Further the building that had served as a seminary for decades became home to the Department of Economics at the University of Chicago and the Becker Friedman Institute for Research in Economics, an institution named in part after Nobel laureate Milton Friedman, a public figure controversial primarily among collectivist academics.
He served for forty years as the president of the Chicago Theological Seminary, and also contributed his time and money to several mission organizations such as American Board of Commissioners for Foreign Missions and the Chicago Missionary Society.
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