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Berthold Frank Hoselitz (1913–1995) taught Economics and Social Science at the University of Chicago between 1945 and 1978. His analysis of the role of cultural and sociological factors in economic development was influential and contrasted to Chicago School models of self-interested maximizing behavior. Hoselitz was the founding editor of Economic Development and Cultural Change, a prominent journal in the new research field of economic development. At the Carnegie Institute of Technology Hoselitz taught a course in international economics in 1947–48 that was the only economics course that future Nobel Laureate John Nash took before Nash wrote his pathbreaking thesis on game theory and bargaining.

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