A half century ago, Milton Friedman's advocacy of free markets over government intervention and his prescription for inflation-fighting by central banks were treated as fringe notions by many economists. By the time the Nobel Prize-winning economist died yesterday at the age of 94, his views had helped to reshape modern capitalism.
A true libertarian! The first man to inspire me with his writings in my econ books. He changed my major, he changed how I look at the world. Milton and Leo have something in common.
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