Hyde Park corner; Economics in Chicago.(The Chicago School: How the University of Chicago Assembled the Thinkers Who Revolutionized Economics and Business)(Book review)

Economist (US), The, June, 2007

THE field Johan Van Overtveldt chose to till sounds unpromising: the history of a single discipline at a single university. But when the discipline is economics and the place is the University of Chicago, the soil is rich indeed. Mr Van Overtveldt counts nine Nobel economics laureates "primarily associated" with Chicago, a further four who did much of their best work there and several others with Chicago connections. Nowhere else comes close. And that is without those, such as Frank Knight and Jacob Viner, who lived too early to win the profession's top prize (the laureate for economics dates only from 1969).

Before defining the "Chicago school" Mr Van Overtveldt clears his throat to discuss what he calls the "Chicago tradition". This, he says, is...

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