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Aaron Director taught at the University of Chicago from 1930 to 1934 and from 1946 to 1965. Both periods corresponded to crucial stages in the development of Chicago monetary economics under the leaderships of Henry Simons and Milton Friedman, respectively. Any impact that Director may have had...
Like other Progressive Era reformers, Thomas Nixon Carver promoted a form of biology-infused social science that included both eugenics and a strong version of hereditarianism. Carver was also a charismatic teacher who trained several generations of economists and sociologists at Harvard. In...
This article examines a hitherto neglected aspect of the expansion of international trade in nineteenth-century East Asia—that of how ordinary people understood changing trade patterns. Rather than the political debates and imperial competition that have been the focus of existing research, I...
The repeal of the British Combination Laws in 1824 is generally considered by historians as the landmark of modern trade unionism, and has been attributed to the contributions of classical political economists. In the sole article that addressed this issue in the field of the history of economic...
Adam Smith allegedly offers a model of economic development in both his Lectures on Jurisprudence and the Wealth of Nations—the so-called four stages of development model. The model presents a linear unfolding view of economic development from primitive to advanced stages. But Smith’s own...
The early Methodenstreit (1871–1883) between Gustav Schmoller and Carl Menger is one of the defining moments in the development of today’s discipline of economics. However, recent interpretations of the debate no longer identify a substantial point of controversy. I reconstruct the debate to...
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