The University of Chicago Booth School of Business is rated as the top U.S. business school by Business Week magazine. The University of Chicago Booth School of Business and Economics Department are internationally renowned for their leadership in economic research, especially empirical research that tests theories against real world data to separate fact from fiction, reality from fantasy. They are particularly noted for their advocacy of free markets as the best method of organization of national economies and the international economy to achieve the highest level of well being for people with the greatest economic efficiency. Their work in industrial organization (“antitrust economics”) sets the standard in this field.
The Booth School is famous as the source of the modern theory of corporate finance, the efficient-market hypothesis of financial markets and the security-price database of the Center for Research in Security Prices.
As affirmation of their leadership in economic thought, approximately two-thirds of the Nobel Prizes in Economics have been awarded to scholars who are currently or were on their faculties or who were their students. While at the University of Chicago, Dr. Kamin had the exceptional benefit of studying with a number of professors who later received the Nobel Prize in Economics, including Professors Milton Friedman, George Stigler, Merton Miller and Ronald Coase.