Origin: From the core of the group being located at the University of Chicago.
chicago school - Investment & Finance Definition
Monetary theories that are closely linked with Milton Friedman, a noted monetarist and long-time professor at the University of Chicago. The monetarist theories that the Chicago School espouses say that the quantity of money in circulation and its rate of growth determines the level of economic activity and whether inflation occurs.Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.