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  1. More Images

    Milton Friedman

    American economist and statistician (1912–2006)

    Milton Friedman was an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy. With George Stigler, Friedman was among the intellectual leaders of the Chicago school of economics, a neoclassical school of economic thought associated with the work of the faculty at the University of Chicago that rejected Keynesianism in favor of monetarism until the mid-1970s, when it turned to new classical macroeconomics heavily based on the concept of rational expectations. Several students, young professors and academics who were recruited or mentored by Friedman at Chicago went on to become leading economists, including Gary Becker, Robert Fogel, and Robert Lucas Jr. Friedman's challenges to what he called "naive Keynesian theory" began with his interpretation of consumption, which tracks how consumers spend. Wikipedia

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  3. investopedia.com

    May 23, 2024Learn about Milton Friedman, a U.S. economist and Nobel laureate who advocated free-market capitalism and monetarism in the 20th century. Explore his education, career, achievements, and influence on modern economics and policy.
  4. britannica.com

    Jan 7, 2025Milton Friedman (born July 31, 1912, Brooklyn, New York, U.S.—died November 16, 2006, San Francisco, California) was an American economist and educator, one of the leading proponents of monetarism in the second half of the 20th century. He was awarded the Nobel Prize for Economics in 1976.
  5. nobelprize.org

    Learn about the life and achievements of Milton Friedman, the influential economist who received the Nobel Prize in Economic Sciences in 1976. Read his biographical sketch, from his childhood in Brooklyn to his academic career at Chicago and beyond.
  6. en.wikipedia.org

    Free to Choose: A Personal Statement is a 1980 book by economists Milton and Rose D. Friedman, accompanied by a ten-part series broadcast on public television, that advocates free market principles. It was primarily a response to an earlier landmark book and television series The Age of Uncertainty , by the noted economist John Kenneth Galbraith .
  7. encyclopedia.com

    Learn about the life and work of Milton Friedman, a Nobel laureate and influential economist who challenged Keynesian theory and advocated free markets. Explore his contributions to consumption, utility, quantity theory of money, and monetary policy.
  8. Milton Friedman was a 1976 Nobel Prize-winning American economist and advisor to President Ronald Reagan and conservative British Prime Minister Margaret Thatcher, among others. This week, a ...

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