Karl Brunner’s Contributions to Liberty, Political Economy, and Monetarism


The conference examined Karl Brunner’s (1916–1989) major contributions to knowledge: methodological individualism, the role of institutions, and the monetarist revolution of the second half of the last century. The conference concentrated on Karl Brunner’s contributions to the political foundations of a free society and avoied technical economics.


Conference Readings

Alchian, Armen A. and Susan Woodward. "The Firm is Dead; Long Live the Firm: A Review of "the Economic Institutions of Capitalism"." Journal of Economic Literature XXVI (March 1988): 65-79.

Brunner, Karl. "Assumptions and the Cognitive Quality of Theories." Synthese (1969): 501-521.

Brunner, Karl. "Knowledge, Values and the Choice of Economic Organization." Kyklos (1970): 558-579.

Brunner, Karl. "The Perception of Man and the Conception of Society." Economic Inquiry (1987): 367-388.

Brunner, Karl and Allan H. Meltzer. "Theory, Policy, Institutions: Papers from the Carnegie-Rochester Conference on Public Policy." Elsevier Science Publishers (1983): 1-25.

Brunner, Karl and Allan H. Meltzer. "Money and Credit in the Monetary Transmission Process." American Economic Review (1988): 446-451.

Brunner, Karl and Allan H. Meltzer. Money and the Economy: Issues in Monetary Analysis. Cambridge: Cambridge University Press, 1993.

Brunner, Karl and Allan H. Meltzer. "What Did We Learn From the Monetary Experience of the United States in the Great Depression?" Canadian Journal of Economics (1968): 334-348.

Fratianni, Michele and Jurgen von Hagen. "The Konstanz Seminar on monetary theory and policy at 30." European Journal of Political Economy 17 (2001): 641-664.

Jensen, Michael C. and William H. Meckling. "The Nature of Man." Journal of Applied Corporate Finance 7 (Summer 1994): 4-19.

Laidler, David. Macroeconomics in Retrospect: The Selected Essays of David Laidler. Northampton: Edward Elgar Publishing, Inc., 2004.

Meltzer, Allan H. "Monetary and Other Explanations of the Start of the Great Depression." Journal of Monetary Economics  2 (1976): 455-471.

Meltzer, Allan H. "A Rational Theory of the Size of Government." Journal of Political Economy (1981): 914-927.

Taylor, John B. "Discretion versus policy rules in practice." Carnegie-Rochester Conference Series on Public Policy 39 (1993): 195-214.