Guide to the Arthur I. Bloomfield Papers, 1927-1995
The papers of university professor and economist Arthur Bloomfield span the period from 1927 to 1995. They consist chiefly of research files from his job as economist at the Federal Reserve Bank of New York, 1941-1958, professional and academic correspondence received or written from 1931 to 1995, research notes on various topics in international finance, notes for his university classes on the history of economic thought, and research files on the pre-1914 gold standard. The papers document Bloomfield's career as economist and professor of economics, with special emphasis on his work as economic consultant for the United States federal government, particularly for the New York Federal Reserve Bank, and for the governments of post-World War II South Korea and Indochina. His chief areas of research activity focused on international banking, evaluating foreign aid programs, the pre-1914 gold standard, and economic development in the U.K. and British Commonwealth countries (including the British West Indies), and economy and banking in Malaysia, Kuala Lumpur, the Congo, and Zaire. Substantial materials on the history of economic thought can be found in Bloomfield's teaching files. The collection is comprised of six series: Correspondence Series, Incoming and Outgoing; Federal Reserve Bank of New York Series; Pre-1914 Gold Standard Series; History of Economic Thought Series; Research Files Series; and Miscellaneous Series.
The Correspondence Series, Incoming and Outgoing, contains letters received or written by Bloomfield over the period 1931 to 1995. Arranged in folders chronologically, this substantive collection of letters lends insight into Bloomfield's professional and academic life.
The Federal Reserve Bank of New York Series contains material pertaining to Bloomfield's first career, spanning 17 years, as an economist at the New York Federal Reserve Bank. For that position he wrote a number of research memoranda and in-house articles on a wide range of international finance topics. Before World War II he wrote mostly on economic developments in the U.K. and British Commonwealth countries, but after the war his research memoranda involved a broader range of topics.
The Pre-1914 Gold Standard Series contains research notes for an intended book on the functioning of the international gold standard, 1880-1914. Bloomfield embarked on a year-long research trip to Europe in 1957 on a Rockefeller grant, visiting twelve European central banks, including the Bank of England where he spent over six months. In the end, he did not complete the book, but did write three substantial monographs from his notes: Monetary Policy under the International Gold Standard, 1880-1914 (Fed. Reserve Bank NY, 1959); Short-term Capital Movements under the Pre-1914 Gold Standard (Princeton Univ. Press, 1963); and Patterns of Fluctuation in International Investment before 1914 (Princeton Univ. Press, 1968). Although these books are not in the collection, this series contains one file folder for many countries or geographical areas, including: Switzerland, U.S.A., Sweden, Norway, Italy, Australia, New Zealand, South Africa, India, Egypt, France, Canada, U.K., Japan, Germany, Finland, Denmark, Russia, Belgium, Netherlands, Austria, and Hungary.
The History of Economic Thought Series is an extensive collection of files on diverse topics in the history of economic thought. After 1974 Bloomfield's research became increasingly devoted to the history of economic thought, and he taught both graduate and undergraduate level classes on the subject at the University of Pennsylvania.
The Research Files Series contains research notes associated with various overseas assignments and trips. Over the period 1949-1984, Bloomfield made numerous trips to developing countries as a consultant, in some cases helping to establish the Central Bank (e.g. South Korea), or in other cases evaluating foreign aid programs to those areas (e.g. Indochina). In addition to notes made in preparation for, and during, these assignments, this series also contains notes for several articles (published and unpublished), speeches, and conferences.
The bulk of the Miscellaneous Series consists of papers from Bloomfield's undergraduate days at McGill University, including one paper written in 1937 for Frank Knight's ECO 305 class at the University of Chicago, titled Thorstein Veblen and his Analysis of Business Enterprise.
- Collection Number
- Arthur I. Bloomfield papers
- Bloomfield, Arthur I. (Arthur Irving)
- 12 Linear Feet, 7200 Items
- David M. Rubenstein Rare Book & Manuscript Library
- Correspondence Series, Incoming and Outgoing, 1931-1995
- Federal Reserve Bank of New York Series, 1941-1958
- Pre-1914 Gold Standard Series, 1945-1966 and undated -
- History of Economic Thought Series, 1974-1985 and undated
- Research Files Series, 1940-1992 and undated, (bulk 1948-1983)
- Miscellaneous Series, 1927-1992 and undated
Collection is open for research.
Researchers must register and agree to copyright and privacy laws before using this collection.
All or portions of this collection may be housed off-site in Duke University's Library Service Center. The library may require up to 48 hours to retrieve these materials for research use.
Please contact Research Services staff before visiting the David M. Rubenstein Rare Book & Manuscript Library to use this collection.
The copyright interests in this collection have not been transferred to Duke University. For more information, consult the copyright section of the Regulations and Procedures of the David M. Rubenstein Rare Book & Manuscript Library.
Includes all correspondence received by and written by Professor Bloomfield concerning academic and other professional matters. Arranged in chronological order.
Contains Bloomfield's research memoranda (short papers or articles which he wrote on a diverse range of topics) and reports written for his job as an economist with the Federal Reserve Bank of New York.
Contains material for Bloomfield's intended book on the functioning of the international gold standard.
This series contains class lectures, readings, and other teaching materials on the history of economic thought. Arranged in original random order.
Notes relating to overseas assignments, publications, and various other professional activities. Arranged in rough chronological order.
Contains Bloomfield's undergraduate work at McGill University, including term papers, papers written for his extracurricular clubs, and speeches. Also contains a paper written in graduate school at the University of Chicago. Additional miscellaneous files include reprints of articles by Jacob Viner and obituaries of colleagues. Arranged in original random order.
|1914, Oct. 2||
Born Arthur Irving Bloomfield in Montreal, Canada.
Entered McGill University on scholarship after graduating first out of 900 students in the Province of Quebec high school leaving examinations.
B.A. (Economics and Political Science), McGill University.
M.A. (Economics and Political Science), McGill University. Thesis: Canadian Wheat Marketing Policy, 1929-1936.
Research Assistant to Prof. Oskar Morgenstern, Princeton University. Collected and analyzed international financial data for major industrial countries before 1914 and in the 1920s.
Federal Reserve Bank of New York: Economist, Research Dept. 1941-47; Chief of Balance of Payments Division, 1947-53; Senior Economist, 1953-58.
Ph.D. (Economics), University of Chicago.
Consultant to Foreign Economic Administration, Washington, D.C.
Acquired U.S. Citizenship.
|1949, Sept.-1950, Mar.||
Advisor, Bank of Korea and Korean Ministry of Finance, Seoul, South Korea, on behalf of the Economic Cooperation Administration.
Publication of Capital Imports and the American Balance of Payments, 1934-39 (University of Chicago Press), based on doctoral dissertation.
|1951, Dec.-1952, Apr.||
Financial Advisor, United Nations Civil Assistance Command and the United Nations Korean Reconstruction Agency, in Pusan, South Korea.
Member, four person team sent to the Associated States of Indochina by the Mutual Security Administration to evaluate U.S. foreign aid program to that area.
Senior Economist, Professional Staff of the (Randall) Commission on Foreign Economic Policy, U.S. Government, Washington, D.C.
|1954, Oct.-1955, Jan.||
Consultant, U.S. Foreign Operations Administration, Indochina.
|1956, Nov. and 1960, Aug.||
Consultant, International Cooperation Administration, in Seoul, South Korea.
Year-long research trip visiting 12 European central banks (six months at Bank of England) on a Rockefeller grant, conducting research on the international gold standard before 1914.
Professor of Economics, University of Pennsylvania.
Published Monetary Policy under the International Gold Standard, 1880-1914 (Fed. Reserve Bank NY).
Consultant, Institute of Social and Economic Research, University College of the West Indies, Jamaica and Trinidad.
Published Short-term Capital Movements under the Pre-1914 Gold Standard (Princeton Univ. Press).
Consultant, Central Bank of Malaysia, Kuala Lumpur, on behalf of the Ford Foundation.
|1966, Aug.-Sept. and 1967, June||
Consultant, U.S. Agency for International Development, in the Democratic Republic of Congo.
Published Patterns of Fluctuation in International Investment Before 1914 (Princeton Univ. Press).
Research in London for article Adam Smith and the Theory of International Trade.
Member, Managing Board of Editors, Journal of Post Keynesian Economics.
Professor Emeritus of Economics, University of Pennsylvania.
|1998, Oct. 6||
Died in Washington, D.C.
- Banks and banking -- Congo (Democratic Republic)
- Banks and banking -- West Indies
- Banks and banking -- England
- Banks and banking -- South Korea
- Bloomfield, Arthur I. (Arthur Irving)
- Bloomfield, Arthur I. (Arthur Irving)
- Economists -- United States -- Correspondence
- Economic assistance, American-Indochina
- Economists -- Correspondence
- Economic history
- Federal Reserve Bank of New York
- Gold standard -- History
- International finance
- United States. Army. Korea Civil Assistance Command
[Identification of item], Arthur I. Bloomfield Papers, David M. Rubenstein Rare Book & Manuscript Library, Duke University.
The papers of Arthur I. Bloomfield, economist and university professor, were received by the Special Collections Library as a gift from Professor Bloomfield in 1996. Funding for the processing of this collection was provided by Professor Bloomfield.
Processed by Joanna Vinluan and Paula Jeannet Mangiafico
Completed November 29, 1999
Encoded by Paula Jeannet Mangiafico