In May 2008 the University of Chicago announced the intent to establish the Milton Friedman Institute with an initial financial commitment of 200 million dollars. The guidelines for this institute were detailed in a faculty committee report. According to the report the committee had initially been charged by President Zimmer, in May 2007, “to consider the possibility of creating a major new institute at the University on economics and society.” Our view is that naming such a major institute after Friedman is a symbolic endorsement of his views by the University. Read more...

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In the News

Mar 5

"U of C Cuts Budget as Endowment Shrinks" Steven R. Strahler, Chicago Business

Mar 4

"Ivory Tower Unswayed by Crashing Economy" Patricia Cohen, The New York Times

Feb 6

"The Failed Prophet" Sen. Bernie Sanders, In These Times 

Jan 30

"Milton Friedman is the Worst Possible Taste at Present" Alex Millmow, Business Day

Jan 27

"A Dark Age of Macroeconomics" Paul Krugman, The New York Times