|Birth: ||May 17, 1899|
|Death: ||May 7, 1989|
Earl Hamilton, 89, a retired professor of economics at the University of Chicago, helped establish the impact of the New World's economy on that of the Old World in the years following the discovery of America. He also edited a basic economics book, ''Landmarks in Political Economy.''
Services are being planned for Mr. Hamilton, a resident of Flossmoor. He died Sunday in Methodist Medical Center, Oak Ridge, Tenn., while visiting his daughter, Sita Halperin.
The focus of much of his work was the connection between the importation of gold to Europe following the conquest of the Americas and the resulting inflation, according to Robert Fogel, a professor in the Graduate School of Business at U. of C.
His works include ''American Treasure and the Price Revolution in Spain, 1501-1650,'' published in 1934; ''Money, Prices and Wages in Valencia, Aragon and Navarre, 1351 to 1500,'' issued in 1936; ''War and Prices in Spain, 1651-1800,'' published in 1947; and ''El Florecimento del Capitalismo y Otros Ensayos,'' which came out in 1948. He coauthored ''First Images of America: What the New World Gave the Economy of the Old,'' published in 1976.
Mr. Hamilton, who was fluent in seven languages, traveled and researched extensively in Europe.
Another of his economic interests was the Scottish financier and economist, John Law. On a research fellowship from the Ford Foundation, Mr. Hamilton showed Law's contributions in the field to have been greatly exaggerated.
Mr. Hamilton, a graduate of Mississippi State University, received master's degrees in economics from the University of Texas and from Harvard University and a doctorate from Harvard.
He retired from the U. of C. in 1967 but served as distinguished professor of economic history at the State University of New York at Binghampton from 1966 to 1969.
In 1951 and 1952, he served as president of the Economic History Association and in 1955 was president of the American Economic Association.
Survivors, besides his daughter, include four grandchildren and three great-grandchildren.
Published in The Chicago Tribune (IL), May 10, 1989
Joseph W. Hamilton (1864 - 1942)
Frances Regina Williams Hamilton (1865 - 1947)
Gladys Olive Dallas Hamilton (1900 - 1987)*
Sita Hamilton Halperin (1929 - 2013)*
Effie May Hamilton Reid (1893 - 1986)*
John Ray Hamilton (1895 - 1968)*
Earl Jefferson Hamilton (1899 - 1989)
James Harper Hamilton (1906 - 1998)*
Memorial Park Cemetery
Created by: Ron Manley
Record added: Dec 03, 2008
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