Archives for University of Chicago



David Warsh on the New Milton Friedman Institute

There is a mini-controversy on the University of Chicago campus surrounding the announcement of plans to raise money for a Milton Friedman Institute here at the university. Some non-economists are concerned that the Friedman Institute will push a right-wing agenda and tarnish the reputation of the university. Some who knew Friedman well have the opposite […] Read More »



Ashwini Versus the A.F.L.-C.I.O.

A modern variant of David versus Goliath is unfolding in academic economics. Ashwini Agrawal is David. He is a graduate student getting a Ph.D. at the University of Chicago Graduate School of Business. The A.F.L.-C.I.O. is Goliath. Here is the background, as I understand it: The A.F.L.-C.I.O. manages huge pension funds for its members. These […] Read More »



Oversubscribed Classes

I make a brief cameo appearance in this Chronicle of Higher Education article about how universities allocate students to popular courses. It mentions the student who tried to sell her spot in my class, thereby bringing down the wrath of the University administration. I liked her approach, though, so we’ve now got her employed doing […] Read More »



Mondrian Soda?

If you go into the cafeteria at the University of Chicago’s Graduate School of Business, you will come upon a rather extraordinary display in the soda case: It reminded me of a Mondrian painting, maybe “Broadway Boogie Woogie.” As it turned out, the man responsible for the display was standing nearby, and we fell to […] Read More »



What Do I Have In Common With Hannah Montana?

I sometimes do wear a wig and too much eye makeup, but that’s not what I had in mind. The answer to the question is that people are scalping tickets to both of our performances. There was uproar recently about the steep prices resellers were getting for her concert tickets — sometimes upwards of $2,000. […] Read More »



"It's not called Freakonomics, Donald, it is called Freakonomi"

This season’s show “Apprentice” with Donald Trump ended with Trump asking the winner whether the runner-up, Rebecca Jarvis, should also be hired. The winner said, “The show is called ‘The Apprentice,’ not ‘The Apprenti.’ ” Not particularly important, but first let’s just note that if the plural of apprentice is “apprenti,” then by the same […] Read More »



Is Blogging Dangerous for Your Academic Health?

Maybe, maybe not. But here’s the story of how Daniel Drezner, an assistant professor in political science at the University of Chicago (and an active blogger) was just denied tenure. Read More »



Gladwell on the Ivy League

Malcolm Gladwell’s latest piece in the New Yorker is interesting as always. It is about Ivy League admissions. I particularly like this quote (especially the last sentence): The Ivy League schools justified their emphasis on character and personality, however, by arguing that they were searching for the students who would have the greatest success after […] Read More »