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Milton Friedman

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Milton Friedman ( ; July 31, 1912 – November 16, 2006) 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).

Milton Friedman - Wikipedia Jump to content From Wikipedia, the free encyclopedia American economist and statistician (1912–2006) Milton Friedman Friedman in 1986 Born ( 1912-07-31 ) July 31, 1912 New York City , U.S. Died November 16, 2006 (2006-11-16) (aged 94) San Francisco , California, U.S. Political party Republican [ 3 ] Spouse Rose Friedman   ​ ( m.  1936) ​ Children David D. Friedman Jan Martel Academic background Education Rutgers University ( BA ) University of Chicago ( MA ) Columbia University (PhD) Doctoral advisor Simon Kuznets Influence

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