Author

Milton Friedman

· American economist of the Chicago school, Nobel laureate in economics (1976)

Short biography: Milton Friedman in Great Lives

About Milton Friedman

Milton Friedman (1912–2006) was an American economist, born in Brooklyn to immigrants from Austro-Hungarian Ruthenia. He taught at the University of Chicago from 1946 to 1977, where he became the leading figure of the Chicago school, and later was a senior research fellow at the Hoover Institution. His work on consumption, monetary history and the theory of money won him the Nobel Memorial Prize in Economic Sciences in 1976. With his wife, the economist Rose Director Friedman, he wrote Free to Choose (1980), which accompanied a ten-part television series.

Notable works

On this site

Capitalism and Freedom

1962 · Postwar Contemporary · Political Theory

Capitalism and Freedom is Milton Friedman's short, plainly written case for limiting government and relying on competitive markets. It grew out of lectures he gave in 1956 at a series of conferences at Wabash College, and it was prepared for publication with the help of his wife, Rose Director Friedman.