Milton Friedman on Freedom

Milton Friedman, recipient of the 1976 Nobel Memorial Prize for economic science, was a senior research fellow at the Hoover Institution from 1977 to 2006. He passed away on Nov. 16, 2006. Friedman was awarded the Presidential Medal of Freedom in 1988 and received the National Medal of Science the same year. He was widely regarded as the leader of the Chicago School of monetary economics, which stresses the importance of the quantity of money as an instrument of government policy and as a determinant of business cycles and inflation. Robert Leeson is a noted historian of economic thought. He has written or edited more than twenty-five books on leading economists, including Milton Friedman, A. W. H. Phillips, and Friedrich Hayek. Charles G. Palm is the deputy director emeritus of the Hoover Institution at Stanford University. As Hoover's chief archivist, he acquired the archives of Milton Friedman, Friedrich Hayek, Karl Popper, William F. Buckley's Firing Line, and Radio Free Europe/Radio Liberty, among others.