Milton-Friedman-Obituary

Milton Friedman

Obituary

SAN FRANCISCO (AP) – Milton Friedman, the Nobel Prize-winning economist who advocated an unfettered free market and had the ear of Presidents Nixon, Ford and Reagan, died Thursday. He was 94.

Friedman died in San Francisco, said Robert Fanger, a spokesman for the Milton and Rose D. Friedman Foundation in Indianapolis. He did not know the cause of death.

In more than a dozen books and in his column in Newsweek magazine, Friedman championed individual freedom in economics and politics.

His theory of monetarism, adopted in part by the Nixon, Ford and Reagan administrations, opposed the traditional Keynesian economics that had dominated U.S. policy since the New Deal. He was a member of Reagan's Economic Policy Advisory Board.

His theories won him a Nobel Prize in economics in 1976.

Copyright © 2006 The Associated Press

Guest Book

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Condolences. Sorry for the loss. May fond memories fill the hearts and minds of family and friends. WC Florida

June 17, 2009

Milton Friedman, you will be missed. The nation's flailing around can certainly use your insight and guiding hand given the current situation.

Thank you for all that you lectured and God Bless.

Tom Stavridis, Prescott, AZ

Milton Friedman was a giant of liberty, he will be sorely missed. His "Free to Choose" was a life changing book for me. I have given it to many people.

Professor Friedman reshaped a generation's views on how the economy worked and the power of free choice. I am one of those he enlightened to the true source of wealth, economic liberty. He will be missed. Peace and comfort to his family and many friends

Mr. Freidman was an inspiration to me in Graduate school and literally changed my career plans to allow me to go into the teaching of economics. Over 25 years I have taught the monetary policy theories of Mr Freidman to thousands of students. He made "common sense made difficult" easy to understand! Michael Davis

may god be with you you will be missed patricia a white

May God bless you and your family in this time of sorrow.

Professor Friedman was the last in a line of giants. Smith, Malthus, Ricardo, Mises, Hayek, Friedman -- they changed the world.

Milton will be missed by free people and those that hope to be free all around the world. His legacy will extend for many centuries to come. He is now one for the ages with Ayn Rand.