![]() ![]() It is widely believed that politics and economics are separate and largely unconnected that individual freedom is a political problem and material welfare an economic problem and that any kind of political arrangements can be combined with any kind of economic arrangements. Here are 6 quotations from his copious works:ġ. He also brought his views to a national audience, on public television, through two PBS miniseries based on his book Free to Choose, in 19. His work in pioneering monetary theory at the University of Chicago would win him the Nobel Prize for Economic Sciences in 1976 and popularize a new school of free-market economics, “The Chicago School.” He went on to advise a host of political leaders around the world, including President Ronald Reagan and UK Prime Minister Margaret Thatcher. ![]() Milton Friedman was born on July 31, 1912. ![]()
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