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 (frēd′mən), Milton 1912-2006.
American economist. He won a 1976 Nobel Prize for his theories of monetary control and governmental nonintervention in the economy.


(Biography) Milton. 1912–2006. US economist, particularly associated with monetarism; a forceful advocate of free-market capitalism; Nobel Prize for Economics (1976)
ˈFriedmanˌite n, adj


(ˈfrid mən)

1. Jerome, born 1930, U.S. physicist: Nobel prize 1930.
2. Milton, born 1912, U.S. economist: Nobel prize 1976.
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Noun1.Friedman - United States economist noted as a proponent of monetarism and for his opposition to government intervention in the economy (born in 1912)Friedman - United States economist noted as a proponent of monetarism and for his opposition to government intervention in the economy (born in 1912)
References in periodicals archive ?
So they are, but if you are a committed Friedmanite, the managers
Brown, Brendan "Why reserves at the Fed should pay no interest: how to cure a Friedmanite curse", Mises Daily, February 23 2016 https://mises.
Stripping the Fed of its quasi-independent status and transforming it into a handmaiden of the Treasury, as the AMI and early Friedmanite reform programs call for, would have several benefits.
Non-economists may find this intuitive, but it creates serious issues for the Friedmanite solution to the problem of heterogeneous moral perspectives.
Much as I like to think like that, in believe the idea of other prices falling to make relative price change happen is a Friedmanite fantasy.
Converts such as Margaret Thatcher and Ronald Reagan followed this Friedmanite admonition.
If Friedmanite monetarism was anything, it was naive about political economy.
Friedman's successors are divided over whether Ben Bernanke's Federal Reserve is following a Friedmanite path or is sowing a future of disastrous monetary instability.
The now-prevailing Milton Friedmanite economic dogma holds that a corporation that acts responsibly to the community is irresponsible.
Although much of the centre-right (and even some of the centre-left) still holds the Friedmanite view that "inflation is always and everywhere" about printing money, the empirical evidence suggests that this view is simply wrong.
So the Fed's actions during the 1987 crash were not a pure Friedmanite liquidity injection.
By contrast, NAFTA supporter and Glass-Steagall killer Bill Clinton appears in hind-sight to have been a president of Friedmanite conviction.