Categories
Duke Economics Programs

Duke. A history of economics instruction in Durham, 1996.

The following short history of economics instruction at Trinity College and Duke University in Durham, NC was written by the once chairperson of the Duke department (1957-74), Professor Frank T. de Vyver. [correction: This narrative was begun by Robert Smith (who died in 1969), expanded by Frank de Vyer in 1979, and updated by Forrest Smith in 1992.] From my trawling the internet archive The Wayback Machine, I was also able to preserve the iconic 1990s color bar separator found on the original webpage.

An earlier Duke-related artifact  from the pre-internet age transcribed for Economics in the Rear-view Mirror:

Career information for a quarter-century of Duke Economic PhDs, 1957.

After I completed this post I found the following expanded version of the material posted here (with a picture).

 

______________________

  History

In 1899-1900 Jerome Dowd, Professor of Political Economy and Sociology, taught a two-semester course in “Economics” for juniors. Two years later Trinity College had a Department of History and Economics, and Professor John Spencer Basset gave three courses: “Principles of Political Economy,” “Principles of Finance,” and “Industrial Development of England and America.” Bassett, as everyone who ever attended Trinity knew, was the historian who aroused the wrath of many Southerners by comparing Booker T. Washington with Robert E. Lee.

William Henry Glasson, holding a Ph.D. from Columbia University, came to Durham in 1902 as Professor of Political Economy and Social Science and Head of the Department of Economics and Social Science. For many years Glasson was the Department. The number of economics courses listed in the catalogue soon jumped to ten, although it seems unlikely that all were offered every year. Juniors could take “Principles of Political Economy” and “Economic and Social History of England and the United States.” Seniors were offered “Social Science” and “Economics and Social Problems,” while “Money and Banking” and “Public Finance” were senior-graduate courses. Four courses were reserved for graduate students: “History of Political Economy,” “Development of Economic Theories,” “The State in Its Relations to Industry,” and “Socialism and Other Plans for Social Reconstruction.” In the 1903-04 curriculum the latter two courses were dropped in favor of “Modern Industrial Organization” and “Railway Transportation.”

In 1908 Glasson became head of the Department of Economics and Political Science, and “Principles of Political Science” and “Municipal Government” were added to the undergraduate curriculum. Apparently, no new staff appointment was made until Bascom W. Barnard came to Trinity in 1919 as assistant professor of economics. Four years later, when the number of courses in economics and government had increased to seventeen, the teaching staff included Professors William J. H. Cotton and Alpheus T. Mason, and Jesse T. Carpenter, a part-time instructor. In 1924 thirteen courses in the Department were listed under “Economics and Business Administration” and seven under “Political Science.”

In December, 1924, Trinity College became an undergraduate college of Duke University, and in the fall of 1926 the Graduate School of Arts and Sciences was inaugurated with Professor Glasson as Dean. A year earlier (1925) Calvin B. Hoover came to Duke as assistant professor of economics and Robert R. Wilson was appointed assistant professor of political science. In 1926 Charles E. Landon joined the Department as assistant professor of economics and John H. Shields became an instructor in accounting; in 1927 Earl J. Hamilton accepted the position of assistant professor of economics and Robert S. Ranking, assistant professor of political science. Professor Joseph J. Spengler joined the faculty in 1932. He was a central figure in developing the graduate program. Currently the Department’s graduate student association, the “Spengler Club,” honors his name.

Glasson served as Dean of the Graduate School until 1938 and as Chairman until 1939. Professor Hoover, who succeeded him in both positions, held the deanship until 1947 and the chair until 1957.

Professor Frank T. de Vyver, who came to Duke in 1935, served as chairman from 1957 to 1974. His successor, Professor Robert S. Smith, was chairman of the Department of Economics and Business Administration in 1964-67. In 1967, the University divided the Department of Economics and Business Administration into two departments, and Smith continued as chairman of the Economics Department until 1968.

Professor John O. Blackburn, following service to Duke University as its chancellor, assumed the chair of the Economics Department in 1968, serving until 1970. He was followed by Professor David G. Davies, 1970-73, Professor Allen Kelley, 1973-1980, and Professor T. Dudley Wallace, 1980-83. Following Professor Wallace as department chairperson were Professor E. Roy Weintraub, 1983-87, Professor John M. Vernon, 1987-89, and Professor Henry G. Grabowski, 1989-92. Professor Neil B. de Marchi was appointed chairperson of the Department of Economics in 1992. Professor Marjorie B. McElroy was Acting Chair from May 1995 through August 1996, while Professor de Marchi is on sabbatical; she has been appointed Chair through August 1999.

 

Graduate Studies in Economics

The history of graduate studies in Economics goes back to the turn of the century. The Trinity College Catalogue for 1899-1900 lists S. W. Sparger as a graduate student in Political Economy and English; and in 1900-01 Joseph P. Breedlove, for many years University Librarian, was also a graduate student in Political Economy and English. The following year Breedlove was a graduate student in Political Economy only and in 1902 was awarded the M.A. degree. Henry R. Dwire, who received his M.A. in 1903, was a graduate student in Social Science, Economics, English, and History; and A. B. Bradsher, an M.A. in 1905, was a graduate student in Political Economy, Chemistry, English, and Law. In 1911-1915 there were graduate students who combined Political Economy and Mathematics, Physics, and Chemistry, or (in one case) Greek, Latin, and Education.

Although Marion S. Lewis, who received his M.A. in 1921, was a graduate student in Economics, even after the opening of the Graduate School few students were enrolled in just one discipline. Jesse T. Carpenter was a graduate student in Economics, Philosophy, and English (1923-24), and Julian P. Boyd was a graduate student in Economics and Political Science (1925- 26). In 1926-27 Richard A. Harvill and Benjamin U. Ratchford were graduate students in Economics and History. Both received the M.A. degree in 1927. Harvill continued graduate work at Northwestern University, from which he received his Ph.D. in 1932. Ratchford, who retired in 1967 as Vice-President of the Federal Reserve Bank of Richmond, received his Ph.D. from Duke in 1932.

The emphasis on the level of post-graduate achievement in the department has vacillated. In the 1970s, virtually every student who matriculated did so with the intent of earning a Ph.D. Resultant class sizes then were predictably small: the entering class of 1978 consisted of only seven students. There are currently 87 students in the Ph.D. program, and 20 students working toward an M.A. Currently the graduate program offers specialized training in over a dozen fields and programs.

Since 1932, the Department has awarded over 407 doctoral and 255 Master of Arts degrees in Economics.

Frank T. de Vyver

Source: Duke University. Department of Economics History webpage (last revised, August 29, 1996). Archived at the Wayback Machine internet archive.

Image Source:  Duke University, 1938. Photographed by Frances Benjamin Johnston. From the Carnegie Survey of the Architecture of the South, Library of Congress Prints and Photographs Division Washington, D.C.

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Duke Economics Programs Economists

Duke. Career information about the first quarter century of economics Ph.D.’s, 1957

 

Early lists of economics Ph.D. degrees awarded by Harvard (1875-1926) and the University of Chicago (1894-1926) have been posted earlier. Duke University awarded its first Ph.D. in economics in 1932. The department published a survey of its 45 Ph.D. alumni in its October 1957 departmental newsletter that is transcribed below. Year the Ph.D. was awarded, employment in 1957, some employment history,  and sample publications are included.

_________________

Duke Economics Graduates Newsletter
Number 3. October 1957

Duke University
Durham
North Carolina

Department of Economics
and Business Administration

COMMENCEMENT in 1957 marked the end of a quarter century since the University awarded its first Ph.D. in economics. The degrees conferred last June brought the total to 45, distributed as follows.

1932

2 1947 1
1934 2 1948

3

1935

1 1949 1
1937 3 1950

4

1938

1 1951 2
1939 1 1952

1

1940

1 1953 3
1941 5 1954

2

1942

1 1955

2

1943

2 1956 1
1944 2 1957

4

The first few pages of this NEWSLETTER are devoted to the activities of these 45 Doctors of Philosophy in economics. The response to the questionnaire distributed last summer was so abundant that it has proved impossible to report all the data submitted. In particular, the editor has had to pare publications lists in order to keep the NEWSLETTER   within reasonable bounds. It is his hope that its contents nevertheless fairly represent the varied research interests and the wide experiences of our graduates in university, business, and government employment. By the way of preface to the Ph.D. and M.A. rolls [Note: M.A. rolls not included in this post] Professor Hoover has the following greeting for former graduate students in economics:

To all who have been graduate students in Economics at Duke:

            This occasion of the twenty-fifth anniversary of Duke University’s granting of the first Ph.D. in Economics coincides with the beginning of my thirty-third year at Duke University and with the relinquishment of the Chairmanship of the Department after twenty years’ service. My association with our graduate students has been the closer since for ten years I also served as Dean of the Graduate School. This was in like manner true of my predecessor, Dean W. H. Glasson, who laid the foundations of graduate work in our Department and in the University. We are fortunate in having as the new Chairman of the Department, Dr. Frank de Vyver who has for so long helped so efficiently in carrying on the administrative duties of the Department. Dr. R. S. Smith is currently acting as Director of Graduate Studies in place of Dr. Joseph Spengler, who continues to contribute so much to our program of graduate training and research. Dr. Spengler has a Ford Fellowship for the present academic year.

            We are gratified with the recognition which the research work and graduate teaching of our faculty has received during the past years. It is upon your accomplishments and attainments since leaving Duke, however, that we depend in large degree for our standing in the academic world. We are grateful to you and our best wishes are always with you.

Sincerely
Calvin B. Hoover

*  *  *  *  *  *  *  *  *  *  *  *

Doctors of Philosophy

DR. CLARK LEE ALLEN ‘42
Head, Department of Economics, North Carolina State College

Regional Economist, OPA, 1942-43; Army Finance Dept., 1943-45; Duke, 1945-46, 1947-49; Northwestern, 1946-47; Head of Department, Florida State, 1949-54; Head of Department, Texas A.&M., 1954-56.

American Economic Association, Graduate Record Examination Comm., 1951, 1953, and Economic Education Comm., 1957-60; Editor, Southern Economic Journal, 1956-.

“Rayon Staple Fiber: Its Past and Its Prospects,” Southern Economic Journal, Oct. 1946.
“Modern Welfare Economics and Public Policy,” Southern Economic Journal, July 1952.
(Co-author) Prices, Income, and Public Policy. 1954.

*  *  *  *  *  *

DR. WILLIAM R. ALLEN ‘53
Assistant professor, University of California, Los Angeles

Washington University, 1951-52; Northwestern, 1952.

Social Science Research Council Fellow, 1950-51; Conferee, Ford Foundation Seminar on Sociology of Knowledge, 1953; Conferee, Merrill Center for Economics, 1955; Conferee, SSRC Seminar on Diplomatic History, 1956.

“The Effects on Trade of Shifting Reciprocal Demand Schedule,” American Economic Review, Mar. 1952.
“The International Trade Philosophy of Cordell Hull, 1907-1933,” American Economic Review, Mar. 1953.
“Stable and Unstable Equilibria in the Foreign Exchanges,” Kyklos, VII, Fasc. 4, 1954.

*  *  *  *  *  *

DR. KARL E. ASHBURN ‘34
Director, Division of Business Administration, Alabama College

Southern Methodist; Texas Christian; University of Florida, Texas Technological; Chief of Placement, Tenth U.S. Civil Service Region; Dean, Division of Commerce, McNeese State College, 1952-57.

Editor, Southwest Social Quarterly, 1937-38; Labor Consultant, Executive Dept., State of Texas, 1938; Migratory Labor Comm., State of Louisiana, 1940-41; Louisiana Survey on Higher Education, 1954-56; State of Louisiana Comm. on Industrial Development, 1957; Advisory Board, Port of Lake Charles, 1957.

“Slavery and Cotton Production in Texas”, Southwestern Social Science Quarterly, Dec. 1933.
“The Texas Cotton Control Acreage Law,” Southwestern Historical Quarterly, July 1957.

*  *  *  *  *  *

DR. ELBERT V. BOWDEN ‘57
Associate professor, College of William and Mary in Norfolk

Duke University, 1952-54 and 1955-56; Bureau of Business Research, U. of Kentucky, 1954-55.

*  *  *  *  *  *

DR. R. BUFORD BRANDIS ‘43
Chief Economist and Director, Economic Research Division, American Cotton Manufacturers Institute

Littauer Fellow, Harvard, 1940-41; Research Dept., Federal Reserve Bank of Atlanta, 1941-45; Supply Officer, U.S. Naval Reserve, 1945-46; Emory University, 1946-52; Research Economist, U.S. Chamber of Commerce, 1952-54.

“British Overseas Trade and Foreign Exchange,” Political Science Quarterly, June, 1943.
“British Prices and Wage Rates, 1939-41,” Quarterly Journal of Economics, August 1943.
(Co-author) The American Competitive Enterprise Economy, 1953.

*  *  *  *  *  *

DR. ROYALL BRANDIS ‘52
Associate professor, University of Illinois

War Regulations Analyst, E.I. du Pont, 1941-43; Foreign Trade Economist, National Cotton Council, 1947-49; Duke, 1949-52.

“Cotton Competition: U.S. and Brazil, 1929-1948,” Journal of Farm Economics, Feb. 1952.
“Cotton and the World Economy,” Southern Economic Journal, July, 1956.
“Notes on the Theory of Games and the Social Sciences,” Erhversokonomisk Tidsskrift, 20, Sept. 1956.

*  *  *  *  *  *

DR. EVERETT J. BURTT, JR. ‘50
Chairman, Department of Economics, Boston University

University of Maine, 1939-41; Denver University, 1941-42; War Manpower Commission, 1942-43; U.S. Bureau of Labor Statistics, 1946-47.

“Labor Utilization during National Emergencies,” Monthly Labor Review, Oct. 1951.
“Full Employment in the Postwar Period,” Social Science, Jan. 1943.
“After the Shutdown in Howland, Maine,” Southern Economic Journal, July 1941.

*  *  *  *  *  *

DR. JAMES J. CARNEY, JR. ‘38
Chairman, Department of Finance, University of Miami

Duke, 1934-37; University of Illinois, 1937-40; Regional Labor Economist, War Manpower Commission, 1942-43; Regional Labor Economist, Fourth Service Command, 1944.

“Some Aspects of Spanish Colonial Policy,” Hispanic American Historical Review, May 1939.
Institutional Change and the Level of Employment: A Study of British Unemployment,1918-1929. 1956.

*  *  *  *  *  *

DR. WALTER H. DELAPLANE ‘34
Dean of Arts and Sciences, Texas A.&M. College

Duke, 1934-43; Economist and Chief, Iberian Section, Blockade Division, 1943-45; National Univ. of Paraguay, 1945-46; Colegio Libre, Buenos Aires, 1946; Head of Dept., St. Lawrence Univ., 1946-48.

*  *  *  *  *  *

DR. WILLIAM P. DILLINGHAM ‘50
Professor, Florida State University.

Univ. of Georgia, 1947-49; Senior Consultant, President’s Comm. on Veterans Pensions, 1955-56; Research Staff, Florida Citizens Tax Council.

Federal Aid to Veterans, 1917-1941, 1952.
The Historical Development of Veterans’ Benefits in the United States. 1956
Taxation of Intangible Personal Property in Florida. 1956

*  *  *  *  *  *

DR. EDWIN WOODROW ECKARD ‘37
Project Evaluator, Glenn L. Martin Company

University of Arkansas, 1946-52; Division Economist, Office of Price Stabilization, 1952-53.

Economics of W. S. Jevons. 1940

*  *  *  *  *  *

DR. RALPH T. GREEN
Director, Texas Commission on Higher Education

Financial Economist, Federal Reserve Bank of Dallas, 1949-55; Chairman, Department of Economics, Baylor University, 1955-56.

Southern Regional Education Board, 1957-; Official Texas Delegate, Southern Regional Conference on Education Beyond the High School, 1957; Delegate, Fourth Meeting of Technicians of Central Banks of the American Continents, 1954.

“Evaluating Adequacy of Bank Capital: An Analysis of the Problem,” Journal of Finance, Sept. 1954.
“The Challenge of Inflation,” Texas Industry, Feb. 1951.
“Meeting the Challenge of Public Higher Education in Texas,” Texas School Board Journal, June 1956.

*  *  *  *  *  *

DR. PERCY L. GUYTON ‘52
Head of Economics Section, Department of Social Sciences, Memphis State University.

Mississippi State, 1928-36; Research Fellow, Brookings Institution, 1938-39; Simpson College, 1939-43; Associate Price Executive, OPA, 1945; Northwestern, 1945-46; Head, Department of Economics and Business, King College, 1946-54.

*  *  *  *  *  *

DR. RECTOR R. HARDIN ‘35
Professor of Business Administration and Acting Chairman, Dept. of Management, College of William and Mary in Norfolk

Head, Dept. of Economics, Berea College, 1935-46; University of Arkansas, 1946-47; Head, Dept. of Economics, Howard College, 1947-57.

American Institute of Management Fellow, 1954-57; President, Kentucky Academy of Social Sciences, 1940-41; Alpha Kappa Psi Deputy Councillor, 1949-57.

“Conservation of Manpower in Alabama,” Alabama Academy of Science Journal.

*  *  *  *  *  *

DR. H. WALTER HARGREAVES ‘42
Professor, College of Commerce, University of Kentucky

Texas College of Mines and Metallurgy, 1940-42; Economic Analyst, New York Life Insurance Co., 1946-48.

“The Guaranteed Security in Federal Finance,” Journal of Political Economy, 1942.

*  *  *  *  *  *

DR. DAVID M. HARRISON ‘41
Associate Professor, Ohio State University

*  *  *  *  *  *

DR. DOUGLAS G. HARTLE ‘57
Lecturer, Department of Political Economy, University of Toronto

Chief, Employment Labor Market Section, Economics and Research Branch, Dept. of Labor, Ottawa, 1955-57. Governor, Carleton University, 1957-60.

*  *  *  *  *  *

Dr. R. MURRAY HAVENS ‘41
Head, Department of Economics, University of Alabama

Baldwin Wallace College, 1941-43; Regional Analyst, OPA, 1943; Economist, Economic Cooperation Administration in Paris, 1948-1949; Economist, Mutual Security Administration, 1951-52

“Laissez-Faire Theory in the Presidential Messages,” Journal of Economic History, Jan. 1942 (Supplement).
“Federal Government Reactions to the Depression of 1837-1843,” Southern Economic Journal, Oct. 1941
“The Significance for American Policy of British Reserve Losses, 1951-1952,” Southern Economic Journal, July 1951

*  *  *  *  *  *

DR. HERMAN BROOKS JAMES ‘49
Head, Department of Agricultural Economics, North Carolina State College

Teacher of Vocational Agriculture and Country Agent, 1933-40; Farm Management Specialist, N.C. Agricultural Extension Service, 1940-42, Agricultural Economist, Bureau of Agricultural Economics, 1943-44.

Chairman, Committee on Agricultural Economics, Social Science Research Council, 1953-56; Vice-chairman, National Committee on Agricultural Policy, Farm Foundation, 1956-; President, American Farm Economics Association, 1956-57.

“Limitations of Static Economic Theory in Farm management Analysis,” Journal of Farm Economics, Nov. 1950.
(Co-author) Farm Mechanization, (N. C. Experiment Station Bulletin 348).
(Co-author) Cotton Mechanization in North Carolina. (N. C. State College Technical Bulletin 104)

*  *  *  *  *  *

DR. KEITH W. JOHNSON ‘44
Economist, Pacific Gas & Electric Company

Deane College, 1938-40; Franklin & Marshall College, 1940-42; Economist, War Production Board, 1942-45; Economist, U.S. Dept. of Commerce, 1945-47; University of New Mexico, 1947-48; Economist, Federal Reserve Bank of Dallas, 1948-52; Statistician, Regional Office, General Services Administration, 1952-54

“Residential Vacancies in Wartime U.S.,” Survey of Current Business, Dec. 1942
“Construction and Housing,” Historical Statistics of the U.S., 1789-1945. (Chapter H).
“The Interstate and Foreign Commerce of Texas,” Monthly Business Review(Federal Reserve Bank of Dallas), Oct. 1948

*  *  *  *  *  *

DR. JAMES MAYNARD KEECH ‘37
Chairman, Department of Management, University of Miami

Recruiting Specialist, U.S. Civil Service Commission, 1942-44; Auxiliary Departments Analyst, 1948-49.

Workmen’s Compensation in North Carolina, 1929-40, 1942

*  *  *  *  *  *

DR. CLIFTON H. KREPS, JR., ‘48
Wachovia Associate Professor of Banking, School of Business Administration, University of North Carolina

Mt. Union College, 1945-46; Pomona College, 1946-47; Denison University, 1947-49; Economist; Chief, Public Information Division; Chief, Financial Statistics Division, Federal Reserve Bank of New York, 1949-55

“Federal Reserve Policy Formation,” American Economic Review, Sept. 1950
(Editor) Federal Taxes, 1952
“The Commercial Paper Market” and “Bankers Acceptances,” in Money Market Essays. 1951

*  *  *  *  *  *

DR. JUANITA MORRIS KREPS ‘48
Assistant Professor, Duke University

Denison University, 1945-49; Hofstra College, 1952-54; Queens College (N.Y.), 1955.

(Co-editor) Aid, Trade and Tariffs, 1953
Our National Resources, 1955

*  *  *  *  *  *

DR. EDWARD T. MC CORMICK ‘41
President, American Stock Exchange

Security Analyst; Commissioner, Securities and Exchange Commission, 1934-51; OPA and WPB (on loan from SEC)

Understanding the Securities Act and the S.E.C. 1948

*  *  *  *  *  *

DR. PHILLIP D. MC COURY ‘57
Professor, Division of Social Science, Humboldt State College

Central College (Missouri), 1950-52; University of Tennessee, 1955-57

*  *  *  *  *  *

DR. EDWIN MANSFIELD ‘55
Assistant Professor, Graduate School of Industrial Administration, Carnegie Institute of Technology

Fulbright Scholar to the United Kingdom, 1954-55; Diploma, Royal Statistical Society, 1955; University of Maryland Overseas, 1954; Research Associate, Duke, 1953-54

“The Measurement of Wage Differentials,” Journal of Political Economy, Aug. 1954.
“Community Size, Region, Labor Force and Income,1950,” Review of Economics and Statistics, Nov. 1955.
“City Size and Income, 1949,” Studies in Income and Wealth, vol. 21, 1957.

*  *  *  *  *  *

DR. WILLIAM L. MILLER ’50
Professor, Alabama Polytechnic Institute

DePaul University, 1946; Duke, 1946-47; Bowling Green State University, 1947-49

“Some Short-Run Relationships between Changes in the Quantity of Money, the National Income, and Income Velocity,” Southern Economic Journal, 1950
“The Multiplier Time Period and the Income Velocity of Active Money,” Southern Economic Journal, 1956.

*  *  *  *  *  *

DR. JAMES J. O’LEARY ’41
Director of Investment Research and Economist, Life Insurance Association of America

Wesleyan University, 1939-45; Duke University

“Should Federal Deposit Insurance be Extended?”, Southern Economic Journal, July 1943

The Future of Long-Term Interest Rates. 1945

*  *  *  *  *  *

DR. HENRY M. OLIVER, JR. ’39
Professor, Indiana University

Univ. of Mississippi, 1937; Duke, 1937-39; Yale, 1939-41; Associate Economist, National Resources Planning Board, 1941; Economic Analyst, U. S. Treasury Department, 1941-45; Univ. of North Carolina, 1946-47; Northwestern, 1947-49.

Vice-president, Indiana Academy of Social Sciences, 1951; Fulbright Lecturer, University of Ceylon, 1955-56.

A Critique of Socioeconomic Goals. 1954
“Wage Reductions and Employment,” Southern Economic Journal, January 1939
“Average Cost and Long-Run Elasticity of Demand,” Journal of Political Economy, June 1947.
Economic Opinion and Policy in Ceylon. 1957

*  *  *  *  *  *

DR. OLIN S. PUGH ’57
Assistant Professor, University of South Carolina

General Education Board Fellow, 1951-52; Southern Fellowship Fund Fellow, 1955-56.

The Export-Import Bank of Washington; Bureau of Business and Economic Research, University of South Carolina, 1957.

*  *  *  *  *  *

DR. CHARLES BRYCE RATCHFORD ‘51
Assistant Director, N. C. Agricultural Extension Service

In charge, Extension Farm Management and Marketing, N. C. Agricultural Extension Service, 1950-54; Assistant Farm Management Specialist, 1942, Farm Management Specialist, 1946-47; In charge, Extension Farm Management, 1947-50; Advisory Committee, Bureau of the Census; National Extension Marketing, Committee; Cotton and Cottonseed Research and Marketing Advisory Committee; Educational Advisory Committee, National Cotton Council; Agricultural Advisor, N. C. Bankers Association.

A Mountain Community Moves Forward: Circular 300, N. C. Agricultural Extension Service, 1947
“Economic Implications of Farm and Home Planning Work,” Journal of Farm Economics, No. 5, 1955.
A Price Support Program for Farm Commodities in the U. S. Department of Agricultural Economics, N. C. State College.

*  *  *  *  *  *

DR. B. U. RATCHFORD ‘32
Professor, Duke University

District Price Officer, OPA, 1942-43; Economic Advisor, Military Government in Berlin, 1945-46; Deputy Chief, Office of Program Review, E. C. A. (Paris), 1948; Deputy Chief of Mission and Chief Economist, I. B. R. D. Mission to Turkey, 1950; Director of Research, N. P. A. Committee of the South, 1952-55.

Vice-President, American Finance Association, 1946-47; President, Southern Economic Association, 1952-53; Editor, Southern Economic Journal, 1941-45; Editor, American Economic Review, 1946-49; Medal of Freedom, War Department, 1946; Litt. D., Davidson College, 1957.

American State Debts. 1941;
(Co-author) Berlin Reparations Assignment. 1947
(Co-author) Economic Resources and Policies of the South, 1951.

*  *  *  *  *  *

DR. CHARLES EDWARD RATLIFF, JR. ’55
Chairman, Department of Economics, Davidson College

Aviation Supply Officer, U. S. N., 1945-46

“The Centralization of Government Expenditures for Education and Highways in N. C.,” National Tax Journal, Sept. 1956
“Comment on School Efficiency,” American School Board Journal, July 1956.

*  *  *  *  *  *

DR. WILLIAM D. ROSS ’51
Dean of the College of Commerce, Louisiana State University

Economist, Military Government in Berlin, 1945-46; Duke, 1946-49

(Co-author) Berlin Reparations Assignment, 1947
Louisiana’s Industrial Tax Exemption Program, 1953
“Highway Development and Financing,” Papers and Proceedings, American Economic Association, May 1956.

*  *  *  *  *  *

DR. HOWARD G. SCHALLER ’53
Chairman, Department of Economics, Tulane University

Alabama Polytechnic Institute, 1948-49; University of Tennessee, 1952-53.

“Veterans Transfer Payments and State Per Capita Incomes, 1929, 1939, and 1949,” Review of Economics and Statistics, Nov. 1953
“Social Security Transfer Payments and Differences in State Per Capita Incomes, 1929, 1939, and 1949,” Review of Economics and Statistics, Feb. 1955
“Federal Grants-in-Aid and Differences in State Per Capita Incomes,” National Tax Journal, Sept. 1955

*  *  *  *  *  *

DR. LEONARD S. SILK ’47
Economics Editor, Business Week Magazine

University of Maine, 1947-48; Simmons College, 1948-51; Economist, Housing and Home Finance Agency, Washington, 1951-52; Assistant Economic Commissioner, U. S. Mission to NATO and OEEC (Paris), 1952-54

F. Lincoln Cromwell Fellow, American-Scandinavian Foundation, 1946; Fulbright Scholar to Norway, 1952.

Sweden Plans for Better Housing. 1948
Forecasting Business Trends. 1956
“The Housing Circumstances of the Aged in the U.S.,”Journal of Gerontology, Jan. 1952

*  *  *  *  *  *

DR. WILLIAM J. J. SMITH ’48
Department of Economics, University of California, Los Angeles, 1945-53; LL. D., UCLA, 1957.

*  *  *  *  *  *

DR. ROBERT S. SMITH ’32
Professor, Duke University

Visiting professor: N. C. College, 1940; University of Costa Rica, 1945; Northwestern, 1947; University of San Carlos, 1949; University of North Carolina, 1955-56; University of Buenos Aries, 1956.

Guggenheim Memorial Fellow, 1942; Honorary Professor, University of Costa Rica and University of San Carlos; U.S. Specialist, State Department, 1955, 1956, 1957; Honorary Console, Republic of Guatemala, 1955-

The Spanish Guild Merchant. 1940
“Mill on the Dan: Riverside Cotton Mills, 1882-1901,” Journal of Southern History, February 1955
“The Wealth of Nations in Spain and Hispanic America,” Journal of Political Economy, April 1957.

*  *  *  *  *  *

DR. THOMAS M. STANBACK, JR. ‘54
Assistant Professor, School of Commerce, New York University

University of North Carolina, 1947-55; Research Associate, National Bureau of Economic Research, 1955-56

“Comments,” Papers and Proceedings, American Economic Association, 1957

*  *  *  *  *  *

DR. CHARLES T. TAYLOR ’40
Assistant Vice-president, Research Department, Federal Reserve Bank of Atlanta

Georgia State College for Women, 1938-42

“Population Increase, Municipal Outlays, and Debts,”Southern Economic Journal, April 1943
“Financing of Fishing Vessels by Commercial Banks,” Proceedings, Gulf and Caribbean Fisheries Institute, 1953
“Recession and Economic Growth,” Monthly Review, Federal Reserve Bank of Atlanta, January 1955

*  *  *  *  *  *

DR. ROBERT H. VAN VOORHIS ‘44
Head, Department of Accounting, College of Commerce, Louisiana State University

Duke University, 1941-44; Senior Accountant, Ashlin & Hutchings, 1944-45; Timberlands Accountant, West Virginia Pulp & Paper Co., 1945-49; University of Alabama, 1949-57.

Chairman, American Accounting Association Committee on Internal Auditing Education, 1953-54; National Research Committee of the Institute of Internal Auditors, 1953-54; Chairman, American Accounting Association Committee on Standards of Accounting Instruction, 1955-56

(Co-author) “Cost Control in the U S Air Force,” N.A.C.A. Bulletin, November 1951
“Internal Auditing Courses in American Colleges,” Accounting Review, October 1952 “Operating Reports and Controls,” Accountants’ Handbook(section 4), 1956
How the Smaller Business Utilizes Internal Auditing Functions. 1957

*  *  *  *  *  *

DR. E. S. WALLACE ’37
Professor, Millsaps College

Hendrix College, 1937-39; District Price Executive, Regional Price Economist, and Associate Regional Price Executive, OPA, 1942-46.

Fellow, Case Institute of Economics-in-Action Program, 1950; Fellow, Yale School of Alcohol Studies, 1952; President, Mississippi Association of Collegiate Registrars, 1948-49; President, Mississippi State Council, AAUP, 1957-58

*  *  *  *  *  *

DR. WILLIAM H. WESSON, JR. ’50
Associate Professor, College of Commerce, Louisiana State University

Assistant Supervisor, Merit Examination, State Of North Carolina, 1941-42, 1946; Duke, 1946-48; Head, Department of Economics, University of Chattanooga, 1948-56.

Fellow, Case Institute of Economics-in-Action Program, 1956; President, Adult Education Council of Chattanooga, 1955-56

Negro Employment in the Chattanooga Area, 1954

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DR. W. TATE WHITMAN ’43
Professor, Emory University

Accountant (Durham), 1934-36; The Citadel, 1936-47; Duke, 1939-40

(Co. author) Investment Timing: The Formula Plan Approach, 1953
(Co-author) “Formula Plan and the Institutional Investor,” Harvard Business Review, July 1950
“Liquidation of Partnerships by Installments,” Accounting Review, October 1953

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DR. E. R. WICKER ’56
Assistant Professor, Indiana University

“The Colonial Development Corporation,” The Review of Economic Studies, June 1956
“A Note on Jethro Tull: Innovator or Crank,” Agricultural History, January 1957.

 

Source: Duke University. David M. Rubenstein Rare Book and Manuscript Library. Economists’ Papers Archive. Papers of Lionel W. McKenzie, Box 32, Folder “Personal Correspondence, 1952-1998”

Image Source:  Duke University, 1938. Photographed by Frances Benjamin Johnston. From the Carnegie Survey of the Architecture of the South, Library of Congress Prints and Photographs Division Washington, D.C.