Description
The Milton Friedman Collection consists of awards and certificates, honorary degrees, and doctoral hoods. A handwritten manuscript
by Friedman is housed. Also included are obituraries of both Milton and his wife, Rose Friedman.
Background
Milton Friedman (July 31, 1912 — November 16, 2006) was an American economist, statistician, and a recipient of the Nobel
Memorial Prize in Economics. He is best known among scholars for his theoretical and empirical research, especially consumption
analysis, monetary history and theory, and for his demonstration of the complexity of stabilization policy. He was an economic
advisor to U.S. President Ronald Reagan. Over time, many governments practiced his restatement of a political philosophy that
extolled the virtues of a free market economic system with little intervention by government. Friedman's political philosophy,
which he considered classically liberal and libertarian, emphasized the advantages of free market economics and the disadvantages
of government intervention and regulation. Friedman's many books, scholarly articles, magazine columns, television programs,
videos and lectures cover a broad range of topics of microeconomics, macroeconomics, economic history, and public policy issues.