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Milton Friedman

1912 - 2006

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Milton Friedman ( (listen); 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. With George Stigler and others, Friedman was among the intellectual leaders of the Chicago school of economics, a neoclassical school of economic thought associated with the work of the faculty at the University of Chicago that rejected Keynesianism in favor of monetarism until the mid-1970s, when it turned to new classical macroeconomics heavily based on the concept of rational expectations. Several students, young professors and academics who were recruited or mentored by Friedman at Chicago went on to become leading economists, including Gary Becker, Robert Fogel, Thomas Sowell and Robert Lucas Jr.Friedman's challenges to what he called "naive Keynesian theory" began with his interpretation of consumption, which tracks how consumers spend. Read more on Wikipedia

Since 2007, the English Wikipedia page of Milton Friedman has received more than 6,376,602 page views. His biography is available in 93 different languages on Wikipedia (up from 92 in 2019). Milton Friedman is the 7th most popular economist, the 105th most popular biography from United States (up from 113th in 2019) and the most popular American Economist.

Milton Friedman is most famous for his work on the causes of the Great Depression and the policies that were put in place to combat it.

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Among economists, Milton Friedman ranks 7 out of 315Before him are Adam Smith, Karl Marx, John Maynard Keynes, David Ricardo, Thomas Robert Malthus, and John Stuart Mill. After him are Friedrich Hayek, Vilfredo Pareto, Joseph Schumpeter, François Quesnay, Alfred Marshall, and Hjalmar Schacht.

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Among people born in 1912, Milton Friedman ranks 5Before him are Alan Turing, Kim Il-sung, Pope John Paul I, and Eva Braun. After him are Wernher von Braun, Jackson Pollock, Erich Honecker, Otto von Habsburg, Michelangelo Antonioni, Heinrich Harrer, and John Cage. Among people deceased in 2006, Milton Friedman ranks 5Before him are Saddam Hussein, Augusto Pinochet, Ferenc Puskás, and Slobodan Milošević. After him are Gerald Ford, Naguib Mahfouz, Stanisław Lem, Saparmurat Niyazov, James Brown, Desmond Doss, and Heinrich Harrer.

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In United States

Among people born in United States, Milton Friedman ranks 105 out of 18,182Before him are Meryl Streep (1949), Jim Morrison (1943), Richard Feynman (1918), Michael Douglas (1944), Edwin Hubble (1889), and Debbie Reynolds (1932). After him are Rosa Parks (1913), Barack Obama (1961), Nicolas Cage (1964), Gerald Ford (1913), Douglas MacArthur (1880), and Bhumibol Adulyadej (1927).

Among ECONOMISTS In United States

Among economists born in United States, Milton Friedman ranks 1After him are Philip Kotler (1931), Paul Samuelson (1915), Michael Porter (1947), Joseph Stiglitz (1943), Herbert A. Simon (1916), Elinor Ostrom (1933), Thorstein Veblen (1857), Gary Becker (1930), Douglass North (1920), Kenneth Arrow (1921), and W. Edwards Deming (1900).