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Henry Calvert Simons (1899–1946)

Sherry Davis Kasper ()
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Sherry Davis Kasper: Maryville College

Chapter 15 in The Palgrave Companion to Chicago Economics, 2022, pp 357-381 from Springer

Abstract: Abstract This chapter describes the legacy of Henry Simons (1899–1946) in Chicago economics. It begins by describing the years of Simons becoming an economist and continues with providing a detailed description of his influential pamphlet A Positive Program for Laissez-Faire (Simons 1934) that provided a ‘blueprint’ for reimagining classical liberalism for the modern age. The chapter continues with describing Simons’s role in establishing the foundations for the post-Second World War Chicago. As the story unfolds, it becomes clear that he had a great impact, by keeping attention on the potential of classical liberalism, by modelling the methods of problem-solving and advocacy, and by doing the groundwork for creating the Mont Pelerin Society. Nonetheless, his work created underlying tensions for those that followed him because he worked in the environment of inter-war pluralism that allowed progressive views about the evil of monopoly and inequality to linger and to influence Simons’s intellectual legacy.

Keywords: Laissez-faire; Chicago School; Henry Simons; Inter-war pluralism; Progressive economics; Mont Pelerin Society; Neoliberalism (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-01775-9_15

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DOI: 10.1007/978-3-031-01775-9_15

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