The Economic Thought of Henry Calvert Simons:Crown Prince of the Chicago School

Steele, Gerald Roy (2018) The Economic Thought of Henry Calvert Simons:Crown Prince of the Chicago School. Routledge Studies in the History of Economics . Routledge, London. ISBN 9780815364658

Full text not available from this repository.

Abstract

Drawing on years of research, Gerald Steele delves into the diverse ideas of Henry Simons, a neglected economist whose work in the 1930s on monetary and financial instability is extremely relevant to today’s debates about commercial bank credit, the interdependence of fiscal and monetary policy, and financial regulation. Steele describes the emergence of the first Chicago school of economics and its distinctive difference to the School subsequently associated with the Monetarism of Milton Friedman, and shows how Simons provides the basis for what is now referred to as ‘the fiscal theory of the price level’ and how this differs from the monetarist attempt to control prices by controlling the supply of broad money. This book will be of interest to advanced students and researchers of the history of economic thought, economic history, macroeconomics and banking and finance.

Item Type:
Book/Report/Proceedings
ID Code:
88597
Deposited By:
Deposited On:
07 Nov 2017 13:28
Refereed?:
No
Published?:
Published
Last Modified:
16 Sep 2020 07:43