Bachelor of Science, Central Normal College, Danville, 1910, Bachelor of Arts, 1911, Bachelor of Laws, 1911. Bachelor of Arts, Indiana State University, 1915, American, 1917. Graduate study, University of Illinois, 1920, Harvard, 1921.
Master of Laws, St. Louis University, 1922, Juris Doctor, 1923. Doctor of Philosophy., Brookings Institution, 1924.
Admitted to Indiana bar. 1911, and practiced in Danville, 1910-1911. Instructor in economics University of Illinois, 1920.
Professor of economics, Washington University, St. Louis, since 1947. Research economist with Federal Trade Commission, Washington, 1923-1924.