The Chicago Tradition in Economics 1892-1945

The home of more Nobel Laureates than any other institution, the Chicago School has fostered the work of the most influential and controversial economists of the twentieth century, including Frank Knight, Milton Friedman and Gary Becker. This collection reprints key papers in the development of Chicago economics from the early part of the century through the end of the Second World War.
Each volume focuses on an individual or group of individuals who made distinctive contributions, including: * Thorstein Veblen and the development of institutional economics * Wesley C. Mitchell and the Quantity Theory of Money * Margaret Reid and the emergence of Human Capital Theory * Henry Scholtuz and the development of quantitative methods * Frank H. Knight on price theory * and much more.

The home of more Nobel Laureates than any other institution, the University of Chicago has a unique place in the development of economics, fostering the work of some of the most influential and controversial economists of the twentieth century, including Frank Knight, Milton Friedman and Gary Becker. This collection traces the development of Chicago Economics to the end of the Second World War. Each volume focuses on an individual, or group of individuals who made distinctive contributions.

Volume 1Introduction1. Prices and the International Movement of Specie2. Banknotes and Lending Power 3. Why is Economics not an Evolutionary Science?4. The Preconceptions of Economic Science5. The Barbarian Status of Women6. The Theory of the Leisure Class7. The Theory of Business EnterpriseVolume 28. The Quantity Theory of the Value of Money 9. Greenbacks and the Cost of the Civil War10. The Value of the 'Greenbacks' During the Civil War11. The Demand and Supply Concepts: An Introduction to the Study of Market Price12. The Trade Union Point of View13. Trade Unionism in the United States14. Economic Theory and 'Social Reform'15. Economics and Modern Psychology16. Soundings in Non-Euclidean Economics17. Some Social Aspects: An Application of Overhead Cost to Social Accounting, With Special Reference to the Business Cycle18. The Socializing of Theoretical EconomicsVolume 319. A Theory of Production20. The Theory of Wages 21. Studies in the Supply Curve of Labor: The Relation in 1929 Between Average Earnings in American Cities and the Proportion Seeking Employment22. Some Problems in the Measurement of Income Inelasticities23. The Union in Industry: Some Observation on the Theory of Collective Bargaining24. Commercial Banking and Capital FormationVolume 425. Economic Problems of the Family26. Economics of Household Production27. The Trust Problem: Prevention versus Alleviation28. The Nature and Objective of Economic History29. Industry and Government in France and England, 1540-1640 Volume 530. Frisch on the Measurement of Utility31. A Comparison of Elasticities of Demand Obtained by Different Methods32. Interrelations of Demand33. The Theory and Measurement of Demand34. The Foundations of Welfare Economics35. The Theory of the Multiplier36. Price Flexibility and Employment37. The Scope and Method of EconomicsVolume 638. Some Problems of Logical Method in Political Economy39. Objective Tests of Competitive Price Applied to the Cement Industry40. The Utility Concept in Value Theory and Its Critics41. English Theories of Foreign Trade, Before Adam Smith42. Cost Curves and Supply Curves43. Gains From Trade: The Doctrine of Comparative Costs44. Mr. Keynes on the Causes of Unemployment45. The Short View and the Long in Economic PolicyVolume 746. The Economic Organization 47. Notes on Cost and Utility48. Note on Viner's Cost Theory49. Interest50. Economic Theory and Nationalism51. Ricardian Theory of Cost and Distribution52. Realism and Relevance in the Theory of DemandVolume 853. Syllabus Materials for 200154. A Positive Program for Laissez Faire55. Currency Systems and Commercial Policy56. Rules versus Authorities in Monetary Policy57. Some Reflections on Syndicalism58. Economic Stability and Anti-Trust Policy59. On Debt Policy60. A Political Credo61. The 'Chicago Plan' of Banking Reform: A Proposal for Making Monetary Management Effective in the United States62. Agitation for Banking Reform: The Problem of Elasticity63. A Brief Survey of Banking Literature Since 191364. Monetary Policy