 He was a recipient of the coveted Julius Rosenwald Fellowship, which assisted him in completing his doctorate in 1949.At Harvard, Myers studied under famous economists such as John D. Black, Sumner Slichter, Gottfried Haberler, and Joseph Schumpeter.John Kenneth Gabraith was his advisor as he worked on completing his Ph.D. thesis, titled "Product Testing and Labeling with Special References to Textiles".