Milton Friedman: “Capitalism and Freedom”

Rights of Workers (Q&A)

“I’m not a Conservative, a conservative is someone who wants to keep things the same as they are, I am a liberal in the truest essence of the word. The modern liberal is only liberal with other people’s money. The word liberal, means oven pertaining to freedom, a true liberal is somebody who believes in freedom.” –  Milton Friedman

Milton Friedman (July 31, 1912 – November 16, 2006) was an American economist, statistician, and author who taught at the University of Chicago for more than three decades. He was a recipient of the Nobel Memorial Prize in Economic Sciences, and is known for his research on consumption analysis, monetary history and theory, and the complexity of stabilization policy.[1] As a leader of the Chicago school of economics, he influenced the research agenda of the economics profession. A survey of economists ranked Friedman as the second most popular economist of the twentieth century behind John Maynard Keynes,[2] and The Economist described him as “the most influential economist of the second half of the 20th century…possibly of all of it.”[3]

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