When1: 1953
When2: 1982
Who: Milton Friedman [Friedman, Milton]
What: economist
Where: USA
works\ Essays in Positive Economics [1953]; Theory of the Consumption Function [1957]; Optimum Quantity of Money and Other Essays [1969]; Capitalism and Freedom [1982: with Rose Friedman]
Detail: He lived 1912 to 2006, studied money supply and free markets, and suggested negative income tax. Capitalism is the most-efficient economic system. Capitalists manage, supervise, assume risks, and save. Capitalism provides individual economic and social freedom.
Social Sciences>Economics>History>Macroeconomics
6-Economics-History-Macroeconomics
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Date Modified: 2022.0224