While much has been written about the history of the Cowles Commission for Research in Economics after its move from Colorado Springs to Chicago in 1939, its earlier history under the first two Cowles Commission research directors, Charles F. Roos and Harold T. Davis, is little known. This paper...

This paper examines Patinkin's analysis of Fisher's monetary economics, with regard to the integration of monetary and value theory, the origins of the Chicago school and Fisher's relationship to Cambridge monetary theory.

<title>Abstract</title> David Hume's classic statement of the quantity theory of money and the specie-flow mechanism of international adjustment in 1752 and Irving Fisher's authoritative restatement of the quantity theory in 1911 shared a concern with simultaneously upholding both the long-run neutrality and...