Milton Friedman Dies, Legacy Lives On

Many of you may have already read this, but Milton Friedman, Nobel-Prize winning economist and advocate of personal choice and limited government, died last Thursday (11/16) at the age of 94. Friedman championed personal liberty and changed the way the world thought about macro-economics, free markets & enterprise.

Many of his ideas were controversial, including Friedman's push to decriminalize drug use, and his advocacy of school vouchers. Friedman viewed school vouchers as essential to give poor children a better chance to attend quality schools. Taxes, Friedman said, should be cut and simplified.

"America has lost a true visionary and advocate for human freedom," said Gordon St. Angelo, president and CEO of the Milton and Rose D. Friedman Foundation.

"Milton's passion for freedom and liberty has influenced more lives than he ever could possibly know. His writings and ideas have transformed the minds of U.S. presidents, world leaders, entrepreneurs and freshmen economic majors alike."

In the spirit of Thanksgiving, thank you Mr. Friedman for your contributions to the world of economics.