1.
Memphis, Tennessee
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Memphis is a city in the southwestern corner of the U. S. state of Tennessee and the county seat of Shelby County. The city is located on the fourth Chickasaw Bluff, south of the confluence of the Wolf, Memphis had a population of 653,450 in 2013, making it the largest city in the state of Tennessee. It is the largest city on the Mississippi River, the third largest in the greater Southeastern United States, the greater Memphis metropolitan area, including adjacent counties in Mississippi and Arkansas, had a 2014 population of 1,317,314. This makes Memphis the second-largest metropolitan area in Tennessee, surpassed by metropolitan Nashville, Memphis is the youngest of Tennessees major cities, founded in 1819 as a planned city by a group of wealthy Americans including judge John Overton and future president Andrew Jackson. A resident of Memphis is referred to as a Memphian, and the Memphis region is known, particularly to media outlets, as Memphis and the Mid-South. Occupying a substantial bluff rising from the Mississippi River, the site of Memphis has been a location for human settlement by varying cultures over thousands of years. The historic Chickasaw Indian tribe, believed to be their descendants, French explorers led by René-Robert Cavelier, Sieur de La Salle and Spanish explorer Hernando de Soto would encounter the Chickasaw in that area, in the 16th century. J. D. L. Chickasaw Bluffs, located on the Mississippi River at the present day location of Memphis, spain and the United States vied for control of this site, which was a favorite of the Chickasaws. The United States gained the right to navigate the Mississippi River, the Spanish dismantled the fort, shipping its lumber and iron to their locations in Arkansas. Captain Isaac Guion led an American force down the Ohio River to claim the land, by this time, the Spanish had departed. The forts ruins went unnoticed twenty years later when Memphis was laid out as a city, the city of Memphis was founded on May 22,1819 by John Overton, James Winchester and Andrew Jackson. They named it after the ancient capital of Egypt on the Nile River, Memphis developed as a trade and transportation center in the 19th century because of its flood-free location high above the Mississippi River. Located in the delta region along the river, its outlying areas were developed as cotton plantations. The cotton economy of the antebellum South depended on the labor of large numbers of African-American slaves. Through the early 19th century, one million slaves were transported from the Upper South, Many were transported by steamboats along the Ohio and Mississippi rivers. This gave planters and cotton brokers access to the Atlantic Coast for shipping cotton to England, the citys demographics changed dramatically in the 1850s and 1860s under waves of immigration and domestic migration. Due to increased immigration since the 1840s and the Great Famine, ethnic Irish made up 9.9 percent of the population in 1850, but 23.2 percent in 1860, when the total population was 22,623. They had encountered considerable discrimination in the city but by 1860 and they also gained many elected and patronage positions in the Democratic Party city government, and an Irish man was elected as mayor before the Civil War
2.
Chicago school of economics
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In the context of macroeconomics, it is connected to the freshwater school of macroeconomics, in contrast to the saltwater school based in coastal universities. Chicago macroeconomic theory rejected Keynesianism in favor of monetarism until the mid-1970s, the freshwater-saltwater distinction is largely antiquated today, as the two traditions have heavily incorporated ideas from each other. Other economists affiliated with Chicago have made their impact in fields as diverse as social economics, thus, there is not a clear delineation of the Chicago school of economics, a term that is more commonly used in the popular media than in academic circles. They met together in frequent intense discussions that helped set a group outlook on economic issues, the 1950s saw the height of popularity of the Keynesian school of economics, so the members of the University of Chicago were considered outside the mainstream. Nonetheless, these scholars had an important influence on the thought of Milton Friedman and George Stigler, most notably in the development of price theory, however, their relationship to the modern macroeconomists, led by Robert Lucas, Jr. and Eugene Fama, is more blurred. A further significant branching of Chicago thought was dubbed by George Stigler as Chicago political economy and his work was originally focused in labor economics. His work partly inspired the popular economics book Freakonomics and he is considered one of the founding fathers of Chicago political economy. Ronald Coase was the most prominent economic analyst of law and the 1991 Nobel Prize-winner and his first major article, The Nature of the Firm, argued that the reason for the existence of firms is the existence of transaction costs. Rational individuals trade through bilateral contracts on open markets until the costs of transactions mean that using corporations to produce things is more cost-effective, only the existence of transaction costs may prevent this. So, the law ought to pre-empt what would happen, the idea is that law and regulation are not as important or effective at helping people as lawyers and government planners believe. Coase and others like him wanted a change of approach, to put the burden of proof for positive effects on a government that was intervening in the market, by analysing the costs of action. Eugene Fama is an American financial economist who was awarded the Nobel Prize in Economics in 2013 for his work on asset pricing and is the seventh most highly cited economist of all time. In his tract, Railroads and American Economic Growth, Essays in Econometric History, Milton Friedman stands as one of the most influential economists of the late twentieth century. A student of Frank Knight, he won the Nobel Prize in Economics in 1976 for, among other things, Friedman argued that the Great Depression had been caused by the Federal Reserves policies through the 1920s, and worsened in the 1930s. Friedman argued that government policy is more desirable than government intervention in the economy. One of the great mistakes is to judge policies and programs by their intentions rather than their results, governments should aim for a neutral monetary policy oriented toward long-run economic growth, by gradual expansion of the money supply. He advocated the quantity theory of money, that general prices are determined by money, therefore, active monetary or fiscal policy can have unintended negative effects. The slogan that money matters has come to be associated with Friedman, lars Peter Hansen is an American economist who won the Nobel Prize in Economics in 2013 with Eugene Fama and Robert Shiller for their work on asset pricing
3.
Austrian School
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The Austrian School is a school of economic thought that is based on methodological individualism – the concept that social phenomena result from the motivations and actions of individuals. It originated in late-19th and early-20th century Vienna with the work of Carl Menger, Eugen Böhm von Bawerk, Friedrich von Wieser and it was methodologically opposed to the Prussian Historical School. Current-day economists working in this tradition are located in different countries. Austrians are likewise critical of mainstream economics, in 1883, Menger published Investigations into the Method of the Social Sciences with Special Reference to Economics, which attacked the methods of the Historical school. Gustav von Schmoller, a leader of the Historical school, responded with a review, coining the term Austrian School in an attempt to characterize the school as outcast. The label endured and was adopted by the adherents themselves, the school originated in Vienna, in the Austrian Empire. Carl Mengers 1871 book, Principles of Economics, is considered the founding of the Austrian School. The book was one of the first modern treatises to advance the theory of marginal utility. The Austrian School was one of three founding currents of the marginalist revolution of the 1870s, with its major contribution being the introduction of the subjectivist approach in economics. ”Mengers contributions to economic theory were closely followed by those of Böhm-Bawerk and Friedrich von Wieser. These three economists became what is known as the first wave of the Austrian School, several important Austrian economists trained at the University of Vienna in the 1920s and later participated in private seminars held by Ludwig von Mises. These included Gottfried Haberler, Friedrich Hayek, Fritz Machlup, Karl Menger, Oskar Morgenstern, Paul Rosenstein-Rodan Abraham Wald, by the mid-1930s, most economists had embraced what they considered the important contributions of the early Austrians. Fritz Machlup quoted Hayeks statement, the greatest success of a school is that it stops existing because its teachings have become parts of the general body of commonly accepted thought. Mises student, Israel Kirzner recalled that in 1954, when Kirzner was pursuing his PhD, after the 1940s, Austrian economics can be divided into two schools of economic thought, and the school split to some degree in the late 20th century. Henry Hazlitt wrote economics columns and editorials for a number of publications, hazlitts thinking was influenced by Mises. His book Economics in One Lesson sold over a million copies, and he is known for The Failure of the New Economics. Hayeks work was influential in the revival of laissez-faire thought in the 20th century, according to economist Bryan Caplan, by the late twentieth century, a split had developed among those who self-identify with the Austrian School. Caplan wrote that if Mises and Rothbard are right, then economics is wrong, Austrian economist Walter Block says that the Austrian school can be distinguished from other schools of economic thought through two categories – economic theory and political theory. However, both criticisms from Hoppe and Block to Hayek seem to apply to the founder of the Austrian School, Carl Menger, Hoppe emphasizes that Hayek, which for him is from the English empirical tradition, is an opponent of the supposed rationalist tradition of the Austrian School
4.
University of Chicago
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The University of Chicago is a private research university in Chicago, Illinois. It holds top-ten positions in national and international rankings and measures. The university currently enrolls approximately 5,700 students in the College, Chicagos physics department helped develop the worlds first man-made, self-sustaining nuclear reaction beneath the viewing stands of universitys Stagg Field. The university is home to the University of Chicago Press. With an estimated date of 2020, the Barack Obama Presidential Center will be housed at the university. Both Harper and future president Robert Maynard Hutchins advocated for Chicagos curriculum to be based upon theoretical and perennial issues rather than on applied sciences, the University of Chicago has many prominent alumni. 92 Nobel laureates have been affiliated with the university as professors, students, faculty, or staff, similarly,34 faculty members and 16 alumni have been awarded the MacArthur “Genius Grant”. Rockefeller on land donated by Marshall Field, while the Rockefeller donation provided money for academic operations and long-term endowment, it was stipulated that such money could not be used for buildings. The original physical campus was financed by donations from wealthy Chicagoans like Silas B, Cobb who provided the funds for the campus first building, Cobb Lecture Hall, and matched Marshall Fields pledge of $100,000. Organized as an independent institution legally, it replaced the first Baptist university of the same name, william Rainey Harper became the modern universitys first president on July 1,1891, and the university opened for classes on October 1,1892. The business school was founded thereafter in 1898, and the law school was founded in 1902, Harper died in 1906, and was replaced by a succession of three presidents whose tenures lasted until 1929. During this period, the Oriental Institute was founded to support, in 1896, the university affiliated with Shimer College in Mount Carroll, Illinois. The agreement provided that either party could terminate the affiliation on proper notice, several University of Chicago professors disliked the program, as it involved uncompensated additional labor on their part, and they believed it cheapened the academic reputation of the university. The program passed into history by 1910, in 1929, the universitys fifth president, Robert Maynard Hutchins, took office, the university underwent many changes during his 24-year tenure. In 1933, Hutchins proposed a plan to merge the University of Chicago. During his term, the University of Chicago Hospitals finished construction, also, the Committee on Social Thought, an institution distinctive of the university, was created. Money that had been raised during the 1920s and financial backing from the Rockefeller Foundation helped the school to survive through the Great Depression, during World War II, the university made important contributions to the Manhattan Project. The university was the site of the first isolation of plutonium and of the creation of the first artificial, in the early 1950s, student applications declined as a result of increasing crime and poverty in the Hyde Park neighborhood
5.
University of North Carolina
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UNC campuses conferred 43,686 degrees for 2008–2009, the bulk of which were Bachelors level with 31,055 degrees awarded. Founded in 1789, the University of North Carolina at Chapel Hill is the oldest public university in the United States, in 1877, the State of North Carolina began sponsoring additional higher education institutions. Over time the added a womens college, a land-grant university, five historically black institutions. Others were created to prepare teachers for public education and to instruct performing artists, during the Depression, the North Carolina General Assembly searched for cost savings within state government. The three campuses came under the leadership of just one board and one president, in 1971, North Carolina passed legislation bringing into the University of North Carolina all 16 public institutions that confer bachelors degrees. This round of consolidation granted each constituent institution a Chancellor and a Board of Trustees, in 1985, the North Carolina School of Science and Mathematics, a residential high school for gifted students, was declared an affiliated school of the university. In 2007, the school became a full member of the university. And all useful learning shall be encouraged, and promoted, in one or more universities. Article IX of the current version of the North Carolina Constitution deals with all forms of education in the state. Sections 8 and 9 of that address higher education. The General Assembly may enact laws necessary and expedient for the maintenance and management of The University of North Carolina, benefits of public institutions of higher education. Statutory provisions stipulate the current function and cost to students of the University of North Carolina, the oldest university, the University of North Carolina at Chapel Hill, first admitted students in 1795. The smallest and newest member is the North Carolina School of Science and Mathematics, a residential high school, founded in 1980. The largest university is North Carolina State University, with 34,340 students as of fall 2012, while the official names of each campus are determined by the North Carolina General Assembly, abbreviations are determined by the individual school. The enrollment numbers are the official headcounts from University of North Carolina website, http and this does not include the North Carolina School of Science and Mathematics, the figure for NCSSM is taken from its own website, http, //www. ncssm. edu/about-ncssm/facts. php. As of 1972, all public institutions in North Carolina are members of the University. List of colleges and universities in North Carolina North Carolina Community College System McGrath, Eileen, “The Great Depression and Its Impact on an Emerging Research Library, The University of North Carolina Library, 1929–1941, ” Libraries and the Cultural Record, 46#3 pp 295–320. Official website North Carolina, University of
6.
Gary Becker
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Gary Stanley Becker was an American economist. He was a professor of economics and sociology at the University of Chicago, a 2011 survey of economics professors named Becker their favorite living economist over the age of 60, followed by Ken Arrow and Robert Solow. He was known for arguing that many different types of behavior can be seen as rational. His approach included altruistic behavior of human behavior by defining individuals utility appropriately and he was also among the foremost exponents of the study of human capital. Becker was also credited with the rotten kid theorem, in 1965 he was elected as a Fellow of the American Statistical Association. Becker was a partner of TGG Group, a business. Becker won the John Bates Clark Medal in 1967 and he was elected a Fellow of the American Academy of Arts and Sciences in 1972, and was a member of the Mont Pelerin Society. Becker also received the National Medal of Science in 2000, a political conservative, he wrote a monthly column for Business Week from 1985 to 2004, alternating with liberal Princeton economist Alan Blinder. In 1996 Becker was an adviser to Republican Presidential Candidate Robert Dole. In December 2004, Becker started a joint weblog with Judge Richard Posner entitled The Becker-Posner Blog. The Becker-Posner Blog. uchicagolaw, Beckers first wife was Doria Slote, from 1954 until her death in 1970. The marriage produced two daughters, Catherine Becker and Judy Becker, in 1980 Becker married Guity Nashat, a historian of the Middle East whose research interests overlapped his own. Becker had two stepsons, Cyrus Claffey and Michael Claffey, from his second marriage, Becker died in Chicago, Illinois, aged 83, on May 3,2014, after complications from surgery at Northwestern Memorial Hospital. He was survived by his wife, two daughters, two stepsons, and four grandchildren. In 2014 he was honored in a three day conference organized at the University of Chicago, Becker received the Nobel Prize in 1992 for having extended the domain of microeconomic analysis to a wide range of human behaviour and interaction, including nonmarket behaviour. Discrimination as defined by Kenneth Arrow is the valuation in the place of personal characteristics of the worker that are unrelated to worker productivity. Personal characteristics can be physical features such as sex or race, or other such as a persons religion, caste. Becker often included a variable of taste for discrimination in explaining behavior and he believes that people often mentally increase the cost of a transaction if it is with a minority against which they discriminate. His theory held that competition decreases discrimination and his research found that when minorities are a very small percentage the cost of discrimination mainly falls on the minorities
7.
Friedrich Hayek
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Hayek shared the 1974 Nobel Memorial Prize in Economic Sciences with Gunnar Myrdal for his pioneering work in the theory of money and economic fluctuations and. Penetrating analysis of the interdependence of economic, social and institutional phenomena, Hayek served in World War I and said that his experience in the war and his desire to help avoid the mistakes that had led to the war drew him to his career. Hayek lived in Austria, Great Britain, the United States and he spent most of his academic life at the London School of Economics, the University of Chicago, and the University of Freiburg. In 1984, he was appointed a member of the Order of the Companions of Honour by Queen Elizabeth II on the advice of Prime Minister Margaret Thatcher for his services to the study of economics and he was the first recipient of the Hanns Martin Schleyer Prize in 1984. He also received the US Presidential Medal of Freedom in 1991 from President George H. W. Bush, in 2011, his article The Use of Knowledge in Society was selected as one of the top 20 articles published in The American Economic Review during its first 100 years. Friedrich August von Hayek was born in Vienna to August von Hayek, Friedrichs father, from whom he received his middle name, was also born in Vienna in 1871. He was a doctor employed by the municipal ministry of health, with passion in botany. August von Hayek was also a part-time botany lecturer at the University of Vienna, Friedrichs mother was born in 1875 to a wealthy, conservative, land-owning family. Hayek was the oldest of three brothers, Heinrich and Erich, who were one-and-a-half and five years younger than him and his fathers career as a university professor influenced Friedrichs goals later in life. Both of his grandfathers, who lived long enough for Friedrich to know them, were scholars, franz von Juraschek was a leading economist in Austria-Hungary and a close friend of Eugen Böhm von Bawerk, one of the founders of the Austrian School of Economics. Von Juraschek was a statistician and was employed by the Austrian government. Friedrichs paternal grandfather, Gustav Edler von Hayek, taught natural sciences at the Imperial Realobergymnasium in Vienna and he wrote systematic works in biology, some of which are relatively well known. On his mothers side, Hayek was second cousin to the philosopher Ludwig Wittgenstein and his mother often played with Wittgensteins sisters, and had known Ludwig well. As a result of their relationship, Hayek became one of the first to read Wittgensteins Tractatus Logico-Philosophicus when the book was published in its original German edition in 1921. Although Hayek met Wittgenstein on only a few occasions, Hayek said that Wittgensteins philosophy and methods of analysis had a influence on his own life. In his later years, Hayek recalled a discussion of philosophy with Wittgenstein, after Wittgensteins death, Hayek had intended to write a biography of Wittgenstein and worked on collecting family materials, and he later assisted biographers of Wittgenstein. Hayek displayed an intellectual and academic bent from a young age. He read fluently and frequently going to school
8.
Milton Friedman
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Friedmans challenges to what he later called naive Keynesian theory began with his 1950s reinterpretation of the consumption function. In the 1960s, he became the main advocate opposing Keynesian government policies and he theorized that there existed a natural rate of unemployment, and argued that employment above this rate would cause inflation to accelerate. He argued that the Phillips curve was, in the run, vertical at the natural rate. Friedman promoted an alternative macroeconomic viewpoint known as monetarism, and argued that a steady and his ideas concerning monetary policy, taxation, privatization and deregulation influenced government policies, especially during the 1980s. His monetary theory influenced the Federal Reserves response to the financial crisis of 2007–08. Friedman was an advisor to Republican U. S. President Ronald Reagan and his political philosophy extolled the virtues of a free market economic system with minimal intervention. He once stated that his role in eliminating U. S. conscription was his proudest accomplishment and his support for school choice led him to found the Friedman Foundation for Educational Choice, later renamed EdChoice. His books and essays have had influence, including in former communist states. Friedman was born in Brooklyn, New York on July 31,1912 and his parents, Sára Ethel and Jenő Saul Friedman, were Jewish immigrants from Beregszász in Carpathian Ruthenia, Kingdom of Hungary. They both worked as dry goods merchants, shortly after Miltons birth, the family relocated to Rahway, New Jersey. In his early teens, Friedman was injured in a car accident, a talented student, Friedman graduated from Rahway High School in 1928, just before his 16th birthday. In 1932, Friedman graduated from Rutgers University, where he specialized in mathematics and economics, during his time at Rutgers, Friedman became influenced by two economics professors, Arthur F. Burns and Homer Jones, who convinced him that modern economics could help end the Great Depression. After graduating from Rutgers, Friedman was offered two scholarships to do graduate work—one in mathematics at Brown University and the other in economics at the University of Chicago, Friedman chose the latter, thus earning a Master of Arts degree in 1933. He was strongly influenced by Jacob Viner, Frank Knight, and it was at Chicago that Friedman met his future wife, economist Rose Director. During the 1933–1934 academic year he had a fellowship at Columbia University and he was back in Chicago for the 1934–1935 academic year, working as a research assistant for Henry Schultz, who was then working on Theory and Measurement of Demand. That year, Friedman formed what would prove to be lifelong friendships with George Stigler, foreshadowing his later ideas, he believed price controls interfered with an essential signaling mechanism to help resources be used where they were most valued. During 1935, he work for the National Resources Committee. Ideas from this later became a part of his Theory of the Consumption Function
9.
Adam Smith
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Adam Smith FRSA was a Scottish economist, philosopher, and author. He was a philosopher, a pioneer of political economy. He is best known for two works, The Theory of Moral Sentiments, and An Inquiry into the Nature. The latter, usually abbreviated as The Wealth of Nations, is considered his magnum opus and the first modern work of economics. Smith studied social philosophy at the University of Glasgow and at Balliol College, Oxford, after graduating, he delivered a successful series of public lectures at Edinburgh, leading him to collaborate with David Hume during the Scottish Enlightenment. Smith obtained a professorship at Glasgow teaching moral philosophy, and during this time he wrote, in his later life, he took a tutoring position that allowed him to travel throughout Europe, where he met other intellectual leaders of his day. Smith laid the foundations of free market economic theory. The Wealth of Nations was a precursor to the academic discipline of economics. In this and other works, he developed the concept of division of labour, Smith was controversial in his own day and his general approach and writing style were often satirised by Tory writers in the moralising tradition of William Hogarth and Jonathan Swift. In 2005, The Wealth of Nations was named among the 100 Best Scottish Books of all time, the minor planet 12838 Adamsmith was named in his memory. Smith was born in Kirkcaldy, in the County of Fife and his father, also Adam Smith, was a Scottish Writer to the Signet, advocate, and prosecutor and also served as comptroller of the Customs in Kirkcaldy. In 1720 he married Margaret Douglas, daughter of the landed Robert Douglas of Strathendry and his father died two months after he was born, leaving his mother a widow. The date of Smiths baptism into the Church of Scotland at Kirkcaldy was 5 June 1723, and this has often been treated as if it were also his date of birth, Smith was close to his mother, who probably encouraged him to pursue his scholarly ambitions. He attended the Burgh School of Kirkcaldy—characterised by Rae as one of the best secondary schools of Scotland at that period—from 1729 to 1737, he learned Latin, mathematics, history, Smith entered the University of Glasgow when he was fourteen and studied moral philosophy under Francis Hutcheson. Here, Smith developed his passion for liberty, reason, in 1740 Smith was the graduate scholar presented to undertake postgraduate studies at Balliol College, Oxford, under the Snell Exhibition. Adam Smith considered the teaching at Glasgow to be far superior to that at Oxford, according to William Robert Scott, The Oxford of time gave little if any help towards what was to be his lifework. Nevertheless, Smith took the opportunity while at Oxford to teach several subjects by reading many books from the shelves of the large Bodleian Library. When Smith was not studying on his own, his time at Oxford was not a happy one, near the end of his time there, Smith began suffering from shaking fits, probably the symptoms of a nervous breakdown
10.
Ayn Rand
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Ayn Rand was a Russian-American novelist, philosopher, playwright, and screenwriter. She is known for her two best-selling novels, The Fountainhead and Atlas Shrugged, and for developing a philosophical system she called Objectivism, educated in Russia, she moved to the United States in 1926. She had a produced on Broadway in 1935–1936. After two early novels that were unsuccessful in America, she achieved fame with her 1943 novel. In 1957, Rand published her work, the novel Atlas Shrugged. Afterward, she turned to non-fiction to promote her philosophy, publishing her own magazines, Rand advocated reason as the only means of acquiring knowledge, and rejected faith and religion. She supported rational and ethical egoism, and rejected altruism, in art, Rand promoted romantic realism. She was sharply critical of most philosophers and philosophical traditions known to her, except for Aristotle, Thomas Aquinas, Literary critics received Rands fiction with mixed reviews, and academia generally ignored or rejected her philosophy, though academic interest has increased in recent decades. The Objectivist movement attempts to spread her ideas, both to the public and in academic settings and she has been a significant influence among libertarians and American conservatives. Rand was born Alisa Zinovyevna Rosenbaum on February 2,1905 and she was the eldest of the three daughters of Zinovy Zakharovich Rosenbaum and his wife, Anna Borisovna, largely non-observant Jews. Zinovy Rosenbaum was a successful pharmacist and businessman, eventually owning a pharmacy, with a passion for the liberal arts, Rand later said she found school unchallenging and she began writing screenplays at the age of eight and novels at the age of ten. At the prestigious Stoiunina Gymnasium, her closest friend was Vladimir Nabokovs younger sister, the two girls shared an intense interest in politics and would engage in debates at the Nabokov mansion, while Nabokova defended constitutional monarchy, Rand supported republican ideals. She was twelve at the time of the February Revolution of 1917, the subsequent October Revolution and the rule of the Bolsheviks under Vladimir Lenin disrupted the life the family had previously enjoyed. Her father’s business was confiscated and the family displaced and they fled to the Crimean Peninsula, which was initially under control of the White Army during the Russian Civil War. She later recalled that, while in school, she determined that she was an atheist. After graduating from school in the Crimea at 16, Rand returned with her family to Petrograd. At the university she was introduced to the writings of Aristotle and Plato, a third figure whose philosophical works she studied heavily was Friedrich Nietzsche. Able to read French, German and Russian, Rand also discovered the writers Fyodor Dostoevsky, Victor Hugo, Edmond Rostand, and Friedrich Schiller, along with many other bourgeois students, Rand was purged from the university shortly before graduating
