Age, Biography and Wiki

Walter Galenson was born on 5 December, 1914 in New York City, is an American economist. Discover Walter Galenson's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 85 years old?

Popular As N/A
Occupation N/A
Age 85 years old
Zodiac Sign Sagittarius
Born 5 December, 1914
Birthday 5 December
Birthplace New York City
Date of death 30 December, 1999
Died Place N/A
Nationality United States

We recommend you to check the complete list of Famous People born on 5 December. He is a member of famous economist with the age 85 years old group.

Walter Galenson Height, Weight & Measurements

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Dating & Relationship status

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Walter Galenson Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Walter Galenson worth at the age of 85 years old? Walter Galenson’s income source is mostly from being a successful economist. He is from United States. We have estimated Walter Galenson's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
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Source of Income economist

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Timeline

1934

He received his bachelor's degree in 1934, his Master of Science in 1935 and his Ph.D. in 1940—all from Columbia University.

During World War II, Galenson was an economist United States Department of War.

1942

He was the principal economist for the department from 1942 to 1943.

1943

He then became principal economist at the Office of Strategic Services (the forerunner to the CIA) from 1943 to 1944.

1945

After the war, Galenson was a labor attaché at the American embassies in Norway and Denmark from 1945 to 1946.

1946

Galenson received an appointment as an assistant professor of economics at Harvard University in 1946.

1950

In the late 1950s and early 1960s, he directed a large research project, financed by the Ford Foundation, on the economic development of the Chinese economy—one of the first studies of the modernization of the Chinese economy and its effect on surrounding nations.

Galenson promoted the view that the Taft-Hartley Act and the anti-communism of the 1950s sundered the coalition labor had with political leftists, and contributed significantly to the decline of the labor movement.

The view, controversial at the time, is widely adopted today.

Galenson is also one of the few labor historians to study the history of the American labor movement in the post-AFL-CIO merger era.

In 1950, Galenson was named a Fulbright fellow.

1951

He left Harvard in 1951 to teach economics at the University of California, Berkeley, where, from 1957 to 1961, he was chair of the Center for Chinese Studies.

1954

In 1954, he was awarded a Guggenheim Fellowship in economics.

Galenson was a member of the American Philological Association.

1960

His 1960 book, The CIO Challenge to the AFL: A History of the American Labor Movement, is still cited as one of the fundamental works in the field.

1961

Galenson became increasingly active in labor and Third World economic development issues, and from 1961 to 1971, he served as a consultant to the International Labour Organization (ILO).

1964

His 1964 book, The Quality of Labour and Economic Development in Certain Countries: A Preliminary Study, was a pioneering study of how the living conditions of people in the Third World affected economic development in industrialized nations.

Galenson was also internationally recognized as an expert on trade unionism and economics in Scandinavia.

However, Galenson's work as a labor historian was significant.

1965

He left Berkeley in 1965, one of many prominent academics who left after being accused of being too conservative, and took a position as a visiting professor of economics at Cornell University.

1966

In 1966, Galenson joined the faculty at Cornell permanently as a professor of economics; in 1976, he was appointed Jacob Gould Schurman Professor of Economics.

1970

In 1970, Galenson spent an academic year as Pitt Professor of American History and Institutions at Cambridge University in the United Kingdom.

He was the first non-historian to hold the post.

1971

While teaching at Cambridge, he was awarded a second master's degree in 1971.

From 1971 to 1972, Galenson served as a consultant in economic development to the government of Indonesia.

1972

He served as the U.S. delegate to the ILO in 1972 and again in 1976.

1973

He was also a member of the Association for Comparative Economic Studies, and served as that organization's president in 1973.

1974

In 1974, Galenson was appointed a visiting professor of economics at University of Gothenburg, Sweden.

He married, and he and his wife Marjorie (also a professor of economics) had a son, David Galenson, and two daughters.

1981

His 1981 study of the U.S. policy toward the International Labour Organization remains the most valuable work on that topic.

1996

His 1996 work, The American Labor Movement, 1955–1995, covers the AFL-CIO's efforts in the 1960s, 1970s, and 1980s—a largely neglected period of labor history.

1999

Walter Galenson (1914 – December 30, 1999) was a professor of economics at Cornell University and a noted U.S. labor historian and economist.

Galenson retired from teaching in 1990, and died in his sleep on December 30, 1999, in Washington, D.C.

Galenson's research focused on labor history, comparative labor studies, labor economics, and the economics of development in emerging markets.

Galenson's primary reputation was based on his work in comparative labor economics.

He made the first serious study by a Westerner of labor productivity in the Soviet Union.