Vera Lutz Explained

Vera Lutz
Birth Name:Vera Smith
Birth Date:1912
Birth Place:Kent, England
Death Date:[1]
Nationality:British
Occupation:Economist
Spouse:Friedrich Lutz
Alma Mater:London School of Economics
Discipline:Economics

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

External links

Notes and References

  1. Lachezar . Grudev . Friedrich Lutz: A Forgotten Monetary Economist and Social Philosopher . Fall 2023 . 28 . 2 . 225–236 . The Independent Review . 1086-1653 . 26 March 2024.
  2. Web site: Vera C. Smith (Lutz), 1912-1976.. Het Website. 22 October 2016.
  3. Web site: The Macroeconomic Theory of Vera C. Lutz. Graziani. Augusto. Banca Nazionale del Lavoro. Sapienza University of Rome. 1. 22 October 2016.
  4. Book: Business Cycles and Depressions: An Encyclopedia. Glassner. David. Cooley. Thomas F.. Taylor & Francis. 415. 1997. 9780824009441. 22 October 2016.
  5. Book: Toniolo, Gianni. The Oxford Handbook of the Italian Economy Since Unification. Oxford University Press. 147–150. January 2013. 9780199936700. 22 October 2016.