Re: RE: Hetero Depts

[Doug Henwood <dhenwood@xxxxxxxxx>]

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