Institute Will Give the U. of Chicago a Bad Name

By MARSHALL SAHLINS

The University of Chicago has announced the establishment of a multimillion-dollar Milton Friedman Institute for the study of economy and society on prime real estate it has acquired for that purpose adjacent to the central campus. The projected cost of the institute is $140- to $200-million, to be financed largely and directly by private donations — indeed, donors who contribute a million or more will thereby be qualified to participate in its academic deliberations. Why not also