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Chicago Suggested Reading

Chicago. Reading list for second core price theory. D. Gale Johnson, 1955.

 

This post adds a reading list from 1955 to ten previous postings of material for University of Chicago core graduate price theory following the second World War. The course was taught by D. Gale Johnson during the Winter Quarter. The copy of the reading list was found in Milton Friedman’s papers.

Chapters on interest rates from Keynes’ General Theory make a brief appearance in this course that focused on functional income distribution (theories of wages, interest, and profits).

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Previous postings for Chicago core price theory.

Econ 300A, Milton Friedman. 1946.

Econ 300 A&B. Milton Friedman ca 1947.

Econ 300 A&B, Milton Friedman, Winter Quarter, 1947.

Econ 300 A&B, Milton Friedman. 1948.

Econ 300 A&B, Lloyd A. Metzler. 1948-49.

Econ 300 A&B, Milton Friedman, 1951-52.

Econ 300 A&B, Lloyd A. Metzler, 1952.

Econ 300A, Arnold Harberger, 1955.

Econ 300A. Gary Becker, 1956.

Econ 300 A&B, Milton Friedman 1958.

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D. Gale Johnson
Winter Quarter 1955

Economics 300B
Reading Assignments

  1. P. H. Douglas, “Are There Laws of Production?” A. E. R., XXXVIII (1948), 1-41.
  2. D. G. Johnson, “The Functional Distribution of Income in the United States, 1850-1952,” R. E. & S., XXXVI (1954), 175-82.
  3. E. J. Working, “What Do Statistical ‘Demand Curves’ Show?” XLI (1927), 212-35. Reprinted in Readings in Price Theory.
  4. F. H. Knight, Risk, Uncertainty and Profit, Ch. IV.
  5. A. Marshall, Principles of Economics, 8th, Book IV, Chs. 1, 2, 3 and Book V, Ch. 6.
  6. A. E. A. Readings in The Theory of Income Distribution. Articles by J. M. Cassels, George Stigler, E. H. Chamberlin and Fritz Machlup.
  7. G. Stigler, Production and Distribution Theories, Chs. IV and XII.
  8. Philip H. Wicksteed, The Co-ordination of the Laws of Distribution.
  9. R. G. D. Allen, Mathematical Analysis for Economists, 11.8; 12.7; 12.8; 12.9; 13.7.
  10. Paul A. Samuelson, Foundations of Economic Analysis. Ch. IV.
  11. J. R. Hicks, The Theory of Wages. Chs. 1-6.
  12. A. Marshall, Principles of Economics, Book VI, Ch. I-V.
  13. Adam Smith, The Wealth of Nations, Book I, Ch. X.
  14. D. H. Robertson, “Wage Grumbles,” in 6.
  15. M. Friedman and S. Kuznets, Income from Independent Professional Practice, pp. v-x, 81-95, 118-37, 142-61.
  16. George Stigler, Domestic Servants in the United States, 1900-1940. (N.B.E.R. Occ. Paper No. 24).
  17. A. Marshall, Principles of Economics, Book VI, Ch. IX. See Index on quasi-rent.
  18. F. H. Knight, “Capital and Interest,” in 6.
  19. J. M. Keynes, The General Theory of Employment, Interest and Money, Chs. 11-14.
  20. R. W. Clower, “Productivity, Thrift and the Rate of Interest,” Economic Journal, March, 1954, 107-15.
  21. R. W. Clower, “An Investigation into the Dynamics of Investment,” American Economic Review, XLIV (1954), 64-81.
  22. A. P. Lerner, “On the Marginal Product of Capital and the Marginal Efficiency of Investment,” J. P. E. LXI (1953), 64-81.
  23. H. Makower and J. Marschak, “Assets, Prices and Monetary Theory,” Economics, 1938, 261-88. Reprinted in Readings in Price Theory.
  24. J. F. Weston, “A Generalized Uncertainty Theory of Profit,” A. E. R., March, 1950, 40-60.
  25. J. F. Weston, “The Profit Concept and Theory: A Restatement,” J. P. E., April, 1954, 152-170.

 

Source:  The Hoover Institution Archives. Papers of Milton Friedman.Box 77. Folder 77.1 “University of Chicago Econ. 300A & B”.

Source: David Gale Johnson portrait from the University of Chicago Photographic Archive,  apf1-10169, Special Collections Research Center, University of Chicago Library