Portrait of Milton Friedman, photograph by Bachrach Studios, New York, 1 January 1986.
Milton Friedman was an American economist and academic who was a professor at the University of Chicago and won the 1976 Nobel Memorial Prize in Economic Sciences. He is recognized as one of the most influential proponents of monetarism, an economic philosophy that emphasizes a reduction of inflation by controlling money supply through the Federal Reserve whilst reducing government spending. Friedman advised both President Ronald Reagan and Prime Minister Margaret Thatcher on their economic policies.
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Based on Wikipedia content that has been reviewed, edited, and republished. Original image by Bachrach Studios. Uploaded by Franco R. Batista Garcia, published on 07 May 2026. The copyright holder has published this content under the following license: Public Domain. This item is in the public domain, and can be used, copied, and modified without any restrictions. Please note that content linked from this page may have different licensing terms.
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Cite This Work
APA Style
Studios, B. (2026, May 07). Milton Friedman. World History Encyclopedia. https://www.worldhistory.org/image/21798/milton-friedman/
Chicago Style
Studios, Bachrach. "Milton Friedman." World History Encyclopedia, May 07, 2026. https://www.worldhistory.org/image/21798/milton-friedman/.
MLA Style
Studios, Bachrach. "Milton Friedman." World History Encyclopedia, 07 May 2026, https://www.worldhistory.org/image/21798/milton-friedman/.
