From Publishers Weekly
Stigler, one of the leading figures in the conservative "Chicago School" of economics, won the Nobel Prize in Economic Science in 1982 for his work on the economics of information and on the economics of public regulation. In this engaging memoir, he recounts his intellectual development. As a graduate student at the University of Chicago during the 1930s, he was deeply influenced by economists Frank Night and Jacob Viner. These two mentors nurtured his belief in the efficacy of free markets and the harm that government interference in markets often causes. Stigler, who taught at Iowa State University and Columbia University before returning to the University of Chicago in 1958, here describes the work of colleagues like Milton Friedman, Gary Becker, Ronald Coase and Richard Posner, "Chicago" economists who share a fierce commitment to free markets and to rigorous microeconomic analyses. Stigler concludes that economic logic will eventually pervade other, less rigorous social sciences. This is a well-written and tautly argued book.
Copyright 1988 Reed Business Information, Inc.
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“Stigler’s memoirs are a gem: in style, in wit, and above all, in substance, they reflect accurately his own engaging personality and his extraordinarily diverse contributions to our science.”
“Should be read by anyone considering a career in economics, but Stigler’s writing is so accessible that his discussions will whet even a casual interest.”--, <I>
(James C. Cooper Business Week
“Beautifully written, it will appeal to anyone seeking a better understanding of what technical economics is all about. It is full of stories about powerful minds, courageous intellects and tightly focused issues.”--, <I>
(David Warsh Boston Globe
“A loving and fierce defense of economics as a science.”
(Robert Krulwich New York Times Book Review
“Mr. Stigler is at his best as a historian of economic thought, great and small. . . . He also provides abundant insight into the anthropology of the tribe of academic economists in the latter 20th-century U.S., bizarre as it may be. Interspersed in all that is a simple autobiography of a gentle man and his lifelong love affair with the dismal science. Anyone even on the edge of economic romance will find here a refreshing bouquet.”
(Robert B. Reich Wall Street Journal