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Guide to the Arthur I. Bloomfield Papers, 1927-1995

Collection Overview

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."

Descriptive Summary

Title
Arthur I. Bloomfield papers, 1927-1995
Creator
Bloomfield, Arthur I.
Extent
12 Linear Feet, 7200 Items
Repository
David M. Rubenstein Rare Book & Manuscript Library, Duke University
Location
For current information on the location of these materials, please consult the Library's online catalog.
Language
English.

Administrative Information

A majority of collections are stored off site and must be requested at least 48 business hours in advance for retrieval. Contact Rubenstein Library staff before visiting. Read More »

warning Access Restrictions

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.

warning Use Restrictions

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.

Contents of the Collection

Includes all correspondence received by and written by Professor Bloomfield concerning academic and other professional matters. Arranged in chronological order.

Incoming, 1931-1995 (51 folders)
Box 1
Outgoing, 1944-1948 (5 folders)
Box 1
Outgoing, 1949-1995 (46 folders)
Box 1
Outgoing, 1949-1995 (46 folders)
Box 2

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.

Research Memoranda, 1941-1944 (7 folders)
Box 2
Research Memoranda, 1944-1958 (21 folders)
Box 3A-3B

Contains material for Bloomfield's intended book on the functioning of the international gold standard.

One file folder each on: Switzerland, U.S.A., Sweden, Norway, Italy, Australia- New Zealand, South Africa, India, Egypt and miscellaneous European and Far Eastern Countries ( ca. 1957-1966)
Box 3B-3C
One file folder each on: France, Canada, United Kingdom, Japan, Germany, Finland, Denmark, Russia, Belgium, Netherlands, Austria, Hungary Bibliography, undated
Box 4
Oversize materials on Cananda
Oversize Folder 1
Oversize materials: Readings and Statistics
Oversize Folder 1
Summary Country Notes, ca. 1958
Box 4
Pre-1914 Short-term Capital Movements, 1957-1962
Box 4
Some general readings on the Gold Standard especially before 1914, 1945-1958
Box 4

This series contains class lectures, readings, and other teaching materials on the history of economic thought. Arranged in original random order.

Classical economists in general, undated
Box 4
Physiocrats and Turgot, undated
Box 4
David Ricardo
Box 4
J. S. Mill and J. E. Cairns, undated
Box 4
Marxist Economics
Box 4
Senior, Say, Bentham, undated
Box 5
The Austrians: Menger, Bohm-Bawerk, Wierser, undated
Box 5
Thomas Malthus and Lord Lauderdale, undated
Box 5
Historical School and Institutionalists, undated
Box 5
Gevons and the Marginal Revolution
Box 5
Walras and Pareto, undated
Box 5
Alfred Marshall, undated
Box 5
Cournot, Gossen, Dupont, von Thunen
Box 5
Wicksell, Schumpeter, Fisher. . ., undated
Box 5
J.B. Clark and Marginal Productivity, undated
Box 5
19th C. British Views on Trade and Growth, undated (8 folders)
Box 5
Notes and Readings on article " Adam Smith and Theory of International Trade," undated
Box 5
Ancients and Schoolmen, ca. 1983
Box 5
Mercantilists and Galiani, Hume, Cantillon, Pelty, Buisguilbaert, Stewart, ca. 1983
Box 5
Adam Smith, ca. 1985
Box 5
Some readings and notes on class lecture in the Theory of International trade, Part II, ca. 1975
Box 5
Some readings on Class Lectures in International Monetary Economics, ca. 1983
Box 5
Some lectures on History of Economic Thought, ca. 1980
Box 5
Some Lectures on History of Economic Thought, ca. 1980
Box 6
English Theories of Trade and Growth, 1700-1800, ca. 1983
Box 6
19th C. British views on Emigration, Colonization, and Trade, ca. 1983
Box 6
19th Century French theories on Foreign Trade (and Bibliography), ca.1983 (4 folders)
Box 6
Viner and Keynes and Macroeconomics, ca. late 1970s
Box 6
Class Reading Lists and Examinations, 1974-1981
Box 6

Notes relating to overseas assignments, publications, and various other professional activities. Arranged in rough chronological order.

Report on the Congolese Zairian Monetary Reform, 1967 June
Box 6
Work as an Assistant to Oskar Morgenstern on his National Bureau
Box 6
Project on the Gold Standard, 1940 Sept.-1941 Nov.
Box 6
Trip to London and Paris for Federal Reserve Bank of N.Y., 1948 Apr.-May
Box 6
Memoranda Prepared for U.N. Civil Assistance Command, Korea and U.N. Reconstruction Agency, 1951 Dec.-1952 Mar. (Pusan, Korea)
Box 6
Misc. Memoranda of Federal Reserve Bank N.Y., 1948-1956, 1950-1956
Box 6
Notes on two Trips to S. Korea, 1949-1950, 1951-1952
Box 6
Answers to Questions Submitted by the Bank of Korea, Pusan, 1952, 8 Feb.
Box 6
Some Notes on my Work with the Randall Commission, 1953
Box 6
Paper delivered at NYU, "We Live in the World: An Analysis of International Balance of Payments Problems, Foreign Investment and Foreign Aid," 1953 Oct.
Box 6
Missions to Indochina (Member of Wilbur Commission of 1953)
Box 6
Assignments in the British West Indies and Colonial Monetary Systems, 1960-1961
Box 6
Discussion at Meeting of Association for Asian Studies, 1963
Box 6
Notes on Monetary Targeting (in connection with 1963 unpublished report on Malaysia)
Box 6
Country Summary Notes on my Princeton Study, No. 21, 1968
Box 6
Notes and Readings on my trade-theory survey article in the Annals 1969
Box 6
Report to Wilbur Commission on foreign aid to the Associated States of Cambodia, Laos, and Vietnam, 1953
Box 6
Fund Report on trip to England and France for Federal Reserve Bank of N.Y., 1948
Box 6
Notes on Speeches at NYU, Cornell, Waterloo, University of Melbourne, 1972
Box 7A
Official intervention in the foreign exchange market (notes for State Dept. Report), 1973-1977
Box 7A
Claremont Monetary Conference, 1978 October
Box 7A
Speech on Korea (with notes) before Tuesday Korean Luncheon Meeting at Library of Congress, 1988, 19 Apr.
Box 7A
Miscellaneous (from notes on Jacob Viner), 1972-1992
Box 7A
Central Banks and the State, 1979-1983
Box 7A
Memoranda written for Foreign Economic Administration and Federal Reserve Board, 1944-1945
Box 7A
Short-term Capital Movements before 1914: Notes on Princeton study ( ca. 1963)
Box 7A
Notes and some statistics on my Princeton Study #21 (1968)
Box 7A
Long Cycles in Foreign Investment before 1914 (Princeton Study #21), 1968
Box 7B
Marxism and Foreign Trade: Notes on an Uncompleted Project, ca. 1970
Box 7B
My comments about and notes on Bologna Conference, 1971
Box 7B

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.

"The Economic Crisis and Commission Government in Newfoundland," 1935
Box 7B-8
The Single Tax: A Study in the Economics of Dissent, 1935
Box 7B-8
"The Bretton Woods Agreements," ca. 1943-1944, for Hillel Club
Box 7B-8
Progress Already Made Towards World Recovery, 1934, for McGill Political Economy Club
Box 7B-8
"What Can We Do for the Maritime Provinces?," 1935, written for McGill Political Economy Club
Box 7B-8
"The Allegory in the First Book of the Fairie Queene by Edmund Spenser," undated
Box 7B-8
The Canadian Wheat Problem, 1936
Box 7B-8
The Pluralistic Revolt in Politics, 1935
Box 7B-8
" Thorstein Veblen and his Analysis of Business Enterprise," 1937 (written for Frank Knight's ECO 305 class at U. of Chicago)
Box 7B-8
Reprints of articles on deaths of prominent economists, 1973-1992
Box 7B-8
Sidney Weintraub's CV, 1977-1979
Box 7B-8
Sidney Weintraub's memorial service, 1983
Box 7B-8
Reprints of some articles of Jacob Viner, 1927-1962
Box 7B-8
Term papers and speeches from McGill and University of Chicago, 1933
Box 7B-8

Historical Note

DateEvent(s)
1914, Oct. 2Born Arthur Irving Bloomfield in Montreal, Canada.
1931Entered McGill University on scholarship after graduating first out of 900 students in the Province of Quebec high school leaving examinations.
1935B.A. (Economics and Political Science), McGill University.
1936M.A. (Economics and Political Science), McGill University. Thesis: Canadian Wheat Marketing Policy, 1929-1936.
1940, Autumn-1941Research Assistant to Prof. Oskar Morgenstern, Princeton University. Collected and analyzed international financial data for major industrial countries before 1914 and in the 1920s.
1941-1958Federal Reserve Bank of New York: Economist, Research Dept. 1941-47; Chief of Balance of Payments Division, 1947-53; Senior Economist, 1953-58.
1942Ph.D. (Economics), University of Chicago.
1944-1945Consultant to Foreign Economic Administration, Washington, D.C.
1945Acquired 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.
1950Publication 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.
1953, Feb.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.
1953, AutumnSenior 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.
1957-1958Year-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.
1958-1985Professor of Economics, University of Pennsylvania.
1959Published Monetary Policy under the International Gold Standard, 1880-1914 (Fed. Reserve Bank NY).
1961, Jan.Consultant, Institute of Social and Economic Research, University College of the West Indies, Jamaica and Trinidad.
1963Published Short-term Capital Movements under the Pre-1914 Gold Standard (Princeton Univ. Press).
1964, Sept.-Dec.Consultant, Central Bank of Malaysia, Kuala Lumpur, on behalf of the Ford Foundation.
1966, Aug.-Sept. and 1967, JuneConsultant, U.S. Agency for International Development, in the Democratic Republic of Congo.
1968Published Patterns of Fluctuation in International Investment Before 1914 (Princeton Univ. Press).
1974-1975Research in London for article Adam Smith and the Theory of International Trade.
1978-1998Member, Managing Board of Editors, Journal of Post Keynesian Economics.
1985-1998Professor Emeritus of Economics, University of Pennsylvania.
1998, Oct. 6Died in Washington, D.C.

Subject Headings

Preferred Citation

[Identification of item], Arthur I. Bloomfield Papers, David M. Rubenstein Rare Book & Manuscript Library, Duke University.

Provenance

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.

Processing Information

Processed by Joanna Vinluan and Paula Jeannet Mangiafico

Completed November 29, 1999

Encoded by Paula Jeannet Mangiafico

This finding aid is NCEAD compliant.