This post is the tenth in a series featuring interviews from the Marlene J. Mayo Oral Histories. Currently, 29 of the oral history transcripts are available online. The remainder are available onsite in the Maryland Room, the reading room for Special Collections and University Archives at the University of Maryland. For other featured oral histories, see this page.
Happy birthday, Raymond Vernon!
Raymond Vernon was interviewed by Marlene Mayo, then Professor of History at the University of Maryland, on November 1, 1979 as part of her project to document the stories, both personal and professional, of Americans who served in Allied Occupied Japan.
Raymond Vernon (September 1, 1913 – August 25, 1999) worked at the Securities and Exchange Commission (SEC) from 1935 to 1946, where he wrote Civil Affairs Guides for the Military on Japan’s capital and securities markets. While employed by the SEC, Vernon was sent to Japan to write a report on anti-trust and de-concentration of economic power with Corwin Edwards. Soon after his return to the U.S. in 1946, he began working for the State Department. He was a member of the Marshall Plan team, worked on the development of the International Monetary Fund, and helped negotiate the inclusion of Japan in the General Agreements on Tariffs and Trade (GATT). In 1959, he began teaching at Harvard University, where he conducted research on multinational corporations and the international economy. He was regarded by some as the father of globalization.