George Stigler
George Stigler
George Joseph Stiglerwas a U.S. economist. He won the Nobel Memorial Prize in Economic Sciences in 1982, and was a key leader of the Chicago School of Economics, along with Milton Friedman...
NationalityAmerican
ProfessionEconomist
Date of Birth17 January 1911
CountryUnited States of America
years law giving
Why, when the economist gives advice to his society, is he so often cooly ignored? He never ceases to preach free trade, and protectionism is growing in the United States. He deplores the perverse effects of minimum wage laws, and the legal minimum is regularly raised each 3 or 5 years. He brands usury laws as a medieval superstition, but no state hurries to repeal its law.
weed flower competition
Competition is a tough weed, not a delicate flower.
knowing answers economic
...it is distressing how often one can guess the answer given to an economic question merely by knowing who asks it.
economists exert influence minor scarcely societies
Economists exert a minor and scarcely detectable influence on the societies in which they live