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born July 31, 1912, Brooklyn, New York, U.S. died November 16, 2006, San Francisco, California
![Milton Friedman.
[Credits : © Roger Ressmeyer/Corbis]](https://web.archive.org/web/20100210185236im_/http://media-2.web.britannica.com/eb-media/76/81676-003-B7422E5B.gif "Milton Friedman.
[Credits : © Roger Ressmeyer/Corbis]")
![American economist Milton Friedman criticizing government intervention in consumer product safety …
[Credits : Permission granted by the producers of Free to Choose; J. Fred MacDonald & Associates]](https://web.archive.org/web/20100210185236im_/http://media-2.web.britannica.com/eb-media/00/22600-003-59DFFC31.gif "American economist Milton Friedman criticizing government intervention in consumer product safety …
[Credits : Permission granted by the producers of Free to Choose; J. Fred MacDonald & Associates]")
American economist and educator, one of the leading proponents of monetarism in the second half of the 20th century. He was awarded the Nobel Prize for Economics in 1976.
Friedman was one year old when his family moved from Brooklyn, New York, to Rahway, New Jersey, where he grew up. He won a scholarship to Rutgers University, studied mathematics and economics, and earned a bachelor’s degree there in 1932. While at Rutgers he encountered Arthur Burns, then a new assistant professor of economics, whom Friedman ultimately regarded as his mentor and most ... (100 of 2201 words)
Aspects of the topic Milton Friedman are discussed in the following places at Britannica.
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(1912-2006). U.S. economist Milton Friedman was one of the leading proponents of monetarism-the view that the chief determinant of economic growth is the supply of money rather than fiscal policy. He was awarded the Nobel Prize for Economics in 1976.
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![American economist Milton Friedman criticizing government intervention in consumer product safety …
[Permission granted by the producers of Free to Choose; J. Fred MacDonald & Associates]](https://web.archive.org/web/20100210185236im_/http://www.britannica.com/static/bps-static-content/20100204-1344/images/darwin/shared/spacer_htc.gif "American economist Milton Friedman criticizing government intervention in consumer product safety …
[Permission granted by the producers of Free to Choose; J. Fred MacDonald & Associates]")
