Friedman School of Economics

The Friedman School of Economics, based on the ideas of economist Milton Friedman, emphasizes the importance of free markets, individual choice, and limited government intervention in the economy. Friedman argued that economic freedom leads to greater prosperity and personal freedom. His work often focused on inflation control, the role of monetary policy, and advocating for a flexible exchange rate system. He believed that government should primarily provide a stable monetary framework rather than interfere in market operations. Overall, his theories have significantly influenced modern economic thought and policies worldwide.