The Chicago School

A landmark history of the Chicago School of Economics. The first book to provide an in-depth history of the Chicago School of Economics, which sprung from the University of Chicago in the mid 20th century. When Richard Nixon said "We are all Keynesians now" in 1971, few could have predicted that the [...]
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A landmark history of the Chicago School of Economics. The first book to provide an in-depth history of the Chicago School of Economics, which sprung from the University of Chicago in the mid 20th century. When Richard Nixon said "We are all Keynesians now" in 1971, few could have predicted that the next three decades would have resulted in a complete transformation of the global economic landscape. This transformation was led chiefly by a small but influential circle of thinkers trained in Chicago's departments of economics and political sciences and its business and law schools, many of whom had worked in relative obscurity for decades. These thinkers - including Milton Friedman, Gary Becker, George Stigler and Robert Lucas - revolutionised economic orthodoxy in the second half of the 20th century, utterly dominated the Nobel prizes awarded in economics, and changed how business is done around the world. Written by a leading European economic thinker with long-term ties to the University of Chicago, "The Chicago School" is the first in-depth look at how this remarkable group of thinkers came together and how their influence and importance still echoes over the business landscape.