In the second part of a series on economist Aaron Director and the origins of the Chicago School of Antitrust, Bill Kolasky retraced the path that led to Director’s return to Chicago after six years in the desert, most of which he spent as a statistician at various agencies in Washington, D.C., during World War II.

The article, published in the fall edition of the American Bar Association’s Antitrust Magazine, also examined Director’s early work in Chicago, which set the stage for his brilliant rethinking of antitrust policy in the 1950s as a professor in law and economics at the University of Chicago.

The article featured a photo of Director with Nobel Prize winners Milton Friedman and George Stigler. “Of the three, Director, like Socrates, published almost nothing, failing even to complete his Ph.D. dissertation,” Kolasky wrote. “Yet, through the writings of his disciples – especially Robert Bork and Richard Posner – he fundamentally reshaped antitrust policy worldwide in the 20th century.” 

Click here to view the full article.