Between Harvard anf Chicago: Jacob Viner and New Deal Banking Reforms, 1933-1935

Author/s Sebastiano Nerozzi
Publishing Year 2007 Issue 2007/2
Language Italian Pages 38 P. 29-66 File size 175 KB
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This paper examines Jacob Viner’s contribution to the debate over anti-Depression policies and focuses specifically upon his activities as a close assistant to Secretary of the Treasury Henry Morgenthau Jr. from 1933 to 1935. During his term at the Treasury, Viner was involved in many policy decisions concerning monetary policy, banking reforms and public works. A wide set of archival sources preserved in Viner’s and Morgenthau’s papers has allowed us to describe his position in the economic debate of the time, his vision on the working of the economic system, and his influence on policy. This analysis has helped to clarify Viner’s relationships with two contemporary brands of monetary thought which historians have come to identify respectively as the Chicago and Harvard traditions.

Sebastiano Nerozzi, Between Harvard anf Chicago: Jacob Viner and New Deal Banking Reforms, 1933-1935 in "STORIA DEL PENSIERO ECONOMICO" 2/2007, pp 29-66, DOI: