If asked to name a famous economist, most Americans would probably say Milton Friedman. Economists usually make their contributions behind the scenes at think tanks, government agencies or universities. Friedman has done that, but he also has taken his ideas and policy proposals directly to his fellow citizens through books, magazine columns and, especially, television.
It is not an exaggeration to say he has been the most influential American economist of the past century. He has changed policy not only here at home but also in many other nations, as much of the world has moved away from economic controls and toward economic freedom.
Milton Friedman marks his 90th birthday on July 31, 2002, and the Dallas Fed commemorates the occasion with this issue of Economic Insights. Happy birthday, Milton!
— Bob McTeer
President and Chief Executive Officer
Federal Reserve Bank of Dallas
My Summary :
That when people in america think of a famous economist, they always think of Milton Friedman. Everyone says he was the most influential economist in the past.
He changed the policy not only in america but in a lot other countries.
No comments:
Post a Comment