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Welcome to The Chicago Newsletter!

In today’s edition:

• Upcoming Chicago Cubs games.

• Old Dominion expands Chicago service center.

• Caleb Williams solid in Bears' Week 1 win.

• And more…

Quote of the Week

"The most difficult thing is the decision to act, the rest is merely tenacity."

— Amelia Earhart

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Trivia

Who was the first woman to be elected mayor of Chicago?

A) Lori Lightfoot

B) Jane Byrne

C) Rahm Emanuel

D) Richard M. Daley

Answer to Last Week's Trivia:

The building considered the birthplace of the skyscraper in Chicago is B) The Home Insurance Building.

News

💼 Business

Old Dominion Freight Line expands in Chicago market with new service center. (link)

Efficio supply chain consultancy to expand Chicago team. (link)

🏒 Sports

No ‘wow’ plays for QB Caleb Williams but a Week 1 win: Brad Biggs’ 10 thoughts on the Chicago Bears. (link)

Chicago White Sox tally loss No. 112 — and franchise-record 13th straight at home. (link)

🏦 Finance

Illinois awards $25 million in grants for 37 EV charging projects. (link)

Upcoming Events

Here are some events that are happening in our city this week. There is a good mix between sports, entertainment, conferences, concerts, and more.

Sports

⚾ Chicago Cubs vs. Washington Nationals
Wrigley Field, Chicago, IL
Thursday, Sep 19th | 6:40 PM | More Info

⚾ Chicago Cubs vs. Washington Nationals
Wrigley Field, Chicago, IL
Friday, Sep 20th | 1:20 PM | More Info

Music & Concerts

🎸 Leprous w/ Monuments
Park West, Chicago, IL
Thursday, Sep 19th | 7:00 PM | More Info

🎷 Austin Williams + Hayden Coffman
Joe's on Weed Street 940 West Weed St. Chicago, IL
Thursday, Sep 19th | 8:00 PM | More Info

Family

🐦 UniverSoul Circus
Universoul Circus - Chicago - Washington Park, Chicago, IL
Friday, Sep 20th | 7:00 PM | More Info

Image of the Week

Every week, I have a habit of making some AI art about our city.

This week, I typed in “High-tech Chicago with a focus on robotics and automation” and this is what I got.

Let me know what ideas you have for this. I really enjoy making these types of photos.

Chicago Historical Events

1871: The Great Chicago Fire.

In 1871, the Great Chicago Fire ravaged the city, leaving a lasting impact on the history and development of Chicago. The fire, which began on October 8th and burned for three days, destroyed thousands of buildings and left nearly 100,000 residents homeless. The exact cause of the fire remains unknown, but it is believed to have started in or near a barn on the city's southwest side. The fire's devastation led to significant changes in urban planning, architecture, and fire safety regulations, ultimately shaping the modern city of Chicago.

The aftermath of the Great Chicago Fire spurred a remarkable period of rebuilding and innovation in the city. Architects and city planners seized the opportunity to redesign Chicago's urban landscape, leading to the construction of modern, fire-resistant buildings and the implementation of new safety measures. The fire also prompted the establishment of the first professional fire department in the city, marking a pivotal moment in Chicago's commitment to fire prevention and emergency response.

Today, the Great Chicago Fire is remembered as a pivotal event in the city's history, symbolizing the resilience and determination of Chicagoans in the face of adversity. The legacy of the fire lives on in the city's architecture, urban planning, and commitment to fire safety, serving as a reminder of the enduring spirit of Chicago and its ability to rise from the ashes and rebuild stronger than ever.

Famous People From Chicago

Milton Friedman (1912-2006) – Economist, Nobel Prize winner.

Milton Friedman, an influential economist and Nobel Prize winner, left a lasting impact on economic theory and policy. His work at the University of Chicago and his advocacy for free markets and monetarism shaped the economic landscape of the 20th century and beyond.

Early Life and Education (1912-1933)

Milton Friedman was born on July 31, 1912, in Brooklyn, New York. He showed an early aptitude for mathematics and economics, which led him to pursue higher education in these fields. In 1933, he earned a Master of Arts degree in economics at the University of Chicago, marking the beginning of his academic journey.

Connection to Chicago (1933-1946)

Friedman found an intellectual home at the University of Chicago when he joined the economics faculty in 1946. This period marked the start of his influential career as an economist and educator, where he mentored and influenced future leading economists.

Nobel Prize and Academic Contributions (1946-1976)

In 1976, Friedman was awarded the Nobel Memorial Prize in Economic Sciences for his groundbreaking research on consumption analysis, monetary history and theory, and the complexity of stabilization policy. His work at the University of Chicago and his academic contributions solidified his position as a leading figure in the field of economics.

Advocacy for Free Markets and Monetarism (1976-2006)

Throughout his career, Friedman became an articulate spokesman for free markets and free societies. He was a leading proponent of monetarism, advocating for the control of the money supply as a means to stabilize the economy. His advocacy and influence extended far beyond the academic realm, making him one of the most effective popularizers of libertarian ideas.

Legacy and Influence (Post-2006)

Milton Friedman's legacy continues to shape economic thought and policy. His uncompromising scholarship and promotion of the spirit of inquiry at the University of Chicago inspired the establishment of the Milton Friedman Institute in 2008. His ideas and contributions have had a lasting impact on economic theory and continue to be studied and debated by economists and policymakers worldwide.

Key Achievements of Milton Friedman:

• Nobel Memorial Prize in Economic Sciences in 1976 for his research on consumption analysis, monetary history and theory, and stabilization policy.

• Founding member of the Chicago school of economics and influential mentor to future leading economists.

• Advocate for free markets and monetarism, shaping economic policy and theory in the 20th century.

• Establishment of the Milton Friedman Institute at the University of Chicago to promote scholarship and the spirit of inquiry.

Milton Friedman's life and work reflect a dedication to advancing economic theory and policy, leaving a profound impact on the field of economics and the broader societal discourse. His legacy as a Nobel Prize-winning economist and influential advocate for free markets continues to inspire and shape economic thought.

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I would love to hear from you. Don’t be shy.

-Matthew Larsen

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