NOTES AND OTHER MATERIALS FROM MELCHIOR PALYI’S COURSE, MONETARY THEORY, ECONOMICS 332, UNIVERSITY OF CHICAGO, 1933–1934

Abstract

Ostrander’s notes reveal Palyi’s course to have had, in effect, four parts, the first two being principal ones. The first part is a review and interpretation of selected aspects of monetary theory, especially the Banking versus Currency Schools of monetary policy. The second part is an interpretation of recent European history, centering on the rise to power of Adolph Hitler. The third deals with Hayek, apparently through a report by another student, Albert G. Hart. The fourth deals with Keynes, apparently through a (second) report by Rose Director. These are taken up in the same sequence in this introduction.

Citation

Samuels, W.J. (2005), "NOTES AND OTHER MATERIALS FROM MELCHIOR PALYI’S COURSE, MONETARY THEORY, ECONOMICS 332, UNIVERSITY OF CHICAGO, 1933–1934", Samuels, W.J. (Ed.) Documents from F. Taylor Ostrander (Research in the History of Economic Thought and Methodology, Vol. 23 Part 2), Emerald Group Publishing Limited, Leeds, pp. 307-330. https://doi.org/10.1016/S0743-4154(05)23109-7