Freiburg and Chicago schools shared monetary research agendas in the 1930s

Evidence

Beyond the personal contacts of ordoliberals with Hayek and later proponents of the Chicago School, Köhler and Kolev also stress the similarities in the research agendas concerning monetary policy in Freiburg and Chicago in the 1930s, particularly in the work of Eucken’s pupils Friedrich Lutz and Henry Simons, teacher of Milton Friedman and progenitor of the Chicago School of Economics. Eucken furthermore played a central role in the foundation of the MPS, as evidenced in the fact that Hayek delegated the right to propose German members for the MPS to Eucken. — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 621

Categorization

• XREF: Directly fractures the crude caricature by showing German ordoliberal and Chicago monetary traditions as convergent in the 1930s, not antagonists — central to the reader’s map-building.
• QUESTION: Worth chasing: what specific monetary-policy parallels existed between Lutz and Simons, given Freiburg is usually opposed to Chicago in later literature?