Walter S. Measday, Ph.D.

(This was my father's resume,
probably written in 1977,
with post-1976 additions by me.)

Education

College of William and Mary, Sept. 1937-June 1941,

A.B. (Economics), 1941. (Actually, he had dual majors in Economics and Chemistry.)

Duke University Graduate School, Sept. 1941-August 1942,

(Economics), no degree completed. (Drafted; he used to say the Draft Board at Duke had only two classifications: 4F for the football team and 1A for everyone else!)

Massachusetts Institute of Technology, Sept. 1946-June 1950,

Ph.D. (Economics), 1955.
Dissertation: The American Jeweled Watch Industry (MIT Listing; MIT DSpace PDF Download Page)

Principal field: Industrial Organization

Employment

Military service, U. S. Army, October 1942-February 1946.

(89th Service Group's 502nd Engineering Squadron, stationed at North Field on Guam. He was a radar technician servicing the bombers that were bombing Japan; the Air Corps later separated from the Army and became the U. S. Air Force.)

College of William and Mary

Instructor in Economics, Summer Session, 1946.

University of Maryland, Department of Economics

Instructor, 1950-1955;

Assistant Professor, 1955-1962;

Lecturer since September 1962.

Special Tax Study Commission of Baltimore City

Consultant, June 1955-September 1956.

Subcommittee on Antitrust and Monopoly, Committee on the Judiciary, U. S. Senate

Part-time economist, November 1957-June 1962 (two days a week during the academic year and full-time summers, except for the period June 1958-September 1959 when I served full-time on leave from the University of Maryland);

Economist, June 1962-May 1975;

Chief Economist since May 15, 1975.

Publications

Reports (Nos. 1, 2, 3) of the Special Tax Study Commission of Baltimore City,

with A. Alford, 1956.

"Labor's Share in the National Income",

Quarterly Review of Economics and Business, Indiana University Press, August 1962.

"Monopoly and Small Business -- the Case of Bakeries",

Chapter 4 in Estes Kefauver and Irene Till, In a Few Hands. New York, Random House, 1965.

"The Pharmaceutical Industry",

Chapter ? in Walter Adams (ed.), Structure of American Industry. New York, MacMillan, 4th ed. 1970, 5th ed. 1977.

"The Petroleum Industry",

Chapter ? in Walter Adams (ed.), Structure of American Industry. New York, MacMillan, 5th ed. 1977.

Reports of the Senate Subcommittee on Antitrust and Monopoly:

Administered Prices, Steel,

with John M. Blair, E. Wayles Browne, Jr., and Irene Till, 1958.

Administered Prices, Automobiles,

with John M. Blair, E. Wayles Browne, Jr., and Irene Till, 1958.

Administered Prices, Bread,

with John M. Blair, 1960.

Administered Prices, Drugs,

with John M. Blair, E. Wayles Browne, Jr., and Irene Till, 1961.

Prices of Quinine and Quinidine,

with John M. Blair, 1967.

Petroleum Industry Competition Act of 1976,

with Charles Bangert, Henry Banta, and William Kovacic.

Papers and presentations:

"The Feasibility of Divestiture",

Stanford University Institute for Energy Studies, Conference on Oil Industry Divestiture: Effect on Research and Development in Energy, August 20-21, 1976, forthcoming publication.

"The Case for Vertical Divestiture",

in Capitalism and Competition: Oil Industry Divestiture and the Public Interest, Proceedings of the Johns Hopkins University Conference on Divestiture, Baltimore: Johns Hopkins Press, 1976.

"Divestiture in the Oil Industry",

UCLA Graduate School of Management, conference in July 1976, forthcoming publication.

"Potential Petroleum Industry Legislation",

American Society of Government Economists, Atlantic City, September 1976.

"The Outlook for Oil Company Divestiture",

presentation to the Washington Society of Investment Analysts, Washington, D. C., November 30, 1976. Published in The Wall Street Transcript, January 10, 1977.

Statement on the failure of oil companies to produce to capacity on the Gulf Coast OCS,

presented to the Subcommittee on Antitrust and Monopoly, U. S. Senate, September 23, 1975, in Hearings on S. 2387, Part 1, pp. 51-73.

"Oil Companies' Entry into Nuclear Energy Field",

Subcommittee on Antitrust and Monopoly, Hearings on Economic Concentration, Part 8, 1970, pp. 5267-5269.

"History of Federal Cooperation with the Petroleum Industry",

Subcommittee on Antitrust and Monopoly, Hearings on Government Intervention in the Market Mechanism: Petroleum, Part 1, 1969, pp. 578-599.

"Technical Problems in the Measurement of Overall Concentration",

Subcommittee on Antitrust and Monopoly, Hearings on Economic Concentration, Part 1, 1964, pp. 383-387.

Post-1976 publications:

"Divestiture"

statement and panel discussion on "Divestiture - Competition or Nationalization" at the Fifty-Sixth Annual Convention of the Gas Processors Assocation, March 21-23, 1977.

"Government Involvement With Mineral Industry Structure",

opening remarks and panel discussion from Mineral Policies in Transition, proceedings of the 1977 AIME Mineral Economics Symposium, November 8-9, 1977.

"General Comments",

from the Oil Pipeline Symposium, January 30, 1979, Washington, D.C. Published by the U.S. Department of Energy, Energy Information Administration in October 1980, DOE/EIA-0247.

"Structural Issues - Commentary",

from Oil Pipelines and Public Policy: Analysis of Proposals for Industry Reform and Reorganization, proceedings of a conference sponsored by the American Enterprise Institute for Public Policy Research, 1979, edited by Edward J. Mitchell.

Presentation at a workshop on mergers and economic efficiency,

March 27, 1980, Washington, D.C. Published by the U.S. Department of Commerce in Mergers and Economic Efficiency, Volume 1, Proceedings and Supplementary Papers, November 1980.

"S. 1246: The Oil Windfall Profit Acquisition Act"

(Preliminary Study)