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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]
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.
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
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Vice President under Donald Trump, governor of Indiana, member of the U.S. House of Representatives from Indiana [125] [110] Senator Rand Paul: 1963– U.S. Senator from Kentucky, libertarian-leaning conservative, 2016 GOP presidential candidate and son of Ron Paul [126] Governor Sarah Palin: 1964–
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Alan O. Ebenstein argues that by the late 1960s, Friedman was "the most prominent conservative public intellectual at least in the United States and probably in the world." [166] Friedman advocated for greater reliance on the marketplace in lectures, weekly columns, books, and on television. According to Friedman, Americans should be "Free to ...
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 ...