Milton Friedman Institute
University of Chicago establishes Milton Friedman Institute
The University of Chicago is establishing a center for path-breaking research in economics which honors economist and alumnus Milton Friedman.
Economists to focus on pioneering research in new Milton Friedman Institute
The Chicago Theological Seminary is the future home of the Milton Friedman Institute.
The University of Chicago is establishing a center for path-breaking research in economics to build upon the strengths of economists throughout the University and to honor the contributions of Milton Friedman, considered by many to be the leading economist of the 20th century.
The University’s investment in the Institute will be about $200 million, with half of that amount establishing an operating endowment and the remainder allocated for facilities and other start-up costs. The majority of the funds will be raised in donations from alumni and business leaders around the world.
“The goal of the Institute is to build on the University’s existing leadership position and make the Milton Friedman Institute a primary intellectual destination for economics by creating a robust forum for engagement of our faculty and students with scholars and policymakers from around the world,” said President Robert J. Zimmer. “The Milton Friedman Institute will continue Chicago’s extraordinary tradition of creating new ideas that stimulate the academic world and innovative approaches that influence policy.”