Taxpayer group praises the many accomplishments of this Nobel Prize winning economist
Washington, DC- After an energetic and brilliant 94 years, Milton Friedman passed away today. Americans of all ages benefited from his unyielding belief in personal freedom and free-market principles.
Milton Friedman’s belief in lassiez –faire capitalism is largely responsible for the revival of classical liberalism in the 20th century and while a list of Milton Friedman’s accomplishments could span pages; several of his achievements are especially noteworthy. He received the Nobel Prize in 1976 for his work in economic science and twelve years later, 1988, received the Presidential Medal of Freedom and the National Medal of Science. Also, Mr. Friedman was the author of numerous books including A Theory of the Consumption Function, A Monetary History of the United States, and Capitalism and Freedom.
“Milton Friedman possessed one of the most remarkable minds in modern times.,” said Grover Norquist, president of Americans for Tax Reform. “We’ve lost one of the last great giants of economics. Without his strong defense of free-markets here at home, America may never have experienced the success it has.”
Aside from his many other endeavors, Milton Friedman strongly pressed the need for universal school vouchers. In effort to increase awareness for this reform, the Milton and Rose D. Friedman Foundation was created to educate the public about this issue.
“The mere fact that we are able to talk about school vouchers and have considered them, speaks volumes about the work Milton Friedman did on this issue,” continued Mr. Norquist. “Milton Friedman will be deeply missed by all.”