1st Edition

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

By G.R. Steele Copyright 2018
206 Pages
by Routledge

206 Pages
by Routledge

206 Pages
by Routledge

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... Read more

Preface 1. Introduction 2. Libertarian Philosophy 3. Economics and the Chicago School 4. The Chicago Plan: The Background 5. The Chicago Eight, Plus Four, Plus One 6. The Chicago Plan 7. Monetary Rules 8. Monetarism and Fiscal Monetarism 9. Business, Bankers and Bubbles 10. Taxation 11. Islamic Banking and Finance 12. Final Comments

Biography

G.R. Steele is Reader in Economics at Lancaster University. His research interests include the economics and political philosophy of Friedrich Hayek, and he has pursued a general inquiry into the development of ideas relating to problems of a money economy.



In 2007, he delivered the F. A. Hayek Memorial Lecture, Austrian Scholars Conference, Mises Institute. In 2010 he was Visiting Professor at the University of Economics, Prague, when he delivered the František Čuhel Memorial Lecture, Conference on Political Economy, at the Cevro Institute.