FRITZ MACHLUP TO REPLACE HABERLER IN SECOND HALF

Fritz Machlup, professor of Economics at the University of Buffalo, an authority on monetary problems and business cycles, will be Visiting Lecturer here during the second half-year, it was announced today.

Professor Machlup will fill the place of Gottfried Haberler, professor of Economics, who will be on leave of absence for research, Dr. Haberler will make a study of instalment selling and its relation to economic stability, under the auspices of the National Bureau of Economic Research. He will remain in Cambridge.

Professor Machlup, who was Lecturer on Economics here three years ago, will take Professor Haberler's place in courses on international trade and business cycles. He received the degree of Doctor Rerum Politicarum from the University of Vienna in 1923.

Gottfried Haberler, Ph.D., J.U.D., is an associate professor of Economics and tutor in the Division of History, Government and Economics.