Herschel I. Grossman was born in Philadelphia on 6 March 1939. After receiving his B.A. from the University of Virginia and B. Phil from Oxford, he pursued a Ph.D. from Johns Hopkins University. In 1964, Grossman joined Brown University's economics faculty. He was appointed Merton P. Stoltz Professor in the Social Sciences in 1980. Grossman was a Guggenheim Fellow and a Visiting Scholar at the Russell Sage Foundation. He served on the editorial boards of several journals, including the
Public Appropriation of Property Upon Death (Honors thesis).
Undergraduate papers: Revenues and Expenditures in a Fiscal Program; The Plea for a Stable Price Rule--an Untenable Position; The Trap; The Case for Intervention; The Right Amount of Money Doctrine; The Quantity Theory--A Theoretical Exercise; Towards a More Effective Foreign AID Program; Eternal Economics and Government Intervention; Two Uses of the Concept of Equilibrium; The Road to Security; The Road to Full Employment--Strengthening the Beveridge Argument; Reevaluating Stagnation; Too Much of the Wrong Things; Commercial Loan Theory in the Federal Reserve System.
Oxford Papers: Intervention the Forward Exchange Market; Dealing with Inflation; Intervention in the Foward Exchange Market; On Fluctuating Exchange Rates; Disequilibrium with Fixed Exchange Rates; The Basis and Significance of Welfare Propositions; Kaldor on Distribution; The Concept of the Keynesian Income Multriplier and its Monetary Mechanics; Distribution and Growth; Welfare Criteria and Public Expenditure Policy; Intervention in Industry; Government Intervention in Agriculture.
Dissertation: Public Assets and Liabilities in a Macro-Economic Model (Johns Hoipkins University, 1965).
Professor G.W. Nutter
Prof. J.R. Schlesinger
I. Money and Banking, tutorial, Fall 1958 (Professor J.R. Schlesinger). II. Monetary and Fiscal Policy, Spring 1959 (Professor J.R. Schlesinger).
Is Wage Response Asymmetrical?; Indexation of the Minimum Wage with Rational Expectations; Public Debt, Public Assets, and Public Policy for Growth; Estimation of a Dynamic Macro-Economic Model; The Appropriate Timing of Monetary Policy; The Relative Importance of Commerical Bank Behavior.
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Herschel Grossman Papers, OF-1UF-G5, Brown University Library.