Lloyd W. Mints (1888–1989)

Samuel Demeulemeester

Chapter 10 in The Palgrave Companion to Chicago Economics, 2022, pp 223-248 from Springer

Abstract: Abstract Lloyd W. Mints (1888–1989) was a key member of the early Chicago School in the field of monetary economics. He has been mainly remembered, to this day, for his book A History of Banking Theory in Great Britain and the United States (1945) and his criticism of the “real bills doctrine”. His views on money and banking were generally in line with the Chicago tradition of monetary theory of the 1930s. Yet, his contributions of the late 1940s and early 1950s reflected a departure from that tradition in some respects, foreshadowing the views of Milton Friedman—with whom he interacted in the later part of his career. Despite its role in the evolution of Chicago’s monetary economics, Mints’s work has been somewhat neglected in the literature. This chapter attempts to remedy this neglect.

Keywords: Lloyd W. Mints; Chicago tradition of monetary theory; Milton Friedman; Henry C. Simons; Quantity theory; Rules versus discretion; Real bills doctrine; Monetary policy; Chicago Plan; Fiscal policy (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-01775-9_10

Ordering information: This item can be ordered from
http://www.springer.com/9783031017759

DOI: 10.1007/978-3-031-01775-9_10

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().