Jennifer Burns

They're pretty atypical in that they don't stay in New York, you know, and they move to Rahway, New Jersey, and they put together a fairly middle-class life as kind of, they have a shop, they do some wholesale buying and selling, and then his father dies when he's 16. His life becomes more precarious, but it's never as precarious as he makes it out to be. He's got three older sisters.

They earn a good living. Incidentally, they all have better grades in high school than he does, but he's the one that goes to college. But it's actually really important that he loses his father figure because he's then looking for other father figures, and he meets two at Rutgers. One is Arthur Burns, who will go on to have— a huge influence in his career. No relation to me, by the way.

They earn a good living. Incidentally, they all have better grades in high school than he does, but he's the one that goes to college. But it's actually really important that he loses his father figure because he's then looking for other father figures, and he meets two at Rutgers. One is Arthur Burns, who will go on to have— a huge influence in his career. No relation to me, by the way.

They earn a good living. Incidentally, they all have better grades in high school than he does, but he's the one that goes to college. But it's actually really important that he loses his father figure because he's then looking for other father figures, and he meets two at Rutgers. One is Arthur Burns, who will go on to have— a huge influence in his career. No relation to me, by the way.

But Arthur Burns is like him, a fellow Jewish immigrant boy on the make. He's older. And he's making a career as an economist. And then there's Homer Jones, who has gone to the University of Chicago and is studying with Frank Knight at Chicago and says, you have to go to Chicago. So he has these two mentors. And Burns in particular suggests, oh... I could be an economist.

But Arthur Burns is like him, a fellow Jewish immigrant boy on the make. He's older. And he's making a career as an economist. And then there's Homer Jones, who has gone to the University of Chicago and is studying with Frank Knight at Chicago and says, you have to go to Chicago. So he has these two mentors. And Burns in particular suggests, oh... I could be an economist.

But Arthur Burns is like him, a fellow Jewish immigrant boy on the make. He's older. And he's making a career as an economist. And then there's Homer Jones, who has gone to the University of Chicago and is studying with Frank Knight at Chicago and says, you have to go to Chicago. So he has these two mentors. And Burns in particular suggests, oh... I could be an economist.

That could be my career path. You know, the idea to be an actuary for an insurance company, I'm not sure where he got that idea, but he just thought that was something he could do as someone who was good at math. And so the college really opens the perspective, opens the door. And then I think it's really key that, again, he doesn't get an explanation that he buys for the Great Depression.

That could be my career path. You know, the idea to be an actuary for an insurance company, I'm not sure where he got that idea, but he just thought that was something he could do as someone who was good at math. And so the college really opens the perspective, opens the door. And then I think it's really key that, again, he doesn't get an explanation that he buys for the Great Depression.

That could be my career path. You know, the idea to be an actuary for an insurance company, I'm not sure where he got that idea, but he just thought that was something he could do as someone who was good at math. And so the college really opens the perspective, opens the door. And then I think it's really key that, again, he doesn't get an explanation that he buys for the Great Depression.

So then he's looking for one. And the math part is a really interesting aspect of his career. Now, he actually comes to Chicago to study with a mathematical economist, Henry Schultz. But he gets there, and he thinks Schultz is kind of dumb. He really does. He's incredibly arrogant, and he just thinks this guy's not that smart.

So then he's looking for one. And the math part is a really interesting aspect of his career. Now, he actually comes to Chicago to study with a mathematical economist, Henry Schultz. But he gets there, and he thinks Schultz is kind of dumb. He really does. He's incredibly arrogant, and he just thinks this guy's not that smart.

So then he's looking for one. And the math part is a really interesting aspect of his career. Now, he actually comes to Chicago to study with a mathematical economist, Henry Schultz. But he gets there, and he thinks Schultz is kind of dumb. He really does. He's incredibly arrogant, and he just thinks this guy's not that smart.

And it seems that, I mean, Schultz did some really important work in the early stages of mathematical economics, but a lot of the oral histories about him are like, yeah, he wasn't that bright. Yeah. So Friedman's maybe onto something. So he falls into the set of students who are really enthralled with his other professor, Frank Knight. And Frank Knight is against math and economics.

And it seems that, I mean, Schultz did some really important work in the early stages of mathematical economics, but a lot of the oral histories about him are like, yeah, he wasn't that bright. Yeah. So Friedman's maybe onto something. So he falls into the set of students who are really enthralled with his other professor, Frank Knight. And Frank Knight is against math and economics.

And it seems that, I mean, Schultz did some really important work in the early stages of mathematical economics, but a lot of the oral histories about him are like, yeah, he wasn't that bright. Yeah. So Friedman's maybe onto something. So he falls into the set of students who are really enthralled with his other professor, Frank Knight. And Frank Knight is against math and economics.

Frank Knight is like a neoclassical economist, but not a mathematical economist. He's an old school liberal. He's really concerned about economics. liberal democracy, economic liberalism. And Friedman is very deeply influenced by Knight. And he continues to pursue mathematical economics.

Frank Knight is like a neoclassical economist, but not a mathematical economist. He's an old school liberal. He's really concerned about economics. liberal democracy, economic liberalism. And Friedman is very deeply influenced by Knight. And he continues to pursue mathematical economics.

Frank Knight is like a neoclassical economist, but not a mathematical economist. He's an old school liberal. He's really concerned about economics. liberal democracy, economic liberalism. And Friedman is very deeply influenced by Knight. And he continues to pursue mathematical economics.

So he'll go, for part of his graduate career, he goes to Columbia University, where he actually gets his PhD from. And he works with a mathematical economist there. And so he comes out trained in what will eventually be econometrics and statistics and economics. His early publications are in statistics, but it's not really where his intellectual heart and soul are.