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Milton Friedman - Wikipedia, the free encyclopedia "Milton Friedman (born July 31, 1912) is an American economist, known for his work on macroeconomics, microeconomics, economic history, statistics, and for his advocacy of laissez-faire capitalism. In Capitalism and Freedom (1962) he minimized the role of government in a free market in order to create political and social freedom. In 1976 he won the Nobel Memorial Prize in Economics for his achievements in the fields of consumption analysis, monetary history and theory and for his demonstration of the complexity of stabilization policy. His television series Free to Choose, aired on PBS in early 1980; it became a book coauthored with his wife Rose Friedman. The book was widely read, as were his columns for Newsweek magazine. ..." |
| Images |
TheAdvocates.org - Milton Friedman 200x316 JPEG, color |
| Born |
| 31 Jul 1912, in New York City, New York |
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| Died |
| 16 Nov 2006, in San Francisco, California |
| Biography |
| Hoover Institution |
| Laissez Faire Books |
Nobel e-Museum Autobiography |
| Awards Received |
1976 Nobel Prize in Economic Sciences, granted by The Royal Swedish Academy of Sciences, The Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel Includes autobiography, prize lecture and banquet speech |
| Related Awards |
The Milton Friedman Prize for Advancing Liberty, granted by Cato Institute Biennial award given by the Cato Institute, in honor of Milton Friedman, to an individual who has made a significant contribution to advance human freedom. |
| Associations |
| Senior Research Fellow, Hoover Institution |
| Founder, Milton and Rose D. Friedman Foundation |
| President, 1970-72, Mont Pelerin Society |
| Web Sites |
Milton Friedman Day Declares January 29th as Milton Friedman Day to honor the late economist |
| Web Pages |
Milton Friedman - Libertarian Advocates for Self-Government |
| Bibliography |
Milton Friedman at IDEAS RePEc (Research Papers in Economics) |
| Articles |
Milton Friedman (1912-2006), by Richard M. Ebeling, Sheldon Richman, 17 Nov 2006 "At a time when popular writing that went against the collectivist grain had few mass outlets, Friedman managed to reach a wide audience with his clear and good natured-style. He accomplished this through many books, a long-running Newsweek column, and his 1980 television series, 'Free to Choose,' based on his bestselling book of the same title. " |
Milton Friedman 1912-2006, by Ron Paul, Ron Paul's Texas Straight Talk, 20 Nov 2006 "Milton Friedman was a strong advocate of economic liberty who opposed government intervention in both the purely economic and broader social spheres of our society. He believed not only in laissez-faire capitalism, but also the larger cause of individual liberty in the political sense." |
Milton Friedman RIP, by Walter Block, Mises.org Daily Article, 16 Nov 2006 Related Topics: Minimum Wage Laws, War on Drugs "I was amazed and delighted at his pugnaciousness in defense of liberty. He would engage seemingly everyone in debate on libertarian issues: waitresses, cameramen, the person placing the microphone on his lapel. He was tireless, humorous, enthusiastic. ... I remember coming away from that event with the thought that 'Milton Friedman is an intellectual tiger,' so overwhelming was he in that discussion." |
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Milton Friedman at 90, by Thomas Sowell, 29 Jul 2002 "... no one did more to dismantle both Keynesian economics and liberal welfare-state thinking. ... Milton Friedman not only excelled in the scholarly journals but also on the television screen, presenting the basics of economics in a way that the general public could understand." |
Milton Friedman, 1912-2006, by Hans F. Sennholz, 7 Dec 2006 Related Topic: Gold Standard "Few American economists have wielded as much influence on economic thought and policy as the late Milton Friedman. He was an articulate and ardent advocate of free markets and personal liberty. In 1962, his Capitalism and Freedom, which continues to be in print with nearly one million copies sold, pointed the way not only to economic but also political freedom." |
Milton Friedman, R.I.P., by Jacob G. Hornberger, 17 Nov 2006 "... I just happened to bump into Friedman and introduced myself. He spent the next 20 minutes or so talking with me as if he and I were equals. In fact, if I hadn't known differently, I would have never known he was a Nobel Prize winning economist or even that he was a major intellectual force in the world of economics. He displayed absolutely no pretentiousness whatsoever ..." |
Milton and Rose Friedman: Capitalism's Greatest Living Champions: Eight ways you can learn from their success, by Jim Powell, Jul 1992 "More than anyone else, Milton and Rose Friedman took a compelling case for free markets to the world. ... the Friedmans reached millions who probably never read a good book about freedom ... Smuggled versions of their work helped keep the torch of liberty burning in brutal police states." |
| Monetary Central Planning and the State, Part 24: Milton Friedman's Framework for Economic Stability, by Richard M. Ebeling, Freedom Daily, Dec 1998 |
| Monetary Central Planning and the State, Part 25: Milton Friedman and the Demand for Money, by Richard M. Ebeling, Freedom Daily, Jan 1999 |
| Monetary Central Planning and the State, Part 26: Milton Friedman and the Monetary "Rule" for Economic Stability, by Richard M. Ebeling, Freedom Daily, Feb 1999 |
| Monetary Central Planning and the State, Part 27: Milton Friedman's Second Thoughts on the Costs of Paper Money, by Richard M. Ebeling, Freedom Daily, Mar 1999 |
Thank You, Milton Friedman, by Sheldon Richman, 20 Nov 2006 "And speaking of courage, Milton Friedman was an indispensable part of the effort to end the military draft in the 1970s. At the height of the Vietnam War, when the government was forcing young men to fight, kill, and die thousands of miles from home ..., Friedman put his prestige on the line and demanded that conscription be stopped." |
35 Heroes of Freedom: Celebrating the people who have made the world groovier and groovier since 1968, Reason, Dec 2003 Related Topics: Reason's 35 Heroes of Freedom, John Ashcroft, Jeff Bezos, Norman Borlaug, Stewart Brand, William S. Burroughs, Curt Flood, Larry Flynt, Barry Goldwater, Václav Havel, Friedrich A. Hayek, Robert A. Heinlein, Jane Jacobs, Alfred E. Kahn, Brian Lamb, Rose Wilder Lane, Madonna, Nelson Mandela, Martina Navratilova, Willie Nelson, Richard M. Nixon, Les Paul, Ron Paul, Ayn Rand, Dennis Rodman, Louis Rossetto, Julian L. Simon, Thomas S. Szasz, Margaret Thatcher, Clarence Thomas, Ted Turner, Evan Williams, Philip R. Zimmermann "He's brought libertarian ideas both to a mass audience and to the elite ranks of policy makers, helped to end the draft and discredit wage and price controls, popularized the privatization of schooling and pensions, and made criticism of the war on drugs respectable." |
Party makes bid for Silicon Valley support, Libertarian Party News, Jan 1999 Related Topics: Libertarian Party, Daniel H. Fylstra, T. J. Rodgers |
Speaking of Inflation, by Stu Pritchard, M.D., Freedom Daily, Jan 2006 Related Topics: Inflation "About 25 years ago, Nobel Laureate Milton Friedman hosted a weekly series on TV titled Free to Choose. In one segment he asked, 'How can inflation be stopped?' Then, with money printing presses shown churning out paper money, he punched the stop button. 'That’s how,' he said with emphasis." |
| Writings |
An Open Letter to Bill Bennett, Wall Street Journal, 7 Sep 1989 Related Topic: War on Drugs "Drugs are a tragedy for addicts. But criminalizing their use converts that tragedy into a disaster for society, for users and non-users alike. Our experience with the prohibition of drugs is a replay of our experience with the prohibition of alcoholic beverages." |
The Case for Free Trade, Hoover Digest, 1997 Related Topic: Free Trade |
The Drug War as a Socialist Enterprise, 16 Nov 1991 From keynote address at Fifth International Conference on Drug Policy Reform |
| Interviews |
| Best of Both Worlds: Milton Friedman reminisces about his career as an economist and his lifetime "avocation" as a spokesman for freedom, by Brian Doherty, Reason, Jun 1995 |
| Books |
The Essence of Friedman by Kurt R. Leube, 1987 |
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| Books Authored |
A Monetary History of the United States, 1867-1960, 1963 Related Topics: Money, United States |
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Capitalism and Freedom, 1962 Related Topic: Capitalism |
- ISBN 0786100494: Audio cassette, Blackstone Audiobooks, 1993
- ISBN 0226264203: Hardcover, University Of Chicago Press, 40th anniv edition, 2002
- ISBN 0226264017: Paperback, University Of Chicago Press, 2nd edition, 1982
- ISBN 0226264211: Paperback, University Of Chicago Press, 40th anniv edition, 2002
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Free to Choose: A Personal Statement by Milton Friedman, Rose D. Friedman (Contributor), 1979 Related Topic: Individual Liberty |
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Friedman and Szasz on Liberty and Drugs: Essays on the Free Market and Prohibition by Milton Friedman, Thomas S. Szasz, 1992 Related Topic: War on Drugs |
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| Videos |
Free to Choose, 1990 Related Topic: Individual Liberty 5 videotapes |
Take It To The Limits: Milton Friedman on Libertarianism, Uncommon Knowledge, 10 Feb 1999 Related Topic: Libertarianism |
| The Economy's New Clothes: Milton Friedman on the New Economy, Uncommon Knowledge, 10 Mar 2000 |
The High and the Mighty: The War on Drugs, Uncommon Knowledge, 2000 Related Topic: War on Drugs A debate between Milton Friedman and Peter Wilson, former governor of California |
The Power of the Market, 1980 Related Topic: The Free Market Volume 1 of the PBS "Free to Choose" series. "Friedman explains how markets and voluntary exchange organize activity and enable people to improve their lives. He also explains the price system. Friedman visits Hong Kong, U.S. and Scotland." |
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