Daily Almanac for
Jul 23, 2008
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Milton Friedman

Age: 94

economist who championed free-market theory and advocated for less state power, predicting and accounting for 1970s “stagflation.” An academic scholar who gave rise to the conservative “Chicago School” of economists at the University of Chicago, he brought his views to the general public in bestselling books and on television. He was awarded the 1976 Nobel Prize in economic science.

Died: San Francisco, Nov. 16, 2006

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