Liberty has lost a leading light.
Milton Friedman, who has died aged 94, was the last of the great economists to combine possession of a household name with the highest professional credentials. In this respect he was often compared to John Maynard Keynes, whose work he always respected, even though he to some extent supplanted it.
Milton Friedman, the grandmaster of free-market economic theory in the postwar era and a prime force in the movement of nations toward less government and greater reliance on individual responsibility, died today in San Francisco, where he lived. He was 94.
FT.com / World / US & Canada - Milton Friedman, economist, dies aged 94
Milton Friedman, Free Markets Theorist, Dies at 94 - New York Times
