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Stigler George

Jan 17, 1911

Rating : AA (Data from a birth certificate)

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  • Leo
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  • Capricorn
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  • Libra
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Remembering Since 1991

Events Events

Death:Death by Disease 1 December 1991 in Chicago (Heart failure, age 80) chart Placidus Equal_H.

Ai Generated Biography Biography

American economist. He won the Nobel Memorial Prize in Economic Sciences in 1982, and was a key leader of the Chicago School of Economics. Stigler died from hear failure on 1 December 1991 in Chicago, Illinois, aged 80. Link to Wikipedia biography

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Update at: Jul 2, 2025
`` George Stigler

George Stigler (1911-1991)

George Joseph Stigler was an influential American economist, born in Renton, Washington on January 17, 1911. He is widely recognized for his contributions to the Chicago School of Economics, focusing on information economics, industrial organization, and the history of economic thought.

Key Contributions and Areas of Focus:

  • Information Economics: Stigler's work on "The Economics of Information" revolutionized the field by recognizing the cost of acquiring information as a key factor in economic decisions. He demonstrated how information asymmetry affects markets and influences consumer behavior.
  • Regulation and Industrial Organization: His research on regulation challenged conventional wisdom, arguing that regulatory agencies often serve the interests of the industries they regulate, rather than the public interest. This concept is now known as "regulatory capture."
  • History of Economic Thought: Stigler devoted considerable effort to studying the intellectual history of economics. He emphasized the importance of understanding the context and motivations of past economists.
  • Chicago School of Economics: A prominent figure in the Chicago School, Stigler advocated for free markets and limited government intervention. His work, along with that of Milton Friedman and others, shaped the school's influential approach to economic analysis.

Key Publications:

  • The Theory of Price
  • Essays in the History of Economics
  • The Citizen and the State

Awards and Recognition:

The pinnacle of Stigler's career was the Nobel Memorial Prize in Economic Sciences, awarded in 1982 "for his seminal studies of industrial structures, functioning of markets and causes and effects of public regulation".

Unfortunately, detailed information about George Stigler's specific projects, social media presence, and recent news is not readily available online. As a historical figure who passed away in 1991, his public profile primarily exists through his academic work and legacy in the field of economics. Archival research at institutions related to his career, such as the University of Chicago, might yield further specific project details.

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