Milton Friedman
The late, Nobel-laureate economist and Becker Center board member was one of the most influential economists of the 20th century.
Learn about his legacy >

"The wide range of insightful and socially relevant analyses that this group of economists has generated...is testimony to the vitality and quality of this Chicago Initiative."
— Mr. Richard O. Ryan, MBA’66
Read More >

Welcome to the Becker Center

Announcement

This summer, two of the premier destinations for scholars around the world, the Becker Center for Price Theory and the Milton Friedman Institute, will merge to form the Becker Friedman Institute for Research in Economics. Learn More

The University of Chicago has a long and illustrious research tradition that combines rigorous economic thinking and careful, data-driven analysis.

This Chicago-style approach, often known as “Price Theory” because of the fundamental role that prices often play, has shed light not only on the most fundamental topics of traditional economics (e.g. consumption, saving, taxation, regulation), but also pioneered the use of economic tools in studying a wide range of other human behavior (e.g. crime and corruption, discrimination, marriage).

It is exemplified in the path-breaking work, among others, of Gary Becker, Ronald Coase, Milton Friedman, Sherwin Rosen, George Stigler. Read more>