Milton Friedman Quotes
Society doesn't have values. People have values.
Most sociologists disagree in that the prevailing individual citizen values aggregate to some general norms and values of a society.
Milton Friedman, 1912-2006, Nobel Laureate in Economics, From Created Equal, an episode of the PBS Free to Choose television series 1980
Sourced by: Eigen's Political and Historical Quotations
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.