Whose Birthday Is It? July 31, 2017

Milton Friendman (1912)

Friedman was an American economist and a leading US advocate of monetarism, the belief that a nation’s money supply is the chief determinant of its economy. He wrote numerous books and was a frequent television commentator and magazine columnist, which made him one of the most publicly familiar US economists. Friedman served as an adviser to US presidents Richard Nixon and Ronald Reagan. To what South American country did he provide economic advice following a military coup? More…