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Chicago Economists

Chicago. Friedman recommends Becker and Weiss for Earhart Fellowships, 1953

 

The following letter of recommendation by Milton Friedman provides us a glimpse of the young Gary Becker. It is also interesting to observe the language used to describe potential superstardom as opposed to more conventional stardom in economics. The next post will provide career information for the “other candidate”, Roger Weiss.

______________________

THE UNIVERSITY OF CHICAGO
Chicago 37, Illinois
Department of Economics

January 27, 1953

Mr. James A. Kennedy
Earhart Foundation
First National Bank Building
Ann Arbor, Michigan

IN RE: BECKER, Gary S.

Dear Mr. Kennedy:

I am writing at the suggestion of Professors William Paton [University of Michigan] and John Van Sickle [Wabash College] to propose two young men for Earhart fellowships in economics: Gary Becker and Roger Weiss.

Gary Becker is a young man who received his A.B. from Princeton. He was recommended to us by his Princeton teachers for a departmental fellowship in terms that we found hard to take really seriously—the best person that we have had in the last ten years; the best student that I have ever had, and the like. After observing him closely for the past year and a half, I am inclined to use similar superlatives: there is no other student that I have known in my six years at Chicago who seems to me as good as Becker or as likely to become an important and outstanding economist. Though only twenty two years old now, Becker has already published one paper in the American Economic Review[*] and has collaborated with one of his teachers at Princeton in a paper published in Economica.[**] Both are first rate papers. Becker needs to do one more full year of graduate work to fulfill his requirements for his Ph.D. Our department has granted him a fellowship in the past and will again; in addition I believe he is applying for a Social Science Research Fellowship. I have asked him to summarize briefly his plans for next year, and enclose his brief statement. [not in this Hoover file]

Becker has a brilliant, analytical mind; great originality; knowledge of the history of economic thought and respect for its importance; a real feeling for the interrelationships between economic and political issues; and a profound understanding of both the operation of a price system and its importance as a protection of individual liberty. This is one of those cases in which there is just no question at all about Becker’s being preeminently qualified for one of your fellowships. I wish I could look forward to being able to find a candidate this good every year, but that is asking for too much.

Roger Weiss, the other candidate I would like to propose, is also an extremely able young man—he is not in Becker’s class, but that is a measure of Becker’s extraordinary qualities, not a reflection of Weiss. He is of the quality of the very top group of our graduate students.—the best half-dozen or so each year out of our 125 to 175 graduate students. He did some of his undergraduate work here; spent last year at Cambridge, England on a fellowship, and returned here this year for further graduate work. Another year should see him with his Ph.D. He has just turned twenty three.

Weiss has been working on a topic that he got interested in in England, namely, the operation of British Exchange controls in the post-war period. He came to the conclusion that their effectiveness was greatly overrated and their adverse effects on the efficiency of British industry greatly underrated. He is trying to see how far a more detailed study will support these judgments and permit them to be spelled out.

Weiss has an excellent mind and a thorough knowledge of price theory and monetary theory. His major interest is in problems connected with money and international trade. He is hardworking, conscientious, and productive. Perhaps his strongest quality is his ability to organize material well and to present it both in writing and speech lucidly and with some distinction. I expect Weiss to become a productive scholar and to have a most desirable influence through his writings on public policy. I have asked him, too, to prepare a brief statement of his plans, which I enclose. [not in this Hoover file]

I may say that I have checked these recommendations with my colleagues H. Gregg Lewis and Frank H. Knight, who concur in them.

Sincerely yours,
[signed]
Milton Friedman

MF-FF

[Handwritten:] P.S. This letter was written just prior to receiving yours of the 23rd. Both men do of course plan to go into University teaching.

[* “…taken from a larger essay originally submitted as a senior thesis in the department of economics and social institutions of Princeton University.” A Note on Multi-Country Trade. The American Economic Review, Vol. 42, No. 4 (Sep., 1952), pp. 558-568.]

[** The Classical Monetary Theory: The Outcome of the Discussion (with William J. Baumol). Economica, New Series, Vol. 19, No. 76 (Nov., 1952), pp. 355-376.]

Source:  Hoover Institution Archives. Milton Friedman Papers, Box 194, Folder “Earhart Foundation…”.

Image Source:  Becker-Friedman Institute for Economics at the University of Chicago. Webpage “About Our Legacy”.