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Milton Friedman

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Milton Friedman's Biography

Milton Friedman (July 31, 1912 – November 16, 2006) was an American economist, statistician, and author who taught at the University of Chicago for more than three decades. He was a recipient of the Nobel Memorial Prize in Economic Sciences, and is known for his research on consumption analysis, monetary history and theory, and the complexity of stabilization policy. As a leader of the Chicago school of economics, he influenced the research agenda of the economics profession. A survey of economists ranked Friedman as the second most popular economist of the twentieth century behind John Maynard Keynes, and The Economist described him as "the most influential economist of the second half of the 20th century…possibly of all of it."

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Milton Friedman
Milton Friedman
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Milton Friedman News Stories

  • Ben Bernanke rejects Rajan's charge on QE impact

      News Source: The Economic Times | 1 day ago
    Highlighting the pre-requisite of an independent and responsible central bank. Former chairman of the US Federal Reserve Ben Bernanke chose Mumbai to extensively rebut Reserve Bank of India governor Raghuram Rajan's charge that quantitative easing in
  • Chicago's Nifty Pilot Program To Fix Our Student-Loan Mess

      News Source: Forbes | 3 days ago
    I write about innovation, careers and unforgettable personalities...Right now, he's taking advanced classes at Chicago's Dominican University, hoping to recast himself as a school principal. It's costing him $10,000 and he has no desire to get
  • Capitalism simply isn't working and here are the reasons why

      News Source: The Guardian | 5 days ago
    Thomas Piketty has mined 200 years of data to support his theory that capitalism does not work. Photograph: Ed Alcock for the Observer Suddenly, there is a new economist making waves and he is not on the right. At the conference of the Institute of

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