Are you an entrepreneur or a youth politician working your way up to develop your economic and financial character? Even if you aren’t one of the two, you must be concerned about your economy, aren’t you? So, let’s see Milton Freidman who was a genius in those what we just talked of.
Milton Friedman Biography
Dr. Milton Friedman was an economist and statistician born on 31 July 1912 in Brooklyn, New York City, U.S. As per the information provided, he was a man born in a middle-class family in the United States. He later received Nobel Memorial Prize in Economic Sciences for his research on consumption policy. In the era of economic growth in the U.S, he was one of few people who widely criticized the nation and its policy.
Milton died at the age of 94 years in San Francisco on 16 November 2006. The Reason for his death was heart failure.
Education & Career
After high school, he enrolled in Rutgers University and did BA. He then joined the University of Chicago and did MA. Milton later did Ph.D. from Columbia University.
He is often connected with Chicago Boys, the Chilean economists who improved Chile’s economy in just a decade.
Talking about his career, he was an advocate for the free market and freedom. He has several quotes regarding freedom, the free market, government, etc. As per his idea, a government is to be limited to Civil and Environmental causes only and not other causes including drugs. He is known to be one of the most successful debaters in history as he has always had a strong stand and a good basis for what he spoke.
If you put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand.
One of the audience once asked why not subsidize education and he was stunned to hear the answer, he later said he felt that Milton had answers for all the problems.
Milton Freidman in his active days protested and debated against the government for causing inflation. He is the author of several books such as Price Theory, The demand for money, Money Mischief, Free to Choose, Capitalism and Freedom, etc.
You can watch his videos to know more about him on YouTube.
Quick Information About Milton Freidman
|Full Name||Milton Freidman|
|Date of Birth||31 July 1912|
|Birthplace||Brooklyn, New York City, U.S.|
|Death||16 November 2006, San Francisco, California, U.S.|
|Profession||Economists & Statistician|
|Eye Color||Dark Brown|
Family & Relationship
|Father||Jenő Saul Friedman|
|Mother||Sára Ethel (née Landau|
|Children||David D. Friedman & Jan Martel|
Education and College
|Undergraduate Degree||BA||Rutgers University|
|Graduate Degree||MA||University of Chicago|
|Postgraduate Degree||PhD||Columbia University|