Vera Lutz
Vera Constance Lutz, née Smith, (1912–1976) was a British economist. She was married to German economist Friedrich Lutz.
Career
Smith was born in Kent, England, and studied at the London School of Economics between 1930 and 1935 for a PhD. In 1937, she married German economist Friedrich Lutz, and the couple moved to Princeton University prior to the start of the Second World War, and moved to Zurich in 1951.[1] Lutz's main areas of study were credit theory, economic development theory and labour economics.[2] Vera and Friedrich's 1951 work Theory of Investment of the Firm was said to have "greatly influenced modern capital theory, and would remain a major source of reference for the next decade".[3] Lutz's work Italy, a Study in Economic Development used neoclassical economics, and focused on the differences between Northern and Southern Italy, and the monopolistic behaviour of Italian industry.[4] Vera and Friedrich had been invited to Italy by the Banca d'Italia.[4]
Works
- The Rationale of Central Banking and the Free Banking Alternative, 1936.
- Theory of Investment of the Firm, with Friedrich Lutz, 1951.
- Real and Monetary Factors in the Determination of Employment Levels, 1952.
- Multiplier and Velocity Analysis: A Marriage, 1955.
- Italy, a Study in Economic Development, 1963.
- Central Planning for the Market Economy: An Analysis of the French Theory and Experience, 1969.
Source:[1]
References
- ^ a b "Vera C. Smith (Lutz), 1912-1976". Het Website. Retrieved 22 October 2016.
- ^ Graziani, Augusto. "The Macroeconomic Theory of Vera C. Lutz". Banca Nazionale del Lavoro. p. 1. Retrieved 22 October 2016 – via Sapienza University of Rome.
- ^ Glassner, David; Cooley, Thomas F. (1997). Business Cycles and Depressions: An Encyclopedia. Taylor & Francis. p. 415. Retrieved 22 October 2016.
- ^ a b Toniolo, Gianni (January 2013). The Oxford Handbook of the Italian Economy Since Unification. Oxford University Press. pp. 147–150. Retrieved 22 October 2016.
