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Milton Friedman

economists of the 20th century would have to be Keynes.As well as being a Nobel Prize winner and just an overall brilliant man, Friedman served as Senator Barry Goldwater's informal economic advisor in 1964 and for Richard Nixon in 1968, then as President Nixon's advisor. He served as President Reagan's Economic Advisor on his Advisory Board in 1981. Friedman was awarded the Presidential Medal of Freedom in 1988 and received the National Medal of Science the same year. He was also a member of the President’s Commission on an All-Volunteer Armed Force and the President’s Commission on White House Fellows. He is a past president of the American Economic Association, the Western Economic Association, and the Mont Pelerin Society and is a member of the American Philosophical Society and the National Academy of Sciences. Friedman was awarded with many honorary degrees by universities in the United States, Japan, Israel, and Guatemala, as well as the Grand Cordon of the First Class Order of the Sacred Treasure by the Japanese government in 1986. He is known as the leader of the Chicago School of monetary economics. Milton Friedman is the author of many books and two public television series that he did with his wife Rose: Free to Choose(1980) and Tyranny of the Status Quo(1984). His most important books include Free to Choose and Tyranny of the Status Quo( both of which compliment the TV series), Capitalism and Freedom(1962 with Rose D. Friedman); and Bright Promises, Dismal Performance (1983), which consists mostly of reprints of tri-weekly columns that he wrote for Newsweek from 1966 to 1983. Also, A Theory of the Consumption Function(1957) and A Monetary History of the U.S.(1963 with A.J. Schwartz). Milton Friedman has a primary belief in the tenet of limited government. He describes himself as classic liberalism. Today's liberalism views are very opposite to Friedman's, and therefore he is often considered a Republican Liberta...

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