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Lives of the LaureatesTwenty-three Nobel Economists$
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Roger W. Spencer and David A. Macpherson

Print publication date: 2014

Print ISBN-13: 9780262027960

Published to MIT Press Scholarship Online: May 2015

DOI: 10.7551/mitpress/9780262027960.001.0001

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George J. Stigler

George J. Stigler

(p.57) George J. Stigler
Lives of the Laureates

Roger W. Spencer

David A. Macpherson

The MIT Press

This chapter is about George J. Stigler who was awarded the Nobel prize in 1982. Stigler was born in 1911. After earning his doctorate at the University of Chicago in 1938, he became a full professor and worked at several American universities. He then later became director for the Center for the Study of the Economy and the State, University of Chicago. The most important contribution he made to economics is in the development of information theory. He worked on ideas of public regulation where his style of approach was strong in its empirical orientation. One of his key texts is The Organization of Industry and The Citizen and the State, Essays on Regulation.

Keywords:   George J. Stigler, information theory, public regulation, empirical orientation

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