Smith received his bachelor's degree in electrical engineering from Caltech in 1949, an M.A. in economics from the University of Kansas in 1952, and his Ph.D. in economics from Harvard University in 1955. His Ph.D. thesis title was A theoretical and empirical inquiry into the economic replacement of capital equipment.
smith received his bachelor's degree in electrical engineering from caltech in 1949 an ma in economics from the university of kansas in 1952 and his phd in economics from harvard university in 1955 his phd thesis title was a theoretical and empirical inquiry into the economic replacement of capital equipment