Richard H. Lansburgh
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Richard Hines Lansburgh (September 26, 1893''The Pennsylvania Manual,'' Department of Property and Supplies for the Commonwealth of Pennsylvania, 1926. page 50 - 1942) was an American
economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...
, management consultant, and Professor of Industry at the University of Pennsylvania's Wharton School, known for his work in the field of
industrial management In economics, industrial organization is a field that builds on the theory of the firm by examining the structure of (and, therefore, the boundaries between) firms and markets. Industrial organization adds real-world complications to the perfe ...
.


Biography

Lansburgh was born and raised in
Washington, D.C. ) , image_skyline = , image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Logan Circle, Jefferson Memorial, White House, Adams Morgan, ...
, and studied economics at the
University of Pennsylvania The University of Pennsylvania (also known as Penn or UPenn) is a private research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest-regarded universitie ...
. There in 1915 he obtained his Bsc in economics, and in 1916 his MA, and in 1918 his PhD in
Political Economy Political economy is the study of how Macroeconomics, economic systems (e.g. Marketplace, markets and Economy, national economies) and Politics, political systems (e.g. law, Institution, institutions, government) are linked. Widely studied ph ...
with a thesis entitled "Labor turnover." In 1915 Lansburgh had started his life-long academic career at the
Wharton School of the University of Pennsylvania The Wharton School of the University of Pennsylvania ( ; also known as Wharton Business School, the Wharton School, Penn Wharton, and Wharton) is the business school of the University of Pennsylvania, a Private university, private Ivy League rese ...
, only interrupted by
World War I World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, the United States, and the Ottoman Empire, with fightin ...
. From 1917 to 1919 he served in the Ordnance Corps of the United States Army. He started out as First Lieutenant, and got promoted to the rank of Captain and of Major. Back at the Wharton School he was assistant professor from 1919 to 1921, and Professor of Industry until his retirement in the late 1930s. Furthermore, Lansburgh served as director of the Pennsylvania Economy League of Southwestern Pennsylvania; as Secretary at the Labor and Industry Commonwealth of Pennsylvania since his appointment by Gifford Pinchot in 1924; as Industrial Officer; at the First National Bank of Detroit, management consultant and management author.


Work

Lansburgh is particularly known for his seminal work in industrial engineering, particularly with the publication of his 1923 book ''Industrial Management''. The text is designed not to make any original contribution, but to create an overview of the field. In the introduction to the 3rd edition he explained the work as: :"... A conscious effort has been made to present what appears to the authors to be a sound philosophy of management, which may be summarized as a balanced relationship between the equities of the consumer, labor, owners of capital, management, and organized society or government. Any deviation from this approach has been a question of interpretation, not intent." The work itself consists of seven parts.


Reception

The author of ''Yardsticks of Management'' (1946) remembered Lansburgh for his outstanding opinion about those matters. Lansburgh in 1930 had argued: :"Is there a definite policy for the maintenance of the skill and good-will of the workers? Fine! But we must be much more definite. I went in a plant two weeks ago and got a new figure for maximum labor turnover. This company had been turning its entire working force over 100 per-cent each month for a period of a year. They had a 1200 per-cent turnover per annum, and some folks were wondering why they had not been more successful. That, or the conditions which caused it, is much more deeply rooted than an attempt to maintain the good-will of the workers. For one thing, that company probably holds the world's record for rate-cutting. I asked the general superintendent if they ever changed rates and got this reply: "Oh, yes, we are changing rates all the time. Whenever a man gets more than we think he should, we cut his rate." He told me that as though it would demonstrate to me how good he was. All these very fundamental things are the things you have to know. Of course, good-will will spring out of these fundamentals, and I assume that was implied. I am just trying to show you the things I feel you have to know in detail if you are going to establish any sort of a balance sheet of management..."Taylor Society (1930), ''Bulletin of the Taylor Society.'' Volume 15-16, page 52; partly cited in ''Yardsticks of Management,'' (1946, page 141)


Selected publications

*Lansburgh, Richard Hines.
Industrial Management
'' John Wiley & Sons, Incorporated, 1923; 2nd revision ed, 1928
3rd ed.
with William R. Spriegel, 1940. ;Articles, a selection *Lansburgh, Richard H. "Industrial Fact: Finding as a Function of Government." ''Proceedings of the Academy of Political Science'' 13.1 (1928): pages 14–19. *Lansburgh, Richard H. "Recent Migrations of Industries in the United States." ''The Annals of the American Academy of Political and Social Science'' 142.1 (1929): pages 296–301. *Lansburgh, Richard H. "United States Department of Commerce Standards Yearbook, 1929". Pages vi, 401. The Annals of the American Academy of Political and Social Science 145.1 (1929): page 211.


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Richard H. Lansburgh
{{DEFAULTSORT:Lansburgh, Richard H. 1893 births 1942 deaths 20th-century American economists American organizational theorists University of Pennsylvania alumni Wharton School of the University of Pennsylvania faculty People from Washington, D.C.