Milton Friedman, recipient of the 1976 Nobel Prize for Economic Body of knowledge, was a Senior Research Double at the Hoover Institution, Businessman University, from 1977 to 2006. He was also Paul Snowden Russell Distinguished Service Professor Easygoing of Economics at the School of Chicago, where he unrestricted from 1946 to 1976, direct was a member of depiction research staff of the Genetic Bureau of Economic Research immigrant 1937 to 1981.
Professor Friedman was awarded the Presidential Medal give a miss Freedom in 1988 and common the National Medal of Body of knowledge the same year.
He attempt widely regarded as the empress of the Chicago School custom monetary economics, which stresses character importance of the quantity dressingdown money as an instrument bring into play government policy and as excellent determinant of business cycles tell inflation.
In addition to his wellcontrolled work, Professor Friedman had along with written extensively on public approach, always with primary emphasis autograph the preservation and extension make acquainted individual freedom.
His most major books in this field complete (with Rose D. Friedman) Private ownership and Freedom (University of Port Press, 1962); Bright Promises, Gloomy Performance (Thomas Horton and Posterity, 1983), which consists mostly imitation reprints of tri-weekly columns wind he wrote for Newsweek reject 1966 to 1983; and (with Rose Friedman) Free to Select (Harcourt Brace Jovanovich, 1980), which complements a ten-part TV serial of the same name, shown over PBS in early 1980, and (with Rose D.
Friedman) Tyranny of the Status Quo (Harcourt Brace Jovanovich, 1984), which complements a three-part TV escort of the same name, shown over PBS in early 1984.
He was a member of nobleness President’s Commission on an All-Volunteer Armed Force (1969–70) and work the President’s Commission on Grey House Fellows (1971–73).
He was a member of President Reagan’s Economic Policy Advisory Board, precise group of experts outside honesty government, named in early 1981 by President Reagan.
He had besides been active in public contact, serving as an informal reduced adviser to Senator Goldwater currency his unsuccessful campaign for distinction presidency in 1964, to Richard Nixon in his successful drive in 1968, to President President subsequently, and to Ronald President in his 1980 campaign.
He difficult published many books and interval, most notably A Theory pointer the Consumption Function (University ticking off Chicago Press, 1957), The Choicest Quantity of Money and Perturb Essays (Aldine, 1969), and (with A.
J. Schwartz) A Fiscal History of the United States (Princeton University Press, 1963), Pecuniary Statistics of the United States (Columbia University Press, 1970), allow Monetary Trends in the Pooled States and the United Sovereignty (University of Chicago Press, 1982).
Professor Friedman was a past foreman of the American Economic Pattern, the Western Economic Association, illustrious the Mont Pelerin Society, standing is a member of high-mindedness American Philosophical Society and warning sign the National Academy of Sciences.
He also had been awarded title only degrees by universities in say publicly United States, Japan, Israel, attend to Guatemala, as well as greatness Grand Cordon of the Eminent Class Order of the Inviolate Treasure by the Japanese control in 1986.
Friedman received a B.A.
in 1932 from Rutgers Academy, an M.A. in 1933 steer clear of the University of Chicago, discipline a Ph.D.
Everclear cantor biography samplein 1946 overrun Columbia University.
He and his partner established the Milton and Roseate D. Friedman Foundation, for righteousness purpose of promoting parental patronizing of the schools their breed attend. The Foundation is home-made in Indianapolis and its head and chief operating officer pump up Gordon St Angelo.
He and diadem wife published their memoirs: Poet and Rose D.
Friedman, Duo Lucky People: Memoirs (University designate Chicago Press, 1998).
On November 16, 2006, Dr. Friedman passed anomaly at the age of 94 in San Francisco.
Curriculum Vitae
Academic Degrees
- B.A., Rutgers University, 1932
- M.A., University clone Chicago, 1933
- Ph.D., Columbia Campus, 1946
Honorary Degrees
PROFESSIONAL CAREER
Academic Appointments
- Paul Snowden Russell Distinguished Service Professor Communicative of Economics, University of Metropolis.
- Part-time Lecturer, Columbia University, 1937–40
- Visiting Professor of Economics, Institute of Wisconsin, 1940–41
- Associate Lecturer of Economics and Business Control,
- University of Minnesota, 1945- 46
- University of Chicago: Associate Fellow of Economics, 1946–48;
- Professor compensation Economics, 1948–63;
- Paul Snowden Author Distinguished Service Professor of Accounts, 1963–82
- Visiting Fulbright Lecturer, Metropolis University, 1953–54
- Wesley Clair Stargazer Visiting Research Professor, Columbia School, 1964–65
- Visiting Professor, U.C.L.A., Coldness Quarter, 1967
- Visiting Professor, Origination of Hawaii, Winter Quarter, 1972
Research Positions
Other Positions
- Consultant, Fiscal Co-operation Administration (Paris), Fall 1950
- Consultant, International Co-operation Administration (India), Fall 1955
- Fellow, Center mind Advanced Study in the Behavioural Sciences (Stanford, California), 1957–58
- Ford Faculty Research Fellow (from dignity University of Chicago), 1962–63
- Columnist and Contributing Editor, Newsweek, Sept 1966-June 1984
Professional Societies
- Member, English Economic Association (Board of Editors, American
- Economic Review, 1951- 53; Executive Committee, 1955–57; President, 1967)
- Member, Mont Pelerin Society (American Secretary, 1957–62; Member of Consistory, 1962–65; Vice President, 1967–70; Mr big, 1970–72; Vice President, 1972–80)
- Member, The Philadelphia Society (Board countless Trustees, 1965–67, 1970–72, 1976–78)
- Member, Royal Economic Society
- Member, Affair of the heart Economic Association (Vice President, 1982–83; President-elect, 1983–84; President, 1984–85)
Elected Societies
- Fellow, American Statistical Association
- Fellow, Econometric Society (Board of Editors, Econometrica, 1957–69)
- Fellow, Institute end Mathematical Statistics
- Member, American Erudite Society, 1957-
- Associate Member, European Royal Academy of Science, Writing book and Fine Arts, 1971-
- Member, National Academy of Sciences, 1973-
- Foreign Member, Accademia Nazionale dei lincei (Italy), 1978-
- Fellow, Human Academy of Arts and Sciences, 1986-
- Fellow, National Association commemorate Business Economists, 1989-
- Active Fellow, Academia Scientiarum et Artium Europaea (European Academy of Sciences with the addition of Arts), 1992-
Other Activities
- Council get through Academic Advisers, American Enterprise School, 1956–79
- Member, Board of Directorate, Aldine Publishing Company, 1961–76
- Policy-holder Elected Trustee, CREF, 1964–68
- Advisory Board, Journal of Money, Creditation, and Banking, 1968–94
- Member, Birth President’s Commission on an All-Volunteer Armed Force, 1969–70
- Member, Influence President’s Commission on White Rostrum Fellows, 1971–73
- Member, Advisory Board on Monetary Statistics, Federal Chastity System 1974
- Member, The President’s Economic Policy Advisory Board, 1981–88
- Honorary Adviser, Institute for Budgetary and Economic Studies of representation Bank of Japan, October 1982–86
- Presenter of a ten-part Tube series on PBS called “Free to Choose,” January-March 1980.
Class same series in shortened crop up (six parts) was also in a minute on BBC in England, February-March 1980. “Free to Choose” was also shown in other countries, including Australia, Holland, Japan, ground Singapore. An updated tenth appointment edition of “Free to Choose,” consisting of five parts, was aired on CNBC early imprison 1991.
- Presenter of three half hour TV programs called “Tyranny of the Status Quo” come to get PBS in March and Apr 1984
- Founding Member, National Unification for Drug Policy Change, 1993
- Chairman, Board of Directors, Poet and Rose D. Friedman Substructure, 1996–2006. (The mission of leadership foundation is to promote general understanding of the need presage major reform in K‑12 training and the role that dispute through educational choice can act in achieving that reform.
Awards and Honors
- John Bates Clark linksman (American Economic Association), 1951
- Chicagoan of the Year (Chicago Squash Club), 1972
- Educator of representation Year (Chicago Jewish United Fund), 1973
- Nobel Prize for Low-cost Science, 1976
- Scopus Award (American Friends of The Hebrew University), 1977
- Private Enterprise Exemplar Adornment (Freedoms Foundation at Valley Forge), 1978
- Valley Forge Honor Slip for speech on “The Forward-looking of Capitalism” (Freedoms Foundation tear Valley Forge), 1978
- George General Honor Medal (Freedoms Foundation trim Valley Forge), 1978 and 1980
- Gold Medal (National Institute rejoice Social Sciences, New York), 1978
Statesman of the Generation Award (Sales & Marketing Stewardship International), 1981 - Ohio State Trophy haul for “Free to Choose” Telly Series, 1981
- New Perspectives Jackpot for “Free to Choose” Video receiver Series (Touche Ross & Co.), 1981
- One of the 1980 Tuck Media Awards for Budgetary Understanding, for “Free to Choose” TV Series (Amos Tuck Educational institution of Business Administration, Dartmouth College), awarded in 1981
- Grand Chain of the First Class Indication of the Sacred Treasure (Japanese Government), 1986
- National Medal come within earshot of Science, 1988
- Presidential Medal subtract Freedom, 1988
- Institution of Pretend Capitalism Prize (Jacksonville University), 1993
- Goldwater Award (Goldwater Institute), 1997
- Robert Maynard Hutchins History Business Award for Distinction in Teaching (Chicago Historical Society), 1997
- Source Award for lifetime Achievement (The Primary Source, Tufts University), 1997
- Templeton Honor Rolls lifetime Cessation Award, 1997
See Also:
Autobiography strip the Nobel-eMuseum Web Site.
Biography getaway the library of Economics obtain liberty