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The Nobel Memorial Laureates in Economics

The Nobel Memorial Laureates in Economics

An Introduction to Their Careers and Main Published Works

Howard R. Vane and Chris Mulhearn

Erudite, accessible and lucidly written, this book provides a stimulating introduction to the careers and main published works of the Nobel Memorial Laureates in Economics. It will prove to be an invaluable reference book on key figures in economics and their path-breaking insights. The vignettes should also encourage the reader to sample some of the Laureates’ original works and gain a better understanding of the context in which new ideas were first put forward.


Howard R. Vane and Chris Mulhearn

Subjects: economics and finance, economic psychology, history of economic thought


THE 1982 NOBEL MEMORIAL LAUREATE GEORGE STIGLER GEORGE STIGLER George J. Stigler (1911–91) © The Nobel Foundation George Stigler was born in Renton (a suburb of Seattle), Washington, USA in 1911. He obtained a BA from the University of Washington in 1931, an MBA from Northwestern University in 1932, and a PhD from the University of Chicago in 1938. A graduate student under Frank Knight at Chicago, his doctoral thesis on the history of production and distribution theories was subsequently published by Macmillan (Stigler, 1941). He was appointed assistant professor at Iowa State College in 1936, a post he held before moving to the University of Minnesota in 1938. Working in the faculty at Minnesota he was promoted from assistant and associate to full professor over the period from 1938 to 1946. In 1942 Stigler went on leave, first to work at the National Bureau of Economic Research (NBER) (where he was a research staff member until 1976), and then to the Statistical Research Group at Columbia University before returning to Minnesota in 1945. In 1946 he accepted the offer of a professorship at Brown University but after a year moved to Columbia University where he was professor from 1947 to 1958. In 1958 Stigler returned to the University of Chicago where he remained until he retired in 1981. From 1981 to 1991 he was the Charles R. Walgreen Distinguished Service Professor, Emeritus, at the University of Chicago. At Chicago he established the Industrial Organization Work128 GEORGE STIGLER shop, founded...

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