Friedrich August Lutz (29 December 1901, Sarrebourg;[1] 4 October 1975, Zürich) was a German economist who developed the expectations hypothesis.
[3] Lutz's first job was for the Association of German Engineering Institutions (Verein deutscher Maschinenbau-Anstalten (VdMA)) in Berlin.
[3] In March 1937, he married Vera Smith, an economist,[4] and they traveled to the United States on another Rockefeller Foundation fellowship, 1937–1938.
[5] After the fellowship ended, the couple remained in the United States, and in the fall of 1938 Lutz took a job as an instructor at Princeton University.
[7] Working under Eucken, Lutz was in the inner circle of the ordoliberal Freiburg School of economics and law, where Eucken, Hans Großmann-Doerth and Franz Böhm were abandoning the traditional German historical and descriptive approach[8] and were beginning work on the basic theoretical issues surrounding a market economy and what makes for a competitive economy.