Milton Friedman
American economist (1912 to 2006); Nobel laureate and leader of the Chicago school.
At a glance
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- Milton Friedman was an American economist, a leader of the Chicago school of economics.
- He taught at the University of Chicago for 30 years, from 1946 to 1977.
- He won the 1976 Nobel Memorial Prize in Economic Sciences.
- He championed monetarism and the permanent income hypothesis.
Key facts
- Born
- 31 July 1912, Brooklyn, New York City1
- Died
- 16 November 2006, San Francisco, aged 941
- Taught
- University of Chicago, 1946 to 1977; then the Hoover Institution at Stanford1
- Prize
- Nobel Memorial Prize in Economic Sciences (1976)1
- Books
- Capitalism and Freedom (1962); A Monetary History of the United States, 1867–1960, with Anna Schwartz (1963)1
- Honours
- Presidential Medal of Freedom and National Medal of Science (1988)1
- Ideas
- Monetarism; the permanent income hypothesis; a natural rate of unemployment1
Connections
Links
Sources
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