In 1969, economist Milton Friedman, after examining the history of business cycles in the U. S., concluded that " The Hayek-Mises explanation of the business cycle is contradicted by the evidence.

Likewise, Joseph E. Stiglitz, speaking not only on China but East Asia in general, comments " The countries that have managed globalization ... such as those in East Asia, have, by and large, ensured that they reaped huge benefits ..." According to The Heritage Foundation, development in China was anticipated by Milton Friedman, who predicted that even a small progress towards economic liberalization would produce dramatic and positive effects.

Economist Milton Friedman writes that corporate executives ' " responsibility ... generally will be to make as much money as possible while conforming to their basic rules of the society, both those embodied in law and those embodied in ethical custom ".< ref name = mf1970 >

This was later, in the 20th century, affirmed by economist Milton Friedman.

In the 1980s, Milton Friedman, the Nobel Prize-winning economist and father of Monetarism, contended that some of the concerns of trade deficits are unfair criticisms in an attempt to push macroeconomic policies favorable to exporting industries.

* Milton Friedman ( 1912 – 2006 )

In science and technology, Columbia alumni include: founder of IBM Herman Hollerith ; inventor of FM radio Edwin Armstrong ; inventor of the nuclear submarine Hyman Rickover ; founder of Google China Kai-Fu Lee ; scientists Stephen Jay Gould, Robert Millikan, Helium – neon laser inventor Ali Javan and Michael Pupin ; chief-engineer of the New York City subway William Barclay Parsons ; philosophers Irwin Edman and Robert Nozick ; and economist Milton Friedman

There was a revival of interest in classical liberalism in the 20th century led by Friedrich Hayek and Milton Friedman.

Monetarist economists such as Milton Friedman argue against the concept of cost-push inflation because increases in the cost of goods and services do not lead to inflation without the government and its central bank cooperating in increasing the money supply.

The 2007 print version of the Britannica has 4, 411 contributors, many eminent in their fields, such as Nobel Laureate economist Milton Friedman, astronomer Carl Sagan, and surgeon Michael DeBakey.

Conservative theorists such as Milton Friedman advocate school choice to promote excellence in education through competition.

Nobel Prize winning economist Milton Friedman argued for the modern concept of vouchers in the 1950s, stating that competition would improve schools and cost efficiency.

The Friedman Foundation for Educational Choice, founded by Milton and Rose Friedman in 1996, is a non-profit organization that promotes universal school vouchers and other forms of school choice.

Milton Friedman criticised the system, saying " I do not believe that CE Mr. Tsang's proposal is properly structured.

* Milton Friedman, " Public Schools: Make Them Private ," 1995

The free-market economist Milton Friedman supported equality-of-opportunity economic egalitarianism.

Many economists, following Milton Friedman, believe that the Federal Reserve inappropriately refused to lend money to small banks during the bank runs of 1929.

Free to Choose ( 1980 ) is a book ( ISBN 978-0-15-633460-0 ) and a ten-part television series broadcast on public television by economists Milton and Rose D. Friedman that advocates free market principles.

Milton Friedman won the Nobel Memorial Prize in Economics in 1976.

Category: Works by Milton Friedman

< p >— Milton Friedman * ( Hoover Institution )</ p >

He said, " We read Milton Friedman and F. A.

Milton Friedman declared himself " an enormous admirer of Hayek, but not for his economics.

The identification of the " free market " with " laissez faire " was notably used in the 1962 Capitalism and Freedom, by economist Milton Friedman, which is credited with popularizing this usage.

* Milton Fowler Gregg, VC laureate, politician

** Milton Friedman, American economist, Nobel Prize laureate ( d. 2006 )

One of Palast's professors was the Nobel laureate and eventual adviser to President Ronald Reagan, Milton Friedman.

Hayek himself praised the work, as did fellow Nobel Prize laureate Milton Friedman, who said that Hazlitt's description of the price system, for example, was " a true classic: timeless, correct, painlessly instructive.

* Milton Friedman, 1976 Nobel laureate in economics

Nobel laureate Milton Friedman described Henry George's tax on unimproved value of land as the " least bad tax ", since unlike other taxes, it would not impose an excess burden on economic activity ( leading to " deadweight loss "); hence, a replacement of other more distortionary taxes with a land value tax would improve economic welfare.

Nobel laureate Milton Friedman studied under Viner while attending the University of Chicago.

In his May 13, 2003 column for Jewish World Review, Elder explained reregistering as a Republican by quoting Nobel laureate economist Milton Friedman, who said, " I am a Republican with a capital ' R ,' and a libertarian with a small ' l.

On-campus speakers have included the late nobel laureate in economics, Milton Friedman, the late Israeli Foreign Minister, Abba Eban, Jimmy Carter, Michael Collins, Anderson Cooper, Jared Diamond, Gerald Ford, Stephen Jay Gould, Jesse Jackson, Coretta Scott King, Stephen King, Henry Kissinger, Richard Leakey, Dennis Lehane, Seyyed Hossein Nasr, William Proxmire, Paul Rusesabagina, Helmut Schmidt, Peter Singer, James Van Allen, Elie Wiesel, and Yevgeny Yevtushenko.

* An interview with pro-legalization Nobel laureate economist Milton Friedman

Together with his better known brother-in-law, Nobel laureate Milton Friedman, Director influenced a generation of jurists, including Robert Bork, Richard Posner, Antonin Scalia and Chief Justice William Rehnquist.

He was highly praised by Nobel laureate Milton Friedman just before his death.

* Milton Friedman ( Nobel Prize in Economics laureate )

Milton Friedman, Nobel economist and advocate of laissez-faire capitalism, sought to show that unionisation produces higher wages ( for the union members ) at the expense of fewer jobs, and that, if some industries are unionized while others are not, wages will tend to decline in non-unionized industries.

Winners of the Nobel Prize in Economics that fully support a basic income include Herbert A. Simon, Friedrich Hayek, Robert Solow, Milton Friedman, Jan Tinbergen, James Tobin

Others including Federal Reserve Chairman Ben Bernanke and Nobel Prize winning economist Milton Friedman place most or all of the blame for the severity of the Great Depression at the feet of the Federal Reserve, mostly due to the deliberate tightening of monetary policy.

* Friedman, Milton, Nobel lecture: Inflation and unemployment 1977

* Milton Friedman won the Nobel Memorial Prize in Economic Sciences in 1976 for " his achievements in the fields of consumption analysis, monetary history and theory and for his demonstration of the complexity of stabilization policy ".

* Several Cato Institute-affiliated scholars have achieved academic distinction, including Nobel laureates F. A. Hayek, Milton Friedman, James M. Buchanan, and Vernon L. Smith.

Most economists, including Nobel prize winners Milton Friedman and Paul Krugman, believe that free trade helps workers in developing countries, even though they are not subject to the stringent health and labour standards of developed countries.

The “ Miracle of Chile ” was a term used by free market Nobel Prize winning economist Milton Friedman to describe liberal and free market reorientation of the economy of Chile in the 1980s and the purported benefits of his style of economic liberalism.

The Mackinac Center often cites work by three Nobel Laureates who are unaffiliated with the Mackinac Center: Milton Friedman, who first proposed the concept of school choice, which is now promoted by the Center ’ s Education Initiative ; F. A.

The Nobel Prize – winning Chicago School monetarist economist Milton Friedman lauded Stossel, stating: " Stossel is that rare creature, a TV commentator who understands economics, in all its subtlety.

Milton Friedman, a Nobel Prize winner in economics, called Smith's Invisible Hand " the possibility of cooperation without coercion.

Some twelve economists engaged in the IEA's work have gone on to win the Nobel Prize in Economics: Gary Becker, James M. Buchanan, Ronald Coase, Milton Friedman, Friedrich Hayek, John Hicks, James Meade, Douglass C. North, Elinor Ostrom, Vernon L. Smith, George Stigler and Oliver E. Williamson.

However, monetarist and Nobel Prize winning economist, Milton Friedman once supported a 100 % reserve requirement for checking accounts.