I ran into someone the other day whom I had never met and who fit the following five criteria:
1. He/she attended the University of Chicago.
2. He/she is still alive.
3. He/she is a whole lot smarter than I am.
4. He/she is a whole lot more famous than I am.
5. He/she is even more controversial/notorious than I am. Read More »
Tom Hundley had a long piece in the Chicago Tribune on Sunday describing the influence of the University of Chicago on Barack Obama. The most interesting part comes near the end, where law professors Cass Sunstein and Richard Epstein spar over whether Obama really believes in free markets. Sunstein says, “As Nixon went to China, […] Read More »
On Bloomberg.com, John Lippert presents an interesting and extremely well-reported article on the financial crisis’s impact on the thinking of Chicago economists. It does a nice job of capturing the multifaceted nature of the institution, with people on all sides of the issues. I absolutely love the following excerpt, which better captures what it is […] Read More »
Only at the University of Chicago. A while back, the university made plans to start a Milton Friedman Institute. It has been the source of some controversy. The latest installment is reported in the student newspaper, the Chicago Maroon. The beginning of the article is a little boring — but definitely read to the end, […] Read More »
My colleague John Cochrane has written an insightful piece on the bailout. In short, he believes that the Treasury plan needs to be shot, have a stake driven through its heart, and be buried. His arguments, posted on his website, are reprinted below: The Monster Returns By John H. Cochrane A Guest Post Like a […] Read More »
Congratulations to my co-author and former student Brian Jacob, who just won the David Kershaw Prize for being the most distinguished researcher under the age of 40 in the field of public policy. The prize is given every other year by the Association for Public Policy Analysis and Management. Past winners include David Ellwood, John […] Read More »
L. Gordon Crovitz writes in today’s Wall Street Journal about the dispute at the University of Chicago over whether to name its new institute after Milton Friedman. In making the point that the U. of C. strives to be resolutely apolitical, even in the awarding of honors, Crovitz includes this delicious anecdote: The mayor of […] Read More »