David Laidler

Not to be confused with David Laibson.
David Laidler
FRSC
Born (1938-08-12) 12 August 1938 (age 86)
North Shields, England
Academic career
Institutions
School or
tradition		monetary economics
Alma mater
AwardsDonner Prize

David Ernest William Laidler FRSC (born 12 August 1938, North Shields, England) is an English/Canadian economist who has been one of the foremost scholars of monetarism.[1][2] He published major economics journal articles on the topic in the late 1960s and early 1970s. His book, The Demand for Money, was published in four editions from 1969[3] through 1993 (with slightly altered subtitles), initially setting forth the stability of the relationship between income and the demand for money and later taking into consideration the effects of legal, technological, and institutional changes on the demand for money. The book has been translated into French, Spanish, Italian, Japanese, and Chinese.

His continued work on the demand for money through the 1990s and into the 21st century (with William B. P. Robson) led to his receiving the Donner Prize in 2004 for Two Percent Target: Canadian Monetary Policy Since 1991, published by the C.D. Howe Institute, with which Laidler maintains a close working relationship.

His other major publication, Introduction to Microeconomics, was also published in four editions, from 1974 to 2008.[4][5] It was translated into Spanish, Polish, Italian, and Bulgarian.

Later in his career, Laidler shifted focus to the history of economic thought.[6] Despite being retired, he is still an active researcher and scholar.

  1. ^ Bordo, Michael; Schwartz, Anna J. (October 2006). "David Laidler on Monetarism". NBER Working Paper No. 12593. Working Paper Series. doi:10.3386/w12593.
  2. ^ Robert Leeson, (ed.), David Laidler's Contributions to Economics. New York: Palgrave Macmillan, 2010. xii + 376 pp.
  3. ^ Laidler, David E. W. (1969). The Demand for Money: Theories and Evidence (1st ed.). International Textbook Company. ISBN 0-7002-0233-1 – via Internet Archive.
  4. ^ Laidler, David (1974). Introduction to Microeconomics (1st ed.). Oxford, UK: Philip Allan. ISBN 0-86003-002-4.
  5. ^ Estrin, Saul; Laidler, David; Dietrich, Michael (2008). Introduction to Microeconomics (5th ed.). Harlow, Essex, England: FT Prentice Hall (Pearson Education Limited). ISBN 978-0-273-64627-3.
  6. ^ Thomas M. Humphrey (2011), "Book Review of Robert Leeson, (ed.), David Laidler's Contributions to Economics. New York: Palgrave Macmillan, 2010", Economic History Association at eh.net Archived 10 September 2011 at the Wayback Machine