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Milton Friedman
AuthorBooks · Second hand1912-2006
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 faculty at the University of Chicago that rejected Keynesianism in favor of monetarism before shifting their focus to new classical macroeconomics in the mid-1970s. Several students, young professors and academics who were recruited or mentored by Friedman at Chicago went on to become leading economists, including Nobel laureates Gary Becker (1992), Robert Fogel (1993), and Robert Lucas Jr. (1995).
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Curiosities about Milton Friedman
Birth
1912
Death
2006
First book
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Years writing
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Milton Friedman was born in Brooklyn in 1912 and became one of the most influential economists of the 20th century.
His most notable work, Free to Choose, is a fundamental reference for understanding modern economic policy.
Beyond his work as an economist, he excelled as a university professor, statistician, and prolific essayist.
Throughout his career, he wrote nearly 200 works focusing on monetary policy and economic freedom.
His intellectual legacy remains a key piece for the study of economics in the United States and worldwide.