Statement from chair of Friedman Institute committee

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

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Levitt on MFI

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

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Free market capitalism bars the use of physical force in relationships

Naomi Klein, Friedman polemicist, has a newish interview in the New Yorker magazine in which she tries to equate the horrible results of communist/socialist ideology (i.e. that enforced under the rule of Stalin, Hitler and others) to the horrible… [Read the rest]

The Fatal Conceit is alive and kicking

Austrian economist F.A. Hayek had a term for the belief that knowledgeable, sophisticated people could plan for an ideal outcome. He called it the “fatal conceit,” and even wrote an entire book on the subject. His thesis was… [Read the rest]

U. Chicago Newsletter Article on MFI

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

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Is the current economic crisis part of Milton Friedman’s legacy?

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,… [Read the rest]

Sen. Bernie Sanders to lay financial crisis blame at Friedman’s feet

In the latest of a series of anti-Friedman events at the University of Chicago, CORES, Students for CORES and some other statist groups are hosting independent U.S. Senator Bernie Sanders for a lecture on how the lack[Read the rest]

Have a hankering for Friedman?

Have a hankering for Friedman?

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… [Read the rest]

Academic Freedom Institute concerned about MFI opposition

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… [Read the rest]

Nobel Prize winner Gary Becker & Judge Richard Posner on MFI

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.

Excerpt from Posner:

Economics is a highly competitive academic field,

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