Milton Friedman
ID
Milton Friedman
Date & time
2014-02-20 17:17:52
created (User ID)
376
Modified by (user id)
353
Modified
27.09.2016 15:50:34
Organisation / project
VIDEO
31.07.1912
16.11.2006
ID
14
DATA_ID
User ID
0
Created
02.02.2014 00:00:00
created by
Stanislas Jourdan
Modified by (user id)
353
Modified
27.09.2016 15:50:34
modified by
Title
American economist, statistician, and writer who taught at the University of Chicago for more than three decades. He was a recipient of the 1976 Nobel Memorial Prize in Economic Sciences, and is known for his research on consumption analysis, monetary history and theory, and the complexity of stabilization policy. Friedman proposed the replacement of the existing U.S. welfare system with a negative income tax, a progressive tax system in which the poor receive a basic living income from the government According to the New York Times, His views in this regard were grounded in a belief that while "market forces ... accomplish wonderful things", they "cannot ensure a distribution of income that enables all citizens to meet basic economic needs"
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