Lloyd A. Metzler (1913–1980)

Robert A. Cord (robert_cord@cantab.net)
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Robert A. Cord: Researcher in Economics

Chapter 21 in The Palgrave Companion to Chicago Economics, 2022, pp 515-543 from Springer

Abstract: Abstract Despite his acknowledged brilliance, Lloyd Metzler has perhaps become one of the more overlooked former members of the Department of Economics at the University of Chicago, an institution where he spent most of his career. Metzler was something of an outlier at Chicago in so far as he was regarded as having Keynesian sympathies at a time when the Department was transitioning to monetarism and free market economics. He nevertheless stands out for his seminal work on money, interest, and prices, as well as important contributions to international trade theory, business cycles, and mathematical economics.

Keywords: Business cycles; Inventories; International trade theory; Keynesian and monetary theory; Laursen-Metzler effect; Matrix theory; Metzler paradox; Stability; Transfer problem; Wealth (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1007/978-3-031-01775-9_21

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