What is George Stigler known for?
Behavioral Economics
Environmental Economics
Chicago School of Economics
Keynesian Economics
Answer
The Chicago School of Economics, often associated with the work of George Stigler, emphasizes free markets and limited government intervention in the economy. Its core principles include the idea that the market should be allowed to operate with minimal regulation and that government policies should be designed to promote competition and increase economic efficiency. The school also emphasizes the importance of individual choice and personal responsibility in economic outcomes.
Mastering the Market: The George Stigler Challenge
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