Milton Friedman

1912 - 2006

Milton Friedman

Milton Friedman (; July 31, 1912 – November 16, 2006) 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 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 and young professors 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 later called "naive Keynesian" theory began with his 1950s reinterpretation of the consumption function. Read more on Wikipedia

Since 2007, the English Wikipedia page of Milton Friedman has received more than 4,319,102 page views. His biography is available in 91 different languages on Wikipedia making him the 8th most popular economist.

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  • 91

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    Effective Languages (L*)

  • 4.73

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Among economists, Milton Friedman ranks 8 out of 288Before him are Adam Smith, John Maynard Keynes, David Ricardo, John Stuart Mill, Thomas Robert Malthus, and Friedrich Hayek. After him are Vilfredo Pareto, Joseph Schumpeter, Alfred Marshall, Hjalmar Schacht, Ludwig von Mises, and Frédéric Passy.

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Among people born in 1912, Milton Friedman ranks 6Before him are Kim Il-sung, Alan Turing, Pope John Paul I, Eva Braun, and Jackson Pollock. After him are Wernher von Braun, Erich Honecker, Michelangelo Antonioni, Otto von Habsburg, John Cage, and Alfredo Stroessner. 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, James Brown, Stanisław Lem, Alfredo Stroessner, Saparmurat Niyazov, and Oriana Fallaci.

Others Born in 1912

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In United States

Among people born in United States, Milton Friedman ranks 97 out of 12,171Before him are Jackson Pollock (1912), Isadora Duncan (1877), Frank Lloyd Wright (1867), Bill Clinton (1946), Lyndon B. Johnson (1908), and Dustin Hoffman (1937). After him are Joan Baez (1941), Jim Morrison (1943), Linus Pauling (1901), H. P. Lovecraft (1890), Johnny Cash (1932), and Michael Douglas (1944).

Among ECONOMISTS In United States

Among economists born in United States, Milton Friedman ranks 1After him are Philip Kotler (1931), Paul Samuelson (1915), Herbert A. Simon (1916), Michael Porter (1947), Joseph Stiglitz (1943), Elinor Ostrom (1933), Gary Becker (1930), James Tobin (1918), Irving Fisher (1867), Thorstein Veblen (1857), and W. Edwards Deming (1900).