Who Won the 1976
Nobel Prize Economics

Milton Friedman

1975 Nobel Prize Economics Winner
1977  Winner

1976 Nobel Prize Economics Videos

1976 Nobel Prize Economics Photos

Milton Friedman News

1976 Nobel Prize Economics Winner Milton Friedman News

The Stimulative Effect of Redistribution

Federal Reserve Bank of San Francisco
Standard economic theory (Friedman 1956) suggests that if households can borrow and save, they will smooth their consumption over their lifetime. This means that their level of spending is .... Friedman, Milton. 1956. A Theory of the Consumption ...

1976 Nobel Prize Economics Winner Milton Friedman News

It Is as Bad as You Think: The Gap Between the Rich and the Poor is an ...

Mad In America
In Capitalism and Freedom Milton Friedman[xix], the high priest of neoliberalism (and one of Margaret Thatcher's heroes), argued that making a profit is the essence of democracy. If you agree with this then it follows that a government that implements ...

1976 Nobel Prize Economics Winner Milton Friedman News

Who Would Not Favor Economic Growth?

Teatro Naturale
There is a story, perhaps apocryphal, about Milton Friedman. While touring China, he came upon a team of nearly 100 workers building an earthen dam with shovels. Friedman pointed out that with a bulldozer, a single worker could create the dam in an ...

1976 Nobel Prize Economics Winner Milton Friedman News

The Greek Lesson: Never Underestimate The Ability Of Politicians To Screw Up

Forbes
Milton Friedman was pretty vocal on the subject for example. The way the euro was set up it just wasn't going to work. We didn't know what would be the disaster that overtook it, only that a monetary union, without fiscal union, across an area of such ...

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