The finance industry funded the academic databases that made financial economics possible.

Evidence

Through it flowed money, people, procedures, devices, and ideas. Despite the fact that its claims were controversial, financial economics received funding from the burgeoning finance industry in the United States, such as the stream of support that made possible the crucial stock-price databases produced by the University of Chicago’s Center for Research in Security Prices. β€” Donald MacKenzie, An Engine, Not a Camera, 1122

Categorization

  • XREF: Connects to the finance/financialization literature on how industry money shapes academic production. β€” connects to: Economists drove and profited from the commercialization of universities β€” Philip Mirowski, Never Let a Serious Crisis Go to Waste, 587; Central bank funding blurs whose interests academic economists serve β€” Philip Mirowski, Never Let a Serious Crisis Go to Waste, 524

Broader Connections