Friday, April 29, 2005

aha!



Ditty on The Chicago School of Economics

The Third Chicago School (1970s-Today)

* Milton Friedman and Chicago Monetarism

* James M. Buchanan and the Public Choice Economics

* Robert E. Lucas and New Classical Macroconomics

* Ronald H. Coase and New Institutionalist Economics

* Robert Fogel and New Economic History

* Gary S. Becker and the New Social Economics

* Richard Posner and Law-and-Economics Movement

"Coase" and "Posner" -- names that came up in my law studies. "Posner" is widely known as a badass in legal circles, and the Coase Theorem is taught in property. Has this "Chicago" school dribbled its way into standard legal curriculum? Since I have nothing to do, I might as well look into it...

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