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A new Friedman biography ably explores the economist's ideas but sidesteps the libertarian movement he was central to. The Best of Reason: Milton Friedman Was No Conservative Skip to main content
Milton Friedman (/ ˈ f r iː d m ən / ⓘ; July 31, 1912 – November 16, 2006) 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. [4]
Jennifer Burns' 2023 book, Milton Friedman: The Last Conservative, provides a comprehensive exploration of the life and ideas of Milton Friedman, an important figure in 20th-century economics. The book delves into Friedman's role in shaping modern economic thought, particularly his contributions to the understanding of inflation and the ...
Milton Friedman (1912–2006) is appointed professor of economics at the University of Chicago. [30] Previously a Keynesian, Friedman moves right under the influence of his close friend George Stigler (1911–1991). He founds the market-oriented Chicago School of Economics which reshapes conservative economic theory.
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American economist Milton Friedman advocated a basic income in the form of a negative income tax in his 1962 book Capitalism and Freedom, and again in his 1980 book Free to Choose. [ 125 ] [ 126 ] Austrian economist Friedrich Hayek advocated a guaranteed minimum income in his 1944 book The Road to Serfdom , and reiterated his support in his ...
Milton Friedman (1912–2006) stands as one of the most influential economists of the late twentieth century. A student of Frank Knight , he was awarded the Nobel Prize in Economics in 1976 for, among other things, A Monetary History of the United States (1963).