Milton Friedman (1912–2006)
Milton Friedman, awarded the 1976 Nobel Memorial Prize in Economic Sciences, became a leading voice for free markets, monetarism, and deregulation. His writings, from Capitalism and Freedom (1962) to Free to Choose (1980), reached both scholars and general audiences, influencing U.S. Federal Reserve policy and global economic debates. In Alabama, Friedman’s ideas have shaped discussions on taxation, banking, and education vouchers, and remain central to economics curricula at the state’s universities.
