Friedman, Milton

Milton Friedman was a prominent economist known for his belief that free markets and limited government intervention lead to economic growth and individual freedom. He argued that economic decisions are best made by individuals and businesses rather than government. Friedman supported policies like reducing taxes, privatization, and monetary control to promote stability and prosperity. His work emphasized the importance of monetary policy over fiscal policy and challenged the idea that government spending could improve economic performance. Overall, his ideas have significantly influenced modern economic thought and debate about the role of government in the economy.