42:, who is widely recognized for his many enduring contributions to economic analysis. The institute was a collaboration of the University of Chicago Booth School of Business, Department of Economics, and Law School and fostered inquiry across a wide range of topics and subfields. The institute aimed to advance and preserve the unique University of Chicago economic tradition of combining theory and data in rigorous analysis–an approach exemplified by Friedman and others.
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faculty at the university, who argued that to found such an institute would constitute "a symbolic endorsement of his views by the
University" and that the proposal reflected "a very narrow research scope even within the field of economics, not to speak of the complete disregard for other disciplines involved in the study of 'economy and society'".
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said its goal was to create "a primary intellectual destination for economics by creating a robust forum for engagement of our faculty and students with scholars and policymakers from around the world.” The university had initially planned to invest $ 200 million in the institute, with half of that
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The
Institute hosted visiting scholars working in subfields of economics, business, law, and related fields such as public policy and medicine. It hosted workshops, seminars, and lectures on fundamental questions across these fields. The Institute also supported advanced professional training for
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The institute was an object of intense controversy at the university, as many faculty objected both to its objectives as originally framed and to the naming of an institute after
Friedman, who was viewed as "polarizing". The announcement of the institute drew a response from more than 170 of the
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post-doctoral students, as well as expanded opportunities for
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as a collaborative, cross-disciplinary site for research in economics.
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Friedman Institute for Research in Economics
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Milton Friedman Institute for Research in Economics
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746:Poetry Club
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791:Law School
269:Law School
120:2011-06-18
82:References
736:Doc Films
230:Academics
53:endowment
661:Football
425:Journals
355:Fermilab
129:cite web
70:See also
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585:History
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761:WHPK
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135:link
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