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Milton Friedman
Milton Friedman is the Paul Snowden Russell Distinguished Service Professor Emeritus of Economics at the University of Chicago. In 1976, Mr. Friedman was awarded the Alfred Nobel Memorial Prize in Economic Sciences "for his achievements in the fields of consumption analysis, monetary history and theory and for his demonstration of the complexity of stabilization policy."
Friedman began teaching at the University of Chicago in 1946, where he remained until retirement in 1977. He has been a Senior Fellow at the Hoover Institution since leaving Chicago.
Friedman was an economic advisor to the presidential campaigns of Barry Goldwater, Richard Nixon, and Ronald Regan.
He is a past president of the American Economic Association, the Western Economic Association, and the Mont Pelerin Society, and is a member of the American Philosophical Society and the National Academy of Sciences.
He has been awarded the John Bates Clark Medal which is given once every two years to the most outstanding American economist under the age of 40 in 1951, the Presidential Medal of Freedom in 1988, and received the National Medal of Science the same year.
Friedman has been awarded honorary degrees by universities in the United States, Japan, Israel, and Guatemala, as well as the Grand Cordon of the First Class Order of the Sacred Treasure by the Japanese government in 1986.
Friedman received a bachelor's in 1932 from Rutgers University, a master's in 1933 from the University of Chicago, and a PhD in 1946 from Columbia University.
