George Stigler was an American economist who was one of the leaders of the Chicago School of Economics. He received his MBA at Northwestern, where his interest in economics emerged. After receiving his Ph.D. from the University of Chicago, Stigler conducted research for the Manhattan Project during World War Two at Columbia University. His theory on economic regulation contributed greatly to the study of regulatory capture. Likewise, his 1961 article on the economics of information was said by Milton Friedman to have “essentially created a new area of study for economists.” He received the Nobel prize in 1982 for his “seminal studies of industrial structures, functioning of markets and causes and effects of public regulation.”

The Intellectual and the Marketplace (1963)

The Pleasures and Pains of Modern Capitalism (1982)