The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Simons, Henry Calvert (1899–1946)

  • Herbert Stein
Reference work entry


Simons was born in Virden, Illinois, and died in Chicago. An economist at the University of Chicago from 1927 to 1946, he was the first professor of economics at the University of Chicago Law School. A leader of the ‘Chicago School’, he had an important influence on American thinking about economic policy.


Chicago School Equality Haig–Simons definition of income Liberty Monetary policy rules Monopoly Price level Progressive taxation Simons, H. C. Trade unions 

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© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Herbert Stein
    • 1
  1. 1.