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George Stigler - sto let od narození
[100 Years Since the Birth of George Stigler]

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  • Marek Loužek

Abstract

The paper is concerned with the economic theory of George Stigler. First part outlines the life of George Stigler. Second part examines his dissertation "Production and Distribution Theories" (1941). Third part discusses his textbook "The Theory of Price" (1946). Forth part is devoted to his "Essays in the History of Economics" (1965). Fifth part analyzes the work "The Organization of Industry" (1968). Sixth part explains "The Theory of Economic Regulation" (1971). Seventh part discusses Stigler's book "The Citizen and the State" (1975). Eighth part presents his autobiography "Memoirs of an Unregulated Economist" (1988). Stigler has become famous thanks to articles "Economics of Information" (1961) and "Theory of Economic Regulation" (1971), which says that interest groups and other political participants will use the regulatory and coercive powers of government to shape laws and regulations in a way that is beneficial to them.

Suggested Citation

  • Marek Loužek, 2011. "George Stigler - sto let od narození [100 Years Since the Birth of George Stigler]," Politická ekonomie, Prague University of Economics and Business, vol. 2011(3), pages 407-424.
    • Handle: RePEc:prg:jnlpol:v:2011:y:2011:i:3:id:790:p:407-424
    DOI: 10.18267/j.polek.790
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    References listed on IDEAS

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    1. Demsetz, Harold, 1993. "George J. Stigler: Midcentury Neoclassicalist with a Passion to Quantify," Journal of Political Economy, University of Chicago Press, vol. 101(5), pages 793-808, October.
    2. McCann, C R, Jr & Perlman, Mark, 1993. "On Thinking about George Stigler," Economic Journal, Royal Economic Society, vol. 103(419), pages 994-1014, July.
    3. George J. Stigler, 1971. "The Theory of Economic Regulation," Bell Journal of Economics, The RAND Corporation, vol. 2(1), pages 3-21, Spring.
    4. Friedman, Milton, 1993. "George Stigler: A Personal Reminiscence," Journal of Political Economy, University of Chicago Press, vol. 101(5), pages 768-773, October.
    5. Wesley J. Yordon, 1992. "Stigler's Adaptable and Indivisible Plant and the Micro/Macro Schism," History of Political Economy, Duke University Press, vol. 24(2), pages 455-470, Summer.
    6. Craig Freedman, 2003. "Do Great Economists Make Great Teachers? George Stigler as a Dissertation Supervisor," The Journal of Economic Education, Taylor & Francis Journals, vol. 34(3), pages 282-290, January.
    7. Peltzman, Sam, 1993. "George Stigler's Contribution to the Economic Analysis of Regulation," Journal of Political Economy, University of Chicago Press, vol. 101(5), pages 818-832, October.
    8. Sowell, Thomas, 1993. "A Student's Eye View of George Stigler," Journal of Political Economy, University of Chicago Press, vol. 101(5), pages 784-792, October.
    9. Rosen, Sherwin, 1993. "George J. Stigler and the Industrial Organization of Economic Thought," Journal of Political Economy, University of Chicago Press, vol. 101(5), pages 809-817, October.
    10. Stigler, George J., 1983. "The Organization of Industry," University of Chicago Press Economics Books, University of Chicago Press, number 9780226774329, December.
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    More about this item

    Keywords

    Chicago School of Economics; George Stigler; theory of economic regulation;
    All these keywords.

    JEL classification:

    • B21 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Microeconomics
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation

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