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Author » Milton Friedman

Milton Friedman was born in 1912 in New York City and was graduated from Rutgers University before taking an M.A. at the University of Chicago and a Ph.D. at Columbia University. Professor Friedman taught for many years at the University of Chicago, where he was the Paul Snowden Russell Distinguished Service Professor of Economics. He has taught at the universities of Minnesota, Wisconsin, and Columbia and lectured at universities throughout the world, from Cambridge to Tokyo. In 1976 he became a senior research fellow at the Hoover Institution at Stanford University. That year, Professor Friedman was awarded the Nobel Memorial Prize in Economic Science. Among his best-known books are "Capitalism and Freedom", "Monetarist Economics", and (with Rose Friedman) "Free to Choose" and "Tyranny of the Status Quo".

Latest from Milton Friedman

Cooperation Between Capital-Rich and Labor-Rich Countries, Part 2

Part 1 | Part 2 The Common Market has an enormous opportunity. The Eastern European countries are a natural extension of the Common Market, and the Western European countries could benefit themselves and the Eastern European countries by opening ...

A Freedom Daily Classic Reprint: Medical Licensure

The medical profession is one in which practice of the profession has for a long time been restricted to people with licenses. Offhand, the question, "Ought we to let incompetent physicians practice?" seems to admit of only a negative ...

Fair versus Free

The Federal Communications Commission seeks to enforce a "fairness doctrine" on radio and TV stations. We suffered numerous "fair trade" laws, until they were declared unenforceable. One businessman vies with another in proclaiming his faith in competition provided that ...

An Open Letter to Bill Bennett

In Oliver Cromwell's eloquent words, "I beseech you, in the bowels of Christ, think it possible you may be mistaken" about the course you and President Bush urge us to adopt to fight drugs. The path ...