Profile Major Works Resources

Arthur Smithies, 1907-1981

Portrait of A. Smithies

Australian-born Arthur Smithies was a professor of economics at Harvard prominent macroeconomist and pre-eminent expert on fiscal policy in the immediate post-war years. 

Born in Hobart, Tasmania, Arthur Smithies obtained his undergraduate degree in law at the University of Tasmania, and went on as a Rhodes Scholar at Magdalen College, Oxford, obtaining his BA in PPE in 1932.  He proceeded as a Commonwealth fellow to the United States, obtaining his Ph.D. from Harvard in 1934.  After a brief stint as a statistician in Canberra, Smithies returned to the US and joined the faculty at t he University of Michigan in 1938.  In 1943, Smithies entered government service, at the Bureau of the Budget in Washington DC. He moved to Harvard in 1948, where he would remain until his death. 

 

  

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Major works of Arthur Smithies

  • "Wage Policy in the Depression", 1935, Econ Record
  • "Equilibrium in Monopolistic Competition", 1940, QJE
  • "Process Analysis and Equilibrium Analysis", 1942, Econometrica
  • "The Stability of Competitive Equilibrium", 1942, Econometrica
  • "The Behavior of Money National Income under Inflationary Conditions", 1942, QJE
  • "The Quantity of Money and the Rate of Interest", 1943, REStat
  • "Forecasting Postwar Demand, I", 1945. Econometrica
  • "Full Employment in a Free Society", 1945, AER
  • "The American Economy in the Thirties", 1946, AER
  • "National Income as a Determinant of International Policy", 1946, in Studies in Income and Wealth [nber]
  • "Effective Demand and Employment", 1947, in Harris, editor, New Economics
  • "Business Cycle Analysis and Public Policy", 1951, Conference on Business Cycles [nber]
  • "Long-Run Projections and Government Revenue and Expenditure Policies", 1954, in Long Range Economic Projections [nber]
  • The Budgetary Process in the United States, 1955.
  • Economics and Public Policy, 1955.
  • "Economic Fluctuations and Growth", 1957, Econometrica
  • "Productivity, Real Wages and Economic Growth", 1960, QJE
  • "A Conceptual Framework for the Program Budget", 1964, in Program Budgeting.
  • Government Decision-Making and the Theory of Choice, 1964.
  • The Economic Potential of Arab Countries, 1978

 
HET

 
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Resources on Arthur Smithies

 

 
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