Devine, James wrote: >The reason for the last qualification is that the University of Chicago >school of economics has especially low standards. A lot of their math isn't >virtuous at all.
I heard this story recently from a Chicago grad student. The day Pinochet was arrested, a U of C economist was discovered busily scribbling in the library. Visibly agitated, he explained that he was devising a model showing that the additional risk of arrest in the future would discourage political figures from taking necessary reform measures. Doug
