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Eugene F. Fama [Ideological Profiles of the Economics Laureates]

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  • Daniel B. Klein

Abstract

This profile resumes the Econ Journal Watch project exploring the ideological sensibilities of the economics laureates. Eugene Fama describes himself as a libertarian, and by his late twenties seems to have been well on the way towards such views. Like many Chicago economists, he firmed up those views during the 1960s and 1970s. He has not been outspoken, but he has lent his name to at least ten petitions, and events from 2008 called him into public discourse. He kindly provided answers to our questionnaire about his own ideological orientation over the course of his lifetime.

Suggested Citation

  • Daniel B. Klein, 2018. "Eugene F. Fama [Ideological Profiles of the Economics Laureates]," Econ Journal Watch, Econ Journal Watch, vol. 15(3), pages 365–375-3, September.
    • Handle: RePEc:ejw:journl:v:15:y:2018:i:3:p:365-375
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    References listed on IDEAS

    as
    1. Fama, Eugene F & French, Kenneth R, 1992. "The Cross-Section of Expected Stock Returns," Journal of Finance, American Finance Association, vol. 47(2), pages 427-465, June.
    2. Fama, Eugene F & Jensen, Michael C, 1983. "Agency Problems and Residual Claims," Journal of Law and Economics, University of Chicago Press, vol. 26(2), pages 327-349, June.
    3. Fama, Eugene F., 2017. "The Fama Portfolio," University of Chicago Press Economics Books, University of Chicago Press, number 9780226426846 edited by Cochrane, John H. & Moskowitz, Tobias J..
    4. Fama, Eugene F, 1991. "Efficient Capital Markets: II," Journal of Finance, American Finance Association, vol. 46(5), pages 1575-1617, December.
    5. Fama, Eugene F & Jensen, Michael C, 1983. "Separation of Ownership and Control," Journal of Law and Economics, University of Chicago Press, vol. 26(2), pages 301-325, June.
    6. Fama, Eugene F. & French, Kenneth R., 1993. "Common risk factors in the returns on stocks and bonds," Journal of Financial Economics, Elsevier, vol. 33(1), pages 3-56, February.
    7. Klein, Daniel B., 2014. "Knowledge and Coordination: A Liberal Interpretation," OUP Catalogue, Oxford University Press, number 9780199355327.
    8. Fama, Eugene F, 1970. "Efficient Capital Markets: A Review of Theory and Empirical Work," Journal of Finance, American Finance Association, vol. 25(2), pages 383-417, May.
    9. Fama, Eugene F, 1980. "Agency Problems and the Theory of the Firm," Journal of Political Economy, University of Chicago Press, vol. 88(2), pages 288-307, April.
    10. Fama, Eugene F & French, Kenneth R, 1996. "Multifactor Explanations of Asset Pricing Anomalies," Journal of Finance, American Finance Association, vol. 51(1), pages 55-84, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Financial regulation; residual claimant; agency;
    All these keywords.

    JEL classification:

    • G1 - Financial Economics - - General Financial Markets
    • G3 - Financial Economics - - Corporate Finance and Governance
    • B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925
    • B3 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals

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