The Info List - Becker Friedman Institute

--- Advertisement ---

The Gary Becker Milton Friedman Institute for Research in Economics[1] was established at the University of Chicago in June 2011 as a collaborative, cross-disciplinary center for research in economics. It brought together the activities of two formerly independent economic research centers at the University: the Milton Friedman Institute for Research in Economics and the Becker Center on Chicago Price Theory, founded by Richard O. Ryan, MBA ’66. The institute is named for two globally influential economists: Gary S. Becker (1930–2014) and his mentor, Milton Friedman (1912-2006), both winners of the Nobel Memorial Prize in Economic Sciences. While they pursued different scholarly paths, Becker and Friedman shared a fundamental belief that economics, grounded in empirical research, is a powerful tool to understand human behavior. While Friedman is known for his lasting contributions to macroeconomics and monetary economics, Becker is recognized for extending microeconomic analysis to a wide range of fields and topics. A collaboration of the University of Chicago Booth School of Business, Law School, Department of Economics, and the Harris School for Public Policy, the Institute builds bridges across disciplines and subfields of economics. Its research conferences, workshops, and initiatives bring economists and scholars from related fields together to share perspectives and refine ideas. The institute also sponsors an active visiting scholars program and offers programs and support for students and promising young researchers. The institute supports research initiatives in traditional Chicago strengths such as price theory, law and economics, and human capital, as well as topical inquiries into important policy issues such as fiscal imbalance, systemic risk, policy uncertainty, and economics of the family, and newer areas like field experiments in economics. The institute is cochaired by Lars Peter Hansen, a 2013 Nobel laureate who guides the intellectual agenda, and Kevin M. Murphy, a distinguished microeconomist who focuses on public outreach activities and development. An Institute Research Council of distinguished faculty from collaborating university units advises the cochairs.

^ "Becker Friedman Institute established at University of Chicago". June 17, 2011. 

External links[edit]

Official website

v t e

University of Chicago



The College Booth School of Business Divinity School Graham School of Continuing Liberal and Professional Studies Harris School of Public Policy Studies Law School Pritzker School of Medicine School of Social Service Administration


Argonne National Laboratory Becker Friedman Institute Center for Middle Eastern Studies Center for Population Economics Center for Research in Security Prices Chicago school of economics Committee on Social Thought Comprehensive Cancer Center Enrico Fermi Institute Fermilab James Franck Institute Institute of Politics Laboratory Schools Marine Biological Laboratory Medical Center National Opinion Research Center Obama Presidential Center Oriental Institute Paulson Institute Sonia Shankman Orthogenic School Toyota Technological Institute University of Chicago Press Yerkes Observatory

Residence halls

Burton–Judson Courts Snell–Hitchcock Housing at the University of Chicago


Bartlett Hall George Herbert Jones Laboratory Gerald Ratner Athletics Center Henry Crown Fieldhouse Hutchinson Commons Ida Noyes Hall Library

Joe and Rika Mansueto Library John Crerar Library Regenstein Library

Lorado Taft Midway Studios Midway Plaisance Quadrangle Club Renaissance Society Robie House Rockefeller Chapel Seminary Co-op Smart Museum of Art Stagg Field


Cannon v. University of Chicago Chicago Pile-1

Nuclear Energy

Graduate Library School University of Chicago sit-ins Kenwood Astrophysical Observatory Metallurgical Laboratory Old University of Chicago

Sports and traditions

Maroons Football Men's basketball Women's basketball Latke–Hamantash Debate Scavenger Hunt University Athletic Association

Student organizations

Band The Chicago Maroon Chicago Review Contemporary Chamber Players Doc Films Off-Off Campus Poetry Club Student Government Voices in Your Head WHPK



School of Business


School of Business

Nobel Laureates

Founded: 1890 Students: 15,726 Endowment: 7.550 billion

Coordinates: 41°47′24″N 87°35′52″W / 41.789936°N 87.597687°W / 41.