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Milton Friedman

Milton Friedman (July 31, 1912 – November 16, 2006) was an American economist, statistician and writer. Having taught at the University of Chicago for several decades, Friedman was instrumental in the development of the Chicago school of economics. He spent years challenging socialism and advocating for a free market economic system with limited government. In 1976 he was awarded the Nobel Memorial Prize in Economic Sciences in part for his work on monetarism.


Fun Fact: Friedman was awarded the National Medal of Science and the Presidential Medal of Freedom in 1988.

 

If you are interested in learning more about Friedman's ideas, apply to one of FEE's Summer Seminars!

 

 

The Free Lunch Myth

 

 

Friedman Predicts Bitcoin

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November 2014

It's been 40 years since F. A. Hayek received his Nobel Prize. His insights, particularly on the distribution of knowledge and the impossibility of economic planning, remain hugely important today. In this issue, we look back on the influence of his work. Max Borders and Craig Biddle debate whether liberty must be defended from one absolute foundation, further reflections on Scottish secession, and how technology is already changing our world for the better--including how robots, despite the unease they cause, will only accelerate this process.
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