| Uproar in Chicago over Milton Friedman Institute Plans |
|
|
|
| by Tom McGregor | Fri, Aug 29, 2008, 01:13 PM |
|
According to the Houston Chronicle, “more than 100 tenured faculty members have signed letters and a petition opposing the institute, which would be paid for by private donations and would conduct research in economics, medicine, public policy and law. Critics say that they are concerned the institute will be a partisan, elitist organization and that it shouldn’t be under the auspices of a university.” This summer, the institute was launched with about half a million dollars in university seed money and is seeking $200 million in private donations of $1 million or more. The opponents’ petition voices worries that wealthy donors would have inordinate influence over the institute’s research, but University Provost Thomas Rosenbaum said such concerns are unfounded. Rosenbaum is quoted by the Chronicle as saying, “donors will receive reports and attend lectures, but they won’t belong to the institute. They will have nothing to do with its direction, and no economist worth their salt would take that kind of direction anyway. We will bring in people from all over the world with all different approaches.” Friedman was a longtime professor at the university’s economics department, who won the Nobel Prize in 1976. His economic philosophy prompted him to denounce government actions such as rent control, Social Security, minimum wage laws, and the military draft. To read the entire article from the Houston Chronicle, link here:
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Bookmark
Email This
Comments (4)
...
written by Bob Reagan , August 30, 2008 Milton Friedman was the most realistic and prescient economist of his time, which, fortunately, lasted 94 years. The University of Chicago is one of the most prestigious institutions of higher learning in the U.S., and has more Nobel laureates than any other. It is unfortunate that its current faculty has been so infected with left-wing, statist-collectivist ideology (much like our own SMU) that they would oppose an institution dedicated to Friedman’s forward looking economics. Alas, college faculties, are susceptible to that form of infection. Most of those who pursue a career in academia have no real world experience, have never had to meet a payroll. I am sure that detachment is even more extreme in the rarefied atmosphere of the University of Chicago. Nevertheless, Milton Friedman will be revered and studied for a long time to come, if not there then some place where he will be appreciated.
...
written by Farinata X , August 30, 2008 Shorter Bob Reagan: All academics are left-wing statist collectivists except the ones I like. Write comment
|
|
Members of the 
| < Prev | Next > |
|---|
