Karl Brunner (economist)

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Karl Brunner
Born (1916-02-16)February 16, 1916
Died May 9, 1989(1989-05-09) (aged 73)
Rochester, New York
Nationality Swiss, US-American
Institution University of Rochester
Field Monetary economics
School or
Chicago School of Economics
Alma mater University of Zurich
London School of Economics

Karl Brunner (/ˈbrʊnər/; German: [ˈbrʊnər]; 16 February 1916 – 9 May 1989) was a Swiss economist. His main interest in economics was on the nature of the money supply process and the philosophy of science and logic.


Brunner moved to the United States in 1943. Together with Allan Meltzer, he created the Shadow Open Market Committee: a monetarist council that deeply criticized the Federal Open Market Committee.[1]

An award is given after his name in University of Rochester, William E. Simon Graduate School of Business Administration every year to the graduating non-US student with the highest record of academic achievement in the MBA program.

To commemorate the 100th anniversary of his birthday, the Swiss National Bank started the Karl Brunner Distinguished Lecture Series in 2016.[2] The first lecture was given by Kenneth Rogoff in Zurich.


  • Brunner, Karl, 1974. "Monetary Management, Domestic Inflation, and Imported Inflation." In Aliber, Robert Z., ed National Monetary Policies and the International Financial System. Chicago: University of Chicago Press. 179–208
  • Brunner, Karl, and Allan H. Meltzer (1971). "The Uses of Money in the Theory of an Exchange Economy." American Economic Review 61 (Dec.): 784–805.
  • _____, 1993. Money and the Economy: Issues in Monetary Analysis, Cambridge. Description. and chapter previews, pp. ixx.
  • Brunner, Karl, The Selected Essays of Karl Brunner, Thomas Lys, ed., Edward Elgar.
1996. v. 1, Economic Analysis and Political Ideology. Description and chapter-preview links via scroll down.
1997. v. 2, Monetary Theory And Monetary Policy: Edward Elgar. Description.

See also[edit]


  1. ^ Reichart Alexandre & Abdelkader Slifi (2016). 'The Influence of Monetarism on Federal Reserve Policy during the 1980s.' Cahiers d'économie Politique/Papers in Political Economy, (1), pp. 107-150. https://www.cairn.info/revue-cahiers-d-economie-politique-2016-1-page-107.htm
  2. ^ Allan H. Meltzer: Ein Schweizer von Weltrang. Neue Zurcher Zeitung. September 22, 2016, p. 31