George Joseph Stigler (January 17, 1911 – December 1, 1991) was a U.S. economist. He won the Nobel Memorial Prize in Economics in 1982.

Stigler is best known for developing the Economic Theory of Regulation, also known as capture, 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. This theory is an important component of the Public Choice field of economics. He also carried out extensive research into the history of economic thought.

His 1962 article "Information in the Labor Market" developed the theory of search unemployment.

Stigler was born in Seattle, Washington, and attended the University of Washington, Northwestern University, and received his Ph.D. from the University of Chicago in 1938. He was a founding member of the Mont Pelerin Society, and served as its president from 1976 to 1978.

See also

• Stephen Stigler, his son
• Stigler's conjecture

External links

• http://www.econlib.org/LIBRARY/Enc/bios/Stigler.html
• George Stigler's seminal studies of industrial structures, functioning of markets and causes and effects of public regulation.

1911 births | 1991 deaths | American economists | Mont Pelerin Society members | Nobel Prize in Economics winners | National Medal of Science recipients | University of Chicago alumni | University of Chicago faculty

George Stigler | George Stigler | George Stigler | George J. Stigler | ジョージ・スティグラー | George Stigler | George Joseph Stigler | Стиглер, Джордж | 喬治·斯蒂格勒