There has long been a presumption that the price-level-stabilization frameworks of Irving Fisher and Chicagoans Henry Simons and Lloyd Mints were essentially equivalent. I show that there were subtle, but important, differences in the rationales underlying the policies of Fisher and the...

Neoliberal economics has reshaped societies. How did this doctrine ascend? While existing explanations emphasize a variety of factors, one neglected aspect is intellectual rivalry within the US economics profession. Neoliberalism had to attain prestige against the grain of the intelligentsia...

Mark Ramseyer has been a leading force in bringing to bear the methods of Law and Economics to an increasingly ambitious analysis of the Japanese legal and economic systems. He has deliberately assumed an iconoclastic position in debunking a number of widely-held beliefs about Japan. More...

In this article, we use a history of economic thought perspective to analyze the process by which the Chicago School of Antitrust emerged in the 1950s and became dominant in the US. We show the extent to which economic objectives and theoretical views shaped antitrust laws in their inception....

Though the Chicago school has been the subject of no small amount of research over the past several decades, that scholarship has focused largely on persons, ideas, and influence - in short, on the school itself. No attention has been paid to the origins of that label and the avenues via which...

This paper depicts the co-evolution of the political economies of the "Old Chicago" and Freiburg Schools. These communities within the "laissez-faire within rules" research program and the long-standing "thinking-inorders" tradition emerged in the 1930s and culminated in the 1940s into a...

"An essential origin story of modern society's most influential economic doctrine. The Chicago School of economic thought has been widely generalized-and caricaturized-in contemporary debate. What is often portrayed as a monolithic obsession with markets is, in fact, a nuanced set of economic...

Milton Friedman was, alongside John Maynard Keynes, the most influential economist of the twentieth century. His work was instrumental in the turn toward free markets that defined the 1980s, and his full-throated defenses of capitalism and freedom resonated with audiences around the world....