Joseph D. Reid, Jr., associate professor of economics, received his M.B.A. in Finance (1965) and M.A. (1970) and Ph.D. (1974) in economics from the University of Chicago. In 1972, he received an Honorary M.A. from the University of Pennsylvania. When not in school, he was an insurance company executive and a commissioned officer in the Public Health Service. Professor Reid has taught economics at the University of Pennsylvania, the University of Chicago, Southern Methodist University, Virginia Polytechnic Institute, and George Mason University. He has published extensively on the economic history of the agricultural South and on labor unions in the private and the public sectors. He also has published models and analytical explanations of political change, economic development, and the transactions demand for money. Currently, Professor Reid is completing a monograph on the evolution of public employment in the United States and a collection of articles and essays on economic development.