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George Joseph Stigler (/ ˈ s t ɪ ɡ l ər /; January 17, 1911 – December 1, 1991) was an American economist. He was the 1982 laureate in Nobel Memorial Prize in Economic Sciences and is considered a key leader of the Chicago school of economics .
Learn about the life and work of George J. Stigler, who received the 1982 Nobel Prize in Economic Sciences for his studies of industrial structures, markets, and regulation. Explore his contributions to economic theory, his wit and humor, and his legacy at the University of Chicago.
Apr 9, 2024 · George J. Stigler (born Jan. 17, 1911, Renton, Wash., U.S.—died Dec. 1, 1991, Chicago, Ill.) was an American economist whose incisive and unorthodox studies of marketplace behaviour and the effects of government regulation won him the 1982 Nobel Prize for Economics.
George Stigler was the quintessential empirical economist. Paging through his classic microeconomics text The Theory of Price, one is struck by how many principles of economics are illustrated with real data rather than hypothetical examples. Stigler deserves a great deal of the credit for getting economists to look at data and evidence. Stigler’s two longest-held […]
Dec 1, 1991 · George Stigler was born in Renton, a suburb of Seattle, USA to immigrant parents. After graduating from the University of Washington in 1931, he spent a year at Northwestern University. There, he developed an interest in economics and decided on an academic career. He studied at the University of Chicago, where he earned his Ph.D. in 1938.
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Learn about the life and work of George J. Stigler, who won the Nobel Prize in Economic Sciences in 1982 for his studies of markets and regulation. Explore his papers on electricity rates, regulatory capture, and the role of Chicago Booth in academic research.
This essay by Sam Peltzman reviews how George Stigler changed the way economists analyze government regulation with his 1962 and 1971 articles. It discusses the empirical and theoretical implications of his work and its impact on the field.
