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Biography
Milton Friedman was an American economist who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory, and the complexity of stabilization policy. With George Stigler and others, Friedman was among the intellectual leaders of the second generation of Chicago price theory, a methodological movement at the University of Chicago's Department of Economics, Law School, and Graduate School of Business from the 1940s onward.
Awards & recognition
- New Jersey Hall of Fame · 2019
- Adam Smith Award · 1989
- National Medal of Science · 1988
- Presidential Medal of Freedom · 1988
- honorary doctor of Harvard University · 1979
Show all 11 awards →
- Prize in Economic Sciences in Memory of Alfred Nobel · 1976
- John Bates Clark Medal · 1951
- Fellow of the Econometric Society · 1949
- Fellow of the Institute of Mathematical Statistics · 1943
- Distinguished Fellow of the American Economic Association
- Fellow of the American Statistical Association
