Milton Friedman (1912-2006)

Awarded the Prize “for his achievements in the fields of consumption analysis, monetary history theory for his demonstration of the complexity of stabilization policy.”

American economist. Friedman was born on July 31, 1912 at Brooklyn, New York. He graduated from Rutgers University in 1932. He obtained his M.A. at the University of Chicago in 1933 Ph.D. at the University of Columbia in 1946. He taught at the University of Minnesota, the University of Princeton the University of Chicago. During the academic year 1953-54, he was a Fulbright Visiting Professor at Gonville & Caius College, Cambridge University. He was Senior Research Fellow at the Hoover lnstitution of Stanford University. Friedman died on November 16, 2006 in San Francisco.
Major Works:
A Program for Monetary Stability (1960); Price Theory (1962); A Monetary History of the United States 1867-1960 (1