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Milton Friedman was the leading voice of the Chicago School of Economics and a fierce advocate for free-market capitalism. His work on monetarism challenged the prevailing Keynesian consensus by argui...
Robert Lucas revolutionized macroeconomics with his 'rational expectations' hypothesis, which argues that individuals make decisions based on their expectations of future economic conditions. His 'Luc...
Louis Sullivan was an American architect known as the 'father of skyscrapers' and the 'father of modernism.' He was a key figure in the Chicago School, developing the concept that 'form follows functi...
George Stigler's work on information economics and regulation theory challenged the conventional wisdom about government intervention. He argued that regulation often benefits special interests at the...
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