Milton Friedman

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Milton Friedman won the Nobel Prize in 1976 in economics. His book Free to Choose, written with his wife Rose, became a ten-part television series on PBS in early 1980. His son David Friedman has carried on his tradition of explaining the principles of the free market.

In economics circles, Friedman is classified as a monetarist, someone concerned with money and its effects. Friedman was born in New York in 1912. He worked at Columbia University and for the federal government, and became Professor of Economics at Chicago University, finding there like-minded colleagues, and founding with them the Chicago school of monetarist economics.

Friedman's visited Chile in 1975, during the dictatorship of Augusto Pinochet. Despite the Pinochet regime's policies of torture and murder of political opponents, in 1982 Friedman praised the dictatorship for having put into practice his economic ideas.

Friedman is currently affiliated with the Hoover Institution at Stanford University, where he maintains an official home page.

Bibliography

Capitalism and Freedom [ISBN: 0226264017]

Free to Choose : A Personal Statement

Monetary History of the United States, 1867-1960 (with Anna Schwartz)

Money Mischief : Episodes in Monetary History

Price Theory

Economic Freedom, Human Freedom, Political Freedom

Why Government Is the Problem