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  2. 4 days ago · Learn about the life and work of Milton Friedman, a U.S. economist and Nobel laureate who advocated free-market capitalism and monetarism as alternatives to Keynesian economics. Explore his influential theories on consumption, inflation, and stabilization policy.

  3. Jun 16, 2022 · Learn about Milton Friedman, the American economist who challenged Keynesian theory and founded monetarism. Find out his achievements, books, awards, and influence on policy and markets.

  4. Milton Friedman was an American economist and educator, one of the leading proponents of monetarism in the second half of the 20th century. He was awarded the Nobel Prize for Economics in 1976. Learn more about Friedman, including his contributions to economic theory, in this article.

  5. Milton Friedman (/ ˈ f r iː d m ən / ⓘ; July 31, 1912 – November 16, 2006) 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.

  6. Mar 14, 2024 · Summary. Milton Friedman, along with Friedrich Hayek and Ludwig von Mises, was a prominent advocate of free market capitalism and played a significant role in shifting mainstream political economy toward neoliberalism.

  7. This book made Milton Friedman a household name. Although much of his trailblazing work was done on price theory—the theory that explains how prices are determined in individual markets—Friedman is popularly recognized for monetarism .

  8. His seminal theory on consumption—that individuals spend and consume based on expectations of earnings over their lifetime, not just current income—is the precursor to modern models of consumption-savings decisions relevant for both macroeconomics and microeconomics.

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