Friedman, Hayek, and Director: The Chicago School of Law and Economics

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One of the most important legal reform movements of the twentieth century, the law and economics approach developed in the 1950s, most famously at the University of Chicago. Focused on institutions, ideas, and personalities, this talk covers the first efforts to apply economic logic to legal problems and the development of this method into a full-fledged intellectual movement, focusing on figures such as F.A. Hayek, Milton Friedman, and Aaron Director.
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I am a historian of the twentieth century United States working at the intersection of intellectual, political, and cultural history, with a particular interest in ideas about the state, markets, and capitalism and how these play out in policy and politics. My most recent book is Milton Friedman: The Last Conservative, the first full biography of the influential economist and political figure. My first book, Goddess of the Market: Ayn Rand and the American Right (Oxford, 2009), was an intellectual biography of the libertarian novelist Ayn Rand. For more on this book, watch my interviews with Jon Stewart and Steven Colbert, or check out my website. I have published articles about the history of conservatism, libertarianism, and liberalism in a number of academic and popular journals, including Reviews in American History, Modern Intellectual History, Journal of Cultural Economy, The New York Times, The New Republic, and Dissent.
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