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The Economic Thought of Henry Calvert Simons: Crown Prince of the Chicago School (Routledge Studies in the History of Economics)

Penned By G.R. Steele
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The Economic Thought of Henry Calvert Simons: Crown Prince of the Chicago School (Routledge Studies in the History of Economics)

Penned By G.R. Steele
4.85 99,335 Ratings
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Editor's Note:
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, macroeconomics, banking and finance.

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G.R. Steele

After spending years working in the corporate world, G.R. Steele finally decided to pursue a lifelong passion for writing. They currently reside in a quiet suburb where they spend most of their time outlining new stories, reading extensively, and occasionally attempting to bake.

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William Young
William Young July 08, 2024
"A very strong entry. It held my rapt attention, even when certain twists were telegraphed. Quite impressive overall."
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Dorothy Phillips July 07, 2025
"A profoundly satisfying read. The author orchestrated a breathtaking finale. Truly a work of art. An absolute must-read for connoisseurs of the genre."
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Deborah Nguyen
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"A very strong entry. It held my rapt attention, even when certain twists were telegraphed. I would highly recommend this to discerning readers."
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"A profoundly satisfying read. The pacing was impeccable and the characters felt incredibly authentic. I was completely immersed. I will undoubtedly revisit this masterpiece."
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Thomas Ramirez
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"Exceeded all my expectations. I adored how the story unfolded. It kept me captivated without sacrificing elegance. A true literary gem."
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