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Line 1: − '''Aaron Director''' (1901-2004) was a [[conservative]] [[economic]]s professor who built his department at the [[University of Chicago]] into the finest in the world. He was immensely influential in working with many [[Nobel]] laureates, including [[Milton Friedman]] (whom Director's younger sister Rose married), [[George Stigler]], and [[Ronald Coase]]. After he retired from the University of Chicago he accepted a position with the Hoover institution at [[Stanford University]].+ − − In 1958, Aaron Director founded the ''Journal of Law and Economics'', which caused enormous changes in [[antitrust]] law by encouraging courts to focus on price-fixing and large mergers rather than issues like resale [[price]] maintenance. − − In 1962, Director was co-founder of the Committee on a Free Society at the University of Chicago. It was created to "clarify and reinforce the tradition of individual [[liberty]] in its economic, political, historical and philosophical dimensions." − − In his youth, Director was a [[progressive]] (today he would have been called a [[liberal]]) who earned his college degree in three years at [[Yale]] and then became a [[history]] teacher. Later he went to graduate school at Chicago, and it was in one course there that switched to become a [[conservative]]. According to [[Ronald Coase]], a course taught by Professor Jacob Viner changed Director's political and economic views. "It is easy to understand why a solid course by this great teacher and great [[economist]] would have swept away like chaff in a windstorm the nebulous [[idealism]] and [[Socialist]] views of Director’s Yale days," Coase stated in ''Palgrave''.<ref>http://www-news.uchicago.edu/releases/04/040913.director.shtml</ref> − − Aaron Director's sister, Rose Director, married [[Milton Friedman]] and as Rose Friedman became an advocate for free choice in [[education]]. − − == References == − − <references/> − − [[category:economics]]
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