George Stigler

George Joseph Stigler ( born January 17, 1911 in Renton, † 1 December 1991 in Chicago) was an American economist. He was a major representative of the Chicago School and student of Frank Knight. In 1982 he received the Nobel Prize in Economics.

Stigler studied economics at the University of Washington with a bachelor 's degree in 1931 and from Northwestern University ( MBA 1932) and in 1938 received his doctorate at the University of Chicago with Frank Knight. 1936 to 1938 he taught at Iowa State College, worked in the Second World War at Columbia University in Manhattan Project, after the war was a year at Brown University and from 1947 to 1958 professor at Columbia University.

Stigler made ​​significant contributions to the New Political Economy. He was awarded for his work on industrial organization, the functioning of markets and causes and consequences of market regulation. In particular, he examined how political interest groups to affect the markets to their advantage. Another field of activity, which he co-founded, was the economics of information, presented in an influential essay in 1961. He also dealt with economic history.

Stigler was a member of the Mont Pelerin Society. In 1987 he received the National Medal of Science.

Writings

  • Production and Distribution Theories: The Formative Period. New York: Macmillan. 1941 1994
  • The Economics of Information, Journal of Political Economy, Vol 69, 1961, pp. 213-225
  • Information in the Labor Market, Journal of Political Economy, Vol 70, 1962, 94-105
  • The Intellectual and the Market Place. Selected Papers, no 3 Chicago: University of Chicago Graduate School of Business. 1962
  • With Paul Samuelson A Dialogue on the Proper Economic Role of the State. Selected Papers, no.7, pp. 3-20, Chicago:. University of Chicago Graduate School of Business. 1963
  • Capital and Rates of Return in Manufacturing Industries. National Bureau of Economic Research, Princeton, NJ: Princeton University Press. 1963
  • Essays in the History of Economics. Chicago: University of Chicago Press. 1965
  • The Organization of Industry. Homewood, IL: Richard D. Irwin, 1968
  • With J. K. Kindahl: The Behavior of Industrial Prices. National Bureau of Economic Research, New York: Columbia University Press. 1970
  • The Theory of Economic Regulation, Bell Journal of Economics and Management Science, no 3, 1971, pp. 3-18.
  • Citizen and the State: Essays on Regulation. 1975
  • The Process and Progress of Economics, Nobel Lecture 1982
  • The Economist as Preacher, and Other Essays. Chicago: University of Chicago Press. 1982
  • The Organization of Industry. 1983
  • Memoirs of an Unregulated Economist, 1985 ( autobiography)
  • KR Leube, TG Moore (Editor ), The Essence of Stigler, 1986
  • The Theory of Price, Fourth Edition. New York: Macmillan. 1987
  • As Publisher: Chicago Studies in Political Economy. 1988
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