Another indicator of the successful emergence of a new specialty is incorporation into teaching curricula and textbooks. As the developments described in chapter 2 were consolidated and extended, they entered the curricula of the leading business schools in the United States. In the mid 1960s, for example, Eugene Fama and Merton Miller began to collaborate in the teaching of finance at the University of Chicago's Graduate School of Business, a collaboration that led to their 1972 textbook The Theory of Finance. "To make the essential theoretical framework of the subject stand out sharply," wrote Fama and Miller, "we have pruned away virtually all institutional and descriptive material."

Donald MacKenzie, An Engine, Not a Camera, loc. 312