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TIME: Almanac 1995
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1994-03-25
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<text id=91TT2805>
<title>
Dec. 16, 1991: Died:George Stigler
</title>
<history>
TIME--The Weekly Newsmagazine--1991
Dec. 16, 1991 The Smile of Freedom
</history>
<article>
<source>Time Magazine</source>
<hdr>
MILESTONES, Page 67
</hdr><body>
<p> DIED. George Stigler, 80, pioneering free-market economist;
in Chicago. Since 1958 Stigler and fellow University of Chicago
professor Milton Friedman helped to shape the so-called Chicago
school of economics, which promotes government deregulation. He
won the 1982 Nobel Prize in Economics for his path-breaking
research on industrial organization. His work, which was
characterized by rigorous scrutiny of data, led to a new
understanding of the connection between government regulation
and the economy.
</p>
</body></article>
</text>