David Laidler

Not to be confused with David Laibson.

David Ernest William Laidler (born 12 August 1938, England) is an 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 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 1974–1994. It was translated into Spanish, Polish, Italian, and Bulgarian.

Later in his career, Laidler shifted focus to the history of economic thought.[3] Despite being retired, he is still an active researcher and scholar.


Academic affiliations

In addition to many visiting appointments, David Laidler has held full-time teaching positions at the University of California, Berkeley, the University of Essex, and the University of Manchester, but from 1975 onward his primary academic affiliation has been with the University of Western Ontario. He was named a Fellow of the Royal Society of Canada in 1982 and served as president of the Canadian Economic Association, 1987-88.

Academic honours


Books and monographs

Selected articles


  1. Michael Bordo & Anna J. Schwartz, (2006) "David Laidler on Monetarism", NBER Working Paper 12593, Cambridge, MA.
  2. Robert Leeson, (ed.), David Laidler’s Contributions to Economics. New York: Palgrave Macmillan, 2010. xii + 376 pp.
  3. 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

External links

Government offices
Preceded by
Special Adviser for Bank of Canada
Succeeded by
Daniel Racette
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