The Elgar Companion to the Chicago School of Economics

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The Elgar Companion to the Chicago School of Economics Edited by Ross B. Emmett James Madison College, Michigan State University, USA Edward Elgar Cheltenham, UK • Northampton, MA, USA Contents List of contributors vii Preface xi Introduction 1 Ross B. Emmett PART I ESSAYS ON THE CHICAGO SCHOOL 1 The development of post-war Chicago price theory 7 /. Daniel Hammond 2 Chicago economics and institutionalism 25 Malcolm Rutherford 3 Adam Smith and the Chicago School 40 Steven G. Medema 4 The Economic Organization, by Frank H. Knight: a reader's guide 52 Ross B. Emmett 5 The Chicago School of welfare economics 59 H. Spencer Banzhaf 6 Chicago monetary traditions 70 David Laidler 1 On the origins of A Monetary History 81 Hugh Rockojf 8 Chicago and economic history 114 David Mitch 9 Chicago and the development of twentieth-century labor economics 128 Bruce E. Kaufman 10 Human Capital, by Gary S. Becker: a reading guide 152 Pedro Nuno Teixeira 11 Chicago law and economics 160 Steven G. Medema 12 Friedman, positive economics, and the Chicago Boys 175 Eric Schliesser 13 Neoliberalism and Chicago 196 Robert Van Horn and Philip Mirowski 14 Armen Alchian on evolution, information, and cost: the surprising implications of scarcity 207 Daniel K. Benjamin 15 The Chicago roots of the Virginia School 233 Gordon L. Brady vi The Elgar companion to the Chicago School of Economics PART II SOME CHICAGO ECONOMISTS 16 Gary S.Becker 253 Pedro Nuno Teixeira 17 Ronald Harry Coase 259 Steven G. Medema 18 Aaron Director 265 Robert Van Horn 19 Paul H. Douglas 270 Glen G. Cain 20 Berthold Frank Hoselitz 274 David Mitch 21 Frank H. Knight 280 Ross B. Emmett 22 J. Laurence Laughlin 287 William J. Barber 23 Edward P. Lazear 291 Morley Gunderson 24 H. Gregg Lewis 296 JeffE. Biddle 25 Deirdre N. McCloskey 301 Stephen T. Ziliak 26 Richard A. Posner 306 Steven G. Medema 27 Albert Rees 311 Orley Ashenfelter and John Pencavel 28 Margaret Gilpin Reid 315 Evelyn Forget 29 Sherwin Rosen 318 Hao Li 30 Henry Schultz 322 D. Wade Hands 31 Theodore William Schultz 326 Pedro Nuno Teixeira 32 Henry Calvert Simons 331 Sherry ID. Kasper 33 George J. Stigler 337 Edward Nik-Khah 34 Jacob Viner 342 William J. Barber Index 345.

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