UChicago Braces for $220M Deficit

Cue, for a university renowned as the intellectual defender of free markets, why do you seem to be conflicted with the concept of market values? Instead of pontificating endlessly about various misguided administrators who nearly tanked the university, perhaps you should spend more time thanking the Chicago School of Economics and luminaries like Milton Friedman, Gary Becker, and Eugene Fama for sustaining the university’s eminence in spite of the mistakes of Hutchins and others.