Academicization opened finance jobs beyond the Chicago and MIT schools

Evidence

In a context of self-conscious “academicization,” the new financial economists who worked on a traditional business school topic, but in a sophisticated, mathematical, academic, discipline-based way were attractive targets for recruitment. In consequence, the new generation of finance academics could find jobs outside the Chicago-MIT axis. — Donald MacKenzie, An Engine, Not a Camera, 323

Categorization

• XREF: connects to: Ford Foundation funding drove business schools’ academicization in the 1960s — Donald MacKenzie, An Engine, Not a Camera: How Financial…, 322; Financial economics grew up in business schools, not economics departments — Donald MacKenzie, An Engine, Not a Camera: How Financial…, 35