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Milton Friedman
Milton Friedman (July 31, 1912 – November 16, 2006) was anAmericaneconomist. He believed inmonetarism. Monetarism is the theory that how much money the government prints each year has a huge effect on the economy. He supported the government printing the same low rate of money each year rather than a different amount each year.
During the 1970s, Milton Friedman's idea of monetarism gained popularity and he became an economic advisor to PresidentRonald Reagan.
Friedman believed that the government control over the economy should be limited. He supported cutting taxes, lowering government spending, getting rid of government rules that limited the economy and letting parents choose which school their taxes paid for. His political views werelibertarian. He was against forcing people to join the army, and said that getting rid of United States militaryconscription was the thing he was most proud of doing.
Throughout several decades, Friedman made many documentaries, books, and interviews to express his views to the public. The main books he wrote wereCapitalism and Freedom andFree to Choose.
Friedman married Rose Director in 1938. Together, they had a son and a daughter. He wasagnostic.
