Phi Beta Cons

Which University Chased Away Two Nobel Winners?

Answer: University of Virginia. Back in the 1960s, the administration wanted to get rid of the deviationists in the economics department — Ronald Coase and James Buchanan. They were an embarrassment because they weren’t in agreement with the idea that government regulation is the best and only way to solve problems. Read about it here.

Hat tip: Leonard Liggio

George Leef is the director of research for the John William Pope Center for Higher Education Policy.

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