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“The Initiated”: Aaron Director and the Chicago Monetary Tradition

George Tavlas and Jhet Assistant

No xw67b, OSF Preprints from Center for Open Science

Abstract: Aaron Director taught at the University of Chicago from 1930 to 1934 and from 1946 to 1967. 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 played in the development of those stages and to the relationship between the views of Simons and Friedman has been frustrated by Director’s lack of publications. I provide evidence, much of it for the first time, showing the important role played by Director in the development of Chicago monetary economics, including his role as a transmitor of Simons’s ideas to Friedman.

Date: 2020-11-03
New Economics Papers: this item is included in nep-cba, nep-his and nep-hpe
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Journal Article: “THE INITIATED”: AARON DIRECTOR AND THE CHICAGO MONETARY TRADITION (2022) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:osf:osfxxx:xw67b

DOI: 10.31219/osf.io/xw67b

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