Milton friedman: the last conservative pdf

I grew up with an interest in economics because my father was an economics professor. One of the lights in his intellectual firmament was Milton Friedman (1912-2006), who won the Nobel Prize in economics in 1976 for his work “in the fields of consumption analysis, monetary history and theory, and for his demonstration of the complexity of stabilization policy.”

Friedman is an icon for free-market capitalists searching for an alternative to Keynesian economics.

One of America’s most prominent 20th century statisticians and economists, he is the father of monetarism. He believed that monetary policy played an influential role in determining a country’s likelihood to experience an economic crisis.

Two of Friedman’s most well-known publications are A Monetary History of the United States, 1867-1960 and Capitalism and Freedom.

Milton Friedman’s Life

Friedman spent his early life on the East Coast.

He was born in New York City i