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
theory publishing
I started working and publishing in price theory by 1938.
economists exert influence minor scarcely societies
Economists exert a minor and scarcely detectable influence on the societies in which they live
brown columbia moved remained returned soon until war
After the war, I returned to Minnesota, from which I soon moved to Brown University, and a year later, to Columbia University where I remained from 1947 until 1958.
columbia leave member minnesota several university war
Two years later, I went to the University of Minnesota from which I was on leave for several years during the war as a member of Statistical Research Group at Columbia University.
science intense sociology
That subject has lost its one time appeal to economists as our science has become more abstract, but my interest has even grown more intense as the questions raised by the sociology of science became more prominent.
teaching college iowa
My teaching began in 1936 at Iowa State College where T. W. Schultz was the department chairman.
science numbers forever
And yet I would not freely exchange my science for those of my fellow laureates. They are forever confined in their professional discussions to the small numbers of their fellow scientists.
training chicago graduates
My main graduate training was received at the University of Chicago from which I received the Ph.D. in 1938.
directors fierce cliche
My interests were aroused, and my faith in the cliches of the subject destroyed, as so often with other subjects, by the discussions with my friend, Aaron Director.
money moving car
Henry Ford made a lot of money making cars at one time, but that was a small advantage to him compared to the benefit to millions of people who for the first time in their lives were emancipated from common public carriers and could live where they wanted, move at the hours they wanted, to the places they wanted. Ford collected a billion bucks, but that was peanuts compared to the benefits.
yield chicago economic
Even before I came to Chicago, I had gotten interested in the existence of dispersion of prices under conditions which economic theory said would yield a single price.
social social-science
There is only one social science and we are its practitioners
regulation study 1960s
It was in the 1960s that I began the detailed study of public regulation.
wife chicago married
I met my wife, Margaret L. Mack, at the University of Chicago. We were married in 1936. She died in 1970.