Great Depression
Henry Simons’s Positive Program for Laissez-Faire
The 1930s were a difficult time for classical liberals. In response to the Great Depression, the federal government undertook a massive expansion of its...
George Stigler on Henry Simons, “Crown Prince” of the Chicago School
To mark 75 years since the passing of Henry Simons, professor of Economics and Law at the University of Chicago, ProMarket is republishing George...
What Schumpeter Can Teach Economists about the Great Recession
Ten years after Lehman Brothers’ failure, Schumpeter’s analysis of the Great Depression and his warnings to posterity are as timely as they are prophetic,...
