
author
1882–1976
A pioneering economist of money and banking, he helped shape how generations of students and scholars understood credit, commercial banking, and financial systems. He also left a lasting mark at the University of Iowa, where he served as acting president in 1940.

by Chester Arthur Phillips
Born in 1882 and died in 1976, Chester Arthur Phillips was an American economist best remembered for his work on money, banking, and credit. His writing was widely used in economics education, and Readings in Money and Banking remains one of the works most closely associated with his name.
Phillips built much of his career at the University of Iowa, where he became an influential faculty member and administrator. In 1940, he served as acting president of the university during a period of transition, showing that his role there extended well beyond the classroom.
He was also recognized for his scholarship in banking and finance more broadly. The University of Iowa later honored his legacy by naming Phillips Hall after him, a sign of the respect he earned as both a teacher and a university leader.