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AARON DIRECTOR, who helped change the way Americans think about law and economics, is dead at 102. Director co-founded the massively influential Journal of Law & Economics in 1958. Quotable:

[Director] wrote a review of Friedrich A. Hayek's "The Road to Serfdom," which had a British publisher but had been turned down for publication in America. Mr. Director urged the University of Chicago to publish what would become a landmark paean to free markets by a future Nobel laureate. The book sold more than 200,000 copies and precipitated Mr. Director's own long-held wish to join the faculty at his alma mater.

Here is the press release from the U. of Chicago. Posted by Greg Ransom | TrackBack