Last year, fellow UCLAer Steve Globerman and I wrote a short book for Canada’s Fraser Institute on the distinctive UCLA school. It’s now out. We’re pretty proud of it. It’s part of Fraser’s series on particular economists and on schools of thought. The schools of thought books are harder to do because you have to decide whom to exclude or say little about.
The book is here.
Here are two paragraphs from Chapter 1:
The most important member of the School was Armen Alchian, who died in 2013. Alchian taught at UCLA from 1946 until his retirement in 1984. As you will see throughout this volume, Alchian’s insights and writings underlie a distinctive theme of the School’s approach to economics: in most productive activity, the profit motive, combined with privateRead More »