Milton Friedman

Milton Friedman

Born

July 31, 1912

Died

November 16, 2006 (94 years old)

Known For

Acting

Place of Birth

Brooklyn, New York City, New York, USA

Milton Friedman was an American economist 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 second generation of Chicago price theory, a methodological movement at the University of Chicago's Department of Economics, Law School, and Graduate School of Business from the 1940s onward.