Working Papers

Identifying a “Chicago School” of Economics: On the Origins, Diffusion, and Evolving Meanings of a Famous Brand Name

Author: 
Steven G. Medema
Publication Number: 
2021-23
Publication Date: 
Thursday, November 11, 2021

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.

Modern Political Economy: A Brief History and Some Applications

Author: 
Keith Jakee
Publication Number: 
2021-22
Publication Date: 
Thursday, November 4, 2021

This article--designed to give readers unfamiliar with public choice a historical overview and flavor for the kinds of problems considered--is divided into three main sections, “historical origins,” the “modern founders of MPE,” and a brief description of some “current issues” studied by public c

J.S. Mill, W. Roscher and D.H. Robertson: The Early History of the Monetary Misperceptions Hypothesis

Author: 
Mauro Boianovsky
Publication Number: 
2021-21
Publication Date: 
Monday, November 1, 2021

Around 50 years ago, Edmund Phelps and Robert Lucas proposed an answer to the question why changes in aggregate nominal spending bring about output and employment effects, instead of purely proportional variations in prices.

"The Eyes and Ears of the Agricultural Markets": A History of Information in Interwar Agricultural Economics

Author: 
Thomas Delcey and Guillaume Noblet
Publication Number: 
2021-20
Publication Date: 
Thursday, October 7, 2021

This article offers a historical analysis of the contributions of U.S. interwar agricultural economics to the economics of information.

In Search of Santa Claus: Samuelson, Stigler, and Coase Theorem Worlds

Author: 
Steven G. Medema
Publication Number: 
2021-19
Publication Date: 
Tuesday, September 28, 2021

One of the more striking features of the debate over the Coase theorem is the wide variety of models and theoretical frameworks used to discuss, evaluate, or otherwise analyze Coase’s result—an artifact of an ambiguity in Coase’s reasoning.

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