Word: 45a
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Dates: during 1940-1949
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Some students have made the same criticism of the whole field, and propose deeper study of existing trends and conditions to verify theories. Also, the members felt that there was some unnecessary repetition between courses, such as Ec. 45a on Business Cycles and Ec. 41 on Money, Banking and Commercial Crises. Members gave their hearty approval to the staff of teachers, most of whom are deeply absorbed in economics and are active in research. Consequently, the stagnant drill-master is a rare specimen in the Economics Department. Many members hope that Schumpeter can find time for an undergraduate course next...