Henry Simons is Not a Supporter of Free Enterprise

The Chicago School of Economics is seen far and wide as a free enterprise stronghold. The research programs of many of its members are extolled as supportive of capitalism, even by otherwise knowledgeable commentators. This article will show that such an evaluation cannot be supported, at least in the case of Henry Simons, one of the most eminent practitioners of economics to be associated with the economics department of the University of Chicago.

Volume 16, Number 4 (2002)