Milton Friedman

Milton Friedman was born in 1912 in Brooklyn, New York, the youngest of four children and only son of Jewish immigrants who worked as dry goods merchants. He grew up in Rahway, New Jersey, and studied at Rutgers University and the University of Chicago, where he met his future wife, the economist Rose Director; they married in 1938 and later wrote books together. In the 1930s and 1940s he worked for the federal government. He then taught at the University of Chicago for thirty years, becoming the leader of the 'Chicago School' of economics. He argued that the money supply strongly influences inflation and economic cycles, and with Anna Schwartz he wrote A Monetary History of the United States (1963). In Capitalism and Freedom (1962) he argued that economic freedom is necessary for political freedom and proposed ideas such as school vouchers and a flexible exchange rate. He won the Nobel Prize in Economics in 1976. With Rose he wrote Free to Choose (1980), also a television series. He died in San Francisco in 2006.

Milton Friedman is also an author in the library: author page and works.

Faith: Raised by moderately observant Jewish parents; after an intense religious period in childhood he became an agnostic. Source: Wikipedia