
20th Century Fund
How Collective Bargaining Works 47
Slichter
Trade Unions in a Free Society 31
Witte
Labor-Management Relations Under the Taft-Hartley Act 22
222
PART VII. INTERNATIONAL ASPECTS OF MARKETS AND FINANCE
(7 sessions)
Benham & Lutz
Ch. 25: The Theory of International Trade 22
Ch. 26: Balances of Payments 10
Ch. 27: Free Exchange Rates 10
Ch. 28: The Gold Standard 22
Ch. 29: Exchange Control 8
Ch. 30: Import Duties and Quotes 9
The United States in the World Economy
Summary and Recommendations 26
Ch. 1: The Setting of the Problem 9
Hoover
Ch. 1: The Determination of National Policy and National Trade 17
Ch. 2: The International Monetary Fund 16
Ch. 3: The Problem of International Loans and Investments 19
Ch. 4: The Newer Forms of Trade Barriers 15
Ch. 5: Our Tariff Policy 15
198
PART VIII. PUBLIC FINANCE AND THE ECONOMIC PROBLEM
(7 sessions)
Bowman & Bach
Ch. 46: Introduction to the Public Economy 11
Ch. 47: Public Expenditures 13
Ch. 48: Public Revenues: Taxation 26
Ch. 49: Taxation (continued) 29
C.E.D., Taxes and the Budget
II. Tax Program for Nineteen-Fifty-X 25
III. Tax Policy for 1948 5
Bowman & Bach
Ch. 50: Fiscal Policy and the National Income 18
Ch. 51: Social Security 16
143
PART IX. PROSPERITY AND DEPRESSION
(7 sessions)
Section I: The Nature of Depressions
League of Nations: Economic Stability in the Post-War World
Ch. 1: The Nature of Depression 16
Ch. 2: Types of Depression 5
Bowman & Bach
Ch. 44: General Business Fluctuations 24
League of Nations: Economic Stability in the Post-War World
Ch. 4: The Strategic Role of Investment 26
Ch. 5: Depressions and Primary Production 11
Ch. 6 International Spread of Booms and Depressions 23
125
Section II: Anti-Depression Policies
League of Nations: Economic Stability in the Post-War World
Ch. 7: Regulation of Total Expenditure 9
Ch. 8: Constituents of national Expenditures 6
Ch. 9: Private Consumption Expenditure 10
Ch. 10: Private Investment 17
Ch. 11: Credit Policy and the Stabilization of Total Expenditure 10
Ch. 12: Public Expenditure and Fiscal Policy 26
Ch. 13: Foreign Investment 12
Ch. 14: Employment and Inflation 14
104

 

Source: Harvard University Archives. Syllabi, course outlines and reading lists in economics, 1895-2003 (HUC 8522.2.1). Box 4, Folder “1947-48, (1 of 2)”.

Image Source:  Harold H. Burbank in Harvard Class Album, 1934.

 

 

 

Categories
Harvard Suggested Reading Syllabus

Harvard. Economic Problems of Latin America. Bradley, 1944

Philip Durgan Bradley, Jr. (1912-2003) received his A.B. from Lawrence College in 1935, his A.M from Harvard in 1938, and his Ph.D. from Harvard in 1942 with the dissertation “Some aspects of corporate income taxation”. Bradely’s special examination for the Ph.D. was in Public Finance. Besides having been a tutor/instructor then assistant professor of economics at Harvard, a visiting professor at the University of Virginia and a contributor to a volume about unions published by the American Enterprise Organization (forerunner of today’s American Enterprise Institute), his career remains somewhat obscure.

Bradley, Philip D. et alLabor Unions and Public Policy. Washington, D.C.: American Enterprise Association, 1958.
Bradley, Philip D. (ed.) The Public Stake in Union Power. Charlottesville: University Press of Virginia, 1959.

______________________________

Course Enrollment

[Economics] 38b. (spring term) Dr. Bradley.—Economic Problems of Latin America.

Total 82: 1 Graduate, 5 Seniors, 10 Juniors, 1 Sophomore, 1 Freshman, 20 Radcliffe, 44 Other.

Source: Harvard University. Report of the President and Reports of the Departments, 1943-44, p. 184.

______________________________

 

Economics 38b
Spring Term, 1944

 

  1. Introduction

Royal Institute of International Affairs, Republics of South America, Chs. I and II.

  1. Agriculture and Land Tenure
    1. L. Schurz, Latin America, pp. 155-178.
    2. M. McBride, Chile: Land and Society, Ch. V.
    3. H. Barber, Land Problems in Mexico, Foreign Agriculture, Vol. III, pp. 99-120.
    4. O Nyhus, Argentine Pastures and the Cattle-Grazing Industry, Foreign Agriculture, Vol. IV, pp. 3-30.
    5. Agriculture in Peru, Foreign Agriculture, Vol. II, pp. 267-98.
    6. D. Wickizer, The World Coffee Economy, Chs. I, II, VII.
  1. Resources, Mining, and Industry
    1. F. Bain and T. T. Read, Ores and Industry in Latin America, pp. 54-62, 72-81, 135-147, 248-258, 303-308.
    2. Wythe, The New Industrialization in Latin America, Journal of Political Economy, 1937, pp. 207-28.
    3. C. Simonsen, Brazil’s Industrial Evolution, pp. 11-63.
    4. José Jobin, Brazil in the Making, Part III, Ch. I, pp. 93-106.
  1. Government, Labor, and Industry
    1. Lewis Lorwin, National Planning in Selected Countries, General, pp. 121-134; Brazil, 137-140; Venezuela, 157-164.
    2. M. Phelps, Migration of Industry to South America, Chapter VI, Government Control of Business Activities, pp. 165-193.
    3. M. Phelps, “Petroleum Regulation in South America,” American Economic Review, March 1939, pp. 48-59.
    4. American Advisory Economic Mission to Venezuela, Report to the Minister of Finance.
      1. General Background, pp. 243-277, 286, 295, 298.
      2. Chapter I, Introduction, pp. 1-2, 4-6, 10-14.
      3. Chapter II, Price Level and Structure, pp. 15-37, 46-52.
      4. Chapter III, Tariffs, pp. 75-82.
      5. Venezuelan Public Finance, pp. 301-310.
        Chapter V, Internal Revenue System, pp. 141-155, 175-177, 195-202.
    5. M. Phelps, Migration of Industry to South America,
      Chapter VII, section on Labor, pp. 238-270.
    6. Galarza, Labor Trends and Social Welfare in Latin America, 1941 and 1942, Summary pp. i-viii.CHOOSE EITHER 7, 8, OR 9.
    7. Paula Lopes, “Social Problems and Legislation in Brazil,” International Labor Review, Vol. 44, No. 5, pp. 493-537.
    8. Galarza, Labor Trends and Social Welfare in Latin America, Argentina, pp. 1-23 and Chile, pp. 50-70.
    9. Galarza, Labor Trends and Social Welfare in Latin America, Bolivia, pp. 23-40.
      and
      E. Herrnstadt, “Problem of Social Security in Colombia,” International Labor Review, Vol. 47, No. 4, pp. 426-449.
  1. Trade, Money and Finance
    1. Olson and Hickman, Pan American Economics, Ch. 3.
    2. Law and Contemporary Problems, Hemisphere Trade, Autumn, 1941
      Operation of the Trade Agreements Program, pp. 684-707.
    3. S. Tariff Commission, Foreign Trade of Latin America, Part II, Volume 2, United States Silver Policy, pp. 204-209.
    4. Triffin, Money and Banking in Colombia, Sections 2 and 3.
    5. German Max, Monetary History in Chile.
    6. Triffin, Central Banking and Monetary Management in Latin America.
    7. Olson and Hickman, Pan American Economics, Ch. 5.
    8. C. Wallich, “Future of Latin American Dollar Bonds,” American Economic Review, June 1943, pp. 321-336.
    9. Patterson, “The Export-Import Bank,” Quarterly Journal of Economics, November 1943.

 

READING PERIOD

Read: V. D. Wickizer, World Coffee Economy, Ch. XI and XII, pp. 203-208 and pp. 220-233.

Read one of the following:

C. D. Kenner, Social Aspects of the Banana Industry, Omit Chs. 6, 8, 9, and 11.

D. M. Phelps, Migration of Industry to South America, Chs. 1 thru 4.

Banco Central de la República Argentina, Annual Report:

a. 1938, pp. 5-27
b. 1939, pp. 1-24
c. 1940, pp. 1-12
d. 1941, pp. 17-40
e. 1942, pp. 1-50

 

Source: Harvard University Archives. Syllabi, course outlines and reading lists in Economics, 1895-2003 (Box 3), Folder “Economics, 1943-44 (2 of 2)”.