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Lars Hansen, economics professor at the University of Chicago, posted a statement (PDF) on his website about the Friedman Institute. The statement gives an excellent explanation of MFI’s goals and motivations.
Goals of MFI:
The Milton Friedman Institute will
We here at FriedmanFacts.com missed this post from University of Chicago Economics professor Steven Levitt, author of Freakonomics:
The Friedman Institute will increase the scale at which Chicago economics will operate, giving us a better chance of competing
Today I received the new Social Sciences Fall/Winter alumni newsletter, Dialogo. The front-page article discusses two new institutes in the division this year, one being the Milton Friedman Institute for Research in Economics. From the article:
The Institute is
Is the current economic crisis part of Milton Friedman’s legacy? Yes, according to Senator Bernard Sanders who will argue the case tonight at the University of Chicago. Sanders, a self-described socialist who, according to Howard Dean, “votes with… [Read the rest]
Someone at Jerry’s Sandwiches here in Chicago appreciates Friedman and has a sense of humor. Check out this excerpt from their menu:
If you’re not hungry this second, you can still get some freedom of… [Read the rest]
FIRE, Foundation for Individual Rights in Education, is an organization established “to defend and sustain individual rights at America’s colleges and universities.“ It seems that FIRE has been concerned about a minority group of faculty members stifling an academic… [Read the rest]
University of Chicago professors Gary Becker (economics) and Richard Posner (law) comment in separate posts on their Becker-Posner blog. Both posts are worth a thorough read.
Economics is a highly competitive academic field, and piety
CORES claims that the MFI will be a bastion for blind free-market ideology, therefore harming both campus intellectual debate and U of C’s reputation. However, we’ve seen more than one institute on campus that a critical mind would suspect, by… [Read the rest]
GMU Economics Department Chair Don Boudreaux writes:
Milton Friedman championed not unfettered markets, but markets fettered by competition and consumer sovereignty rather than by political diktats. Friedman understood that fetters imposed by government are neither the only nor the best
Does the anti-Milton Friedman Institute group want to muffle certain types of research at the University of Chicago? The thought sounds absurd. Yet, from one of their event invitations (PDF), we discover what is at the heart of this… [Read the rest]