Friedrich Lutz and Vera Smith Lutz

Friedrich August Lutz, 1901-1975.

• Das Konjukturproblem in der Nationalokonomie, 1932.
• "The Structure of Interest Rates", 1940, QJE
• "The Criteria of Maximum Profits in the Theory of the Firm", 1945, QJE
• Corporate Cash Balances in Manufacturing and Trade, 1945.
• Theory of Investment of the Firm, with Vera Lutz, 1951.
• The Theory of Interest, 1956.
• "Die Liquidität des Banksystems und die Zinssätze", 1961, WWA
• "The Case for Flexible Exchange Rates", 1954, BNLQR

Vera C. Smith (Lutz)

• The Rationale of Central Banking, 1936.
• Theory of Investment of the Firm, with Friedrich Lutz, 1951.
• "Real and Monetary Factors in the Determination of Employment Levels", 1952, QJE
• A research student of Hayek's at the L.S.E.  Her famous 1936 treatise on central banking included a systematic critique of central banking system and initiated the "free banking" movement, whereby commercial banks are permitted to issue their own currency, which circulate in competition, a topic later taken up by Hayek.

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