It was in the 1960s that I began the detailed study of public regulation.
---George Stigler---
This quote highlights a pivotal moment in the author's academic journey, emphasizing the importance of the 1960s as a period of deepening focus on public regulation. During this era, significant economic and political changes likely influenced Stigler's interest in how government regulates markets. His work during this time contributed to understanding regulatory processes and their impacts on economic efficiency. Recognizing the historical context of such research underscores the evolving nature of economic theories and policy analysis, illustrating how personal scholarly pursuits are often shaped by broader societal shifts.
