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

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  • Tavlas, George S.

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.

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  • Tavlas, George S., 2020. "“The Initiated”: Aaron Director and the Chicago Monetary Tradition," OSF Preprints xw67b_v1, Center for Open Science.
    • Handle: RePEc:osf:osfxxx:xw67b_v1
    DOI: 10.31219/osf.io/xw67b_v1
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