Obituaries

RIP Milton Friedman


Milton Friedman (July 31, 1912 – November 16, 2006) died today at the age of 94, a US Nobel prize-winning economist. He won the 1976 Nobel Laureate in Economics for his achievements in the fields of consumption analysis, monetary history and theory and for his demonstration of the complexity of stabilisation policy. Other awards he received are the John Bates Clark Medal in 1951, National Medal of Science in 1988 and the Presidential Medal of Freedom in 1988.

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