Milton Friedman Quotes


If you ask me why I believe in human freedom, I don’t know. But it is the most important thing to me.


Citations

Milton Friedman, 1912-2006, 1912-2006, Nobel Laureate in Economics, Interview, PBS The Charlie Rose Show, December 26, 2005

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Most politicians and philosophers would argue that liberty is both an individual right and a group right. However there are money who do not recognize group rights and feel that they are inimical to individual rights.


Milton Friedman
Milton Friedman
  • Born: July 31, 1912
  • Died: November 16, 2006
  • Nationality: American
  • Profession: Economist

Milton Friedman 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 and others, Friedman was among the intellectual leaders of the Chicago school of economics, a neoclassical school of economic thought associated with the work of the faculty at the University of Chicago that rejected Keynesianism in favor of monetarism until the mid-1970s, when it turned to new classical macroeconomics heavily based on the concept of rational expectations. Several students and young professors who were recruited or mentored by Friedman at Chicago went on to become leading economists, including Gary Becker, Robert Fogel, Thomas Sowell and Robert Lucas Jr.