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Wednesday, March 7, 2018

university of chicago update


the griffin gift will play a major role toaffecting society in the best possible ways we can. we can go on and on and on and think about what have economists done over the last century,and nearly every major innovation would include some direct link to chicago economics. we have theories like rational expectations- that’s bob lucas. monetary economics – milton friedman. we can think about social economics or familyeconomics – well that’s gary becker. but when i think about what can ken’s giftdo, when i say game-changer, i mean it.

when we fast forward 50 or 100 years, we’regoing to look back and we’re going to say: the 21st century, do you know what that was? that was a ton of economic innovation, andthe chicago school of economics was at the center of it.

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