Milton Friedman: Free Market Economist

Milton Friedman: Free Market Economist Many consider Milton Friedman one of the greatest, just about prominent economists of the twentieth century. From his free market advocacy to his ideas of argument in education and less government, Milton Friedmans ideas have go past to change around the world. His contributions have arguably added tens of trillions of dollars to the world production over time (Ebenstein, 2007). Milton Friedman rose from vary humble beginnings to befit one of the most respected economists of his time. Born in 1912 to hapless Jewish immigrants in New York City, Friedman took his life in stride. We ever so had enough to eat and the family atmosphere was warm supportive, Freidman stated. His parents were innate(p) in a Hungarian community in what is straight off known as the Ukraine. They met in New York City as teens. When Milton was a year old the family moved to Rahway, New jersey where the Freidmans ran a dry-goods store (Lindbeck, 1992). Along with his sisters, Milton attended world schools and graduated from Rahway High School in 1928, shortly onward is 16th birthday. During that year, Miltons father died leaving his mother and deuce older sisters to support the family (Lindbeck 1992). Friedman attended Rutgers University on scholarship and acquire his B.A.

in 1932 (The Concise Encyclopedia of Economics, 2008). Although he specialized in mathematics, Friedman became interested in political economy and graduated with a major(ip) in both fields. Two professors, Homer Jones and Arthur Burns, made economics exciting and relevant, exclaimed Friedman, and helped him to obtain a scholarship to be his masters degree at the University of Chicago (Lindbeck, 1992). At the same time Milton was offered a mathematics scholarship to dark-brown University, which he turned down. His choice was inspired by the current Great Depression and his belief that economics could help clobber it (Doherty, 2007). Milton Friedman completed his Masters Degree in just one year in 1933. During... If you want to get a full essay, order it on our website: Ordercustompaper.com

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