Johns Hopkins University: Launching Pad for my Fifty Years as a Professional Economist

This month, I am celebrating—if that’s the right word—an especially important milestone in my life. In May 1968, exactly fifty years ago, I was putting the finishing touches on my work for the Ph.D. degree in economics at the Johns Hopkins University. Among other things, my dissertation had to be typed in the exact form prescribed for a copy to be deposited in the Hopkins library.
I also had to defend my dissertation before a committee that consisted of the two members of my oversight committee, H. Louis Stetler III and Edwin S. Mills; another member of the department of political

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