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Professor of economics at University of Michigan, member of the President's Council of Economic Advisors, 1968-1969. Professional files, manuscripts of writings, notebooks of lecture notes, and other materials relating to the Council of Economic Advisors; and photographs.

The Smith papers consist of professional files, manuscripts of writings, notebooks of lecture notes, and other materials relating to the Council of Economic Advisors; and photographs. The papers are organized in ten series of material covering the period of his education and professional career, approximately 1940-1972. These series are: Personal / Biographical; Student notebooks and papers, 1940-1952; Teaching Materials; Printed writings; Unpublished papers; Student files; Correspondence; Papers and Conferences, circa 1952-1972; Council of Economic Advisors, 1961-1969; and Committees, conferences, and study groups.