Friedrich Hayek, Letter to Walter Eucken from November 3, 1946, in F. A. Hayek Archives, Box 18/Folder 40, Hoover Institution Archives, Stanford University
• quoted in Ekkaehard A. Köhler and Stefan Kolev, "The Conjoint Quest for a Liveral Positive Program: "Old Chicago," Freiburg, and Hayek" in F. A. Hayek and the Modern Economy: Economic Organization and Activity (2013) edited by Sandra J. Peart and ‎David M. Levy
“

It will by the way be of interest to you that the main goal of my America trip was an attempt to arrange in Chicago a larger study about the question as to what changes are necessary in the “legal framework” in order to make the competitive economy effective. Unfortunately the man on whom my plans were mostly centered, Henry Simons, died suddenly and I do not know yet if the project can be continued despite that. The idea was a positive complement to my book.

— Friedrich Hayek

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "It will by the way be of interest to you that the main goal of my America trip was an attempt to arrange in Chicago a larger study about the question as to what changes are necessary in the “legal framework” in order to make the competitive economy effective. Unfortunately the man on whom my plans were mostly centered, Henry Simons, died suddenly and I do not know yet if the project can be continued despite that. The idea was a positive complement to my book." in the context of "Friedrich Hayek, Letter to Walter Eucken from November 3, 1946, in F. A. Hayek Archives, Box 18/Folder 40, Hoover Institution Archives, Stanford University
• quoted in Ekkaehard A. Köhler and Stefan Kolev, "The Conjoint Quest for a Liveral Positive Program: "Old Chicago," Freiburg, and Hayek" in F. A. Hayek and the Modern Economy: Economic Organization and Activity (2013) edited by Sandra J. Peart and ‎David M. Levy" to mean that wisdom is timeless.

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Source: Wikiquote: "Henry Calvert Simons" (Quotes about Simons) The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
Henry Calvert Simons

About Henry Calvert Simons

Henry Calvert Simons (October 9, 1899 – June 19, 1946) was an American economist at the University of Chicago. His anti-trust and monetarist models influenced the Chicago school of economics.