Milton Friedman Dies at 94

This news came across my inbox today. With sadness, I must pass it along:

Milton Friedman, the Nobel Prize-winning economist who advocated an unfettered free market and had the ear of Presidents Nixon, Ford and Reagan, died Thursday. He was 94.

In more than a dozen books and in his column in Newsweek magazine, Friedman championed individual freedom in economics and politics.

His theories won him a Nobel Prize in economics in 1976.

Milton Friedman, in addition to his economic work, was a champion of individual freedom and bears his mark on the philosophy of the authors here. He is a central figure in the philosophy of libertarianism and free-market economics. He will be missed, but in that emotion, he will also be remembered.

As a blogger, I’m a regular reader of Catallarchy, where his grandson, Patri Friedman, posts. In addition, I regularly read Milton’s son David Friedman’s blog “Ideas”, and read his book, The Machinery of Freedom. Being involved in the world of blogging, reading their work (and sharing Patri’s affinity for poker), it makes something like this a little bit more personal. So I’d like to extend my condolences to both of them, and their entire family, for their loss.

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  • Jay and Agela Eckhardt

    To those we love, and those we hate. Here’s to Milton Friedman. RIP

  • Patri Friedman


  • The Tutor

    I recently discovered your blog and have been enjoying it.

    When my husband came home and told me that Milton Friedman had passed, I was in shock and very sad. We need to take Dr. Friedman’s advice an continue fighting the battle to keep men free. Thank you for contributing to that effort.

    The Tutor, Apollos Academy

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