Vera Lutz

Vera Lutz
Born
Vera Smith

1912
Kent, England
Died(1976-08-20)20 August 1976[1]
NationalityBritish
OccupationEconomist
SpouseFriedrich Lutz
Academic background
Alma materLondon School of Economics
Academic work
DisciplineEconomics
Sub-discipline

Vera Constance Lutz, (née Smith, 1912–1976), was a British economist. She was married to the German economist Friedrich Lutz.

Career[edit]

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.[2] Lutz's main areas of study were credit theory, economic development theory and labour economics.[3] 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".[4] 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.[5] Vera and Friedrich had been invited to Italy by the Banca d'Italia.[5]

Works[edit]

  • The Rationale of Central Banking and the Free Banking Alternative. Indianapolis: Liberty Fund. 1936 – via Onine Library of Liberty.
  • Lutz, Vera; Friedrich Lutz (1951). Theory of Investment of the Firm. Princeton: Princeton University Press – via Internet Archive.
  • Real and Monetary Factors in the Determination of Employment Levels, 1952.
  • Multiplier and Velocity Analysis: A Marriage, 1955.
  • Italy, a Study in Economic Development. London, New York, Toronto: Oxford University Press. 1963 – via Internet Archive.
  • Central Planning for the Market Economy: An Analysis of the French Theory and Experience. London and Harlow: Longmans. 1969.

References[edit]

  1. ^ Grudev, Lachezar (Fall 2023). "Friedrich Lutz: A Forgotten Monetary Economist and Social Philosopher". The Independent Review. Vol. 28, no. 2. pp. 225–236. ISSN 1086-1653. Retrieved 26 March 2024.
  2. ^ "Vera C. Smith (Lutz), 1912-1976". Het Website. Retrieved 22 October 2016.
  3. ^ Graziani, Augusto. "The Macroeconomic Theory of Vera C. Lutz". Banca Nazionale del Lavoro. p. 1. Retrieved 22 October 2016 – via Sapienza University of Rome.
  4. ^ Glassner, David; Cooley, Thomas F. (1997). Business Cycles and Depressions: An Encyclopedia. Taylor & Francis. p. 415. ISBN 9780824009441. Retrieved 22 October 2016.
  5. ^ a b Toniolo, Gianni (January 2013). The Oxford Handbook of the Italian Economy Since Unification. Oxford University Press. pp. 147–150. ISBN 9780199936700. Retrieved 22 October 2016.

External links[edit]

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