The Chronicle: Academic Capital Flows: U. of Chicago Plans $200-Million Milton Friedman Institute
A decade ago, officials in Mongolia reportedly considered building a statue in honor of Milton Friedman, who was one of the 20th century’s most influential proponents of laissez-faire economics.
Today the University of Chicago announced its own monument to Mr. Friedman, who died in 2006 at the age of 94. The university plans to invest $200-million in a research center to be known as the Milton Friedman Institute.
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