–Son of Sara and Jeno Friedman 1890s immigrant from Berehovo, Ukraine…. Orthodox Jewish upbringing….Rutgers… University of Chicago… Hoover Institute–Stanford… Leader of the Chicago “school of economics”… Developer of (laissez–faire) monetarism economics…Intellectual challenger of Keynesian (interventionist) economics.
Winner of Presidential Medal of Freedom, 1988.
Friedman: “There is no such thing as a free lunch”