Milton Friedman, R.I.P.

“Underlying most arguments against the free market is a lack of belief in freedom itself.”
--- Milton Friedman

Free Enterprise Watch mourns the passing of one of the intellectual giants of the 20th century, Milton Friedman. As the public face of the “Chicago School” of economics, Mr. Friedman believed government’s role was to stabilize money supply and then get out of the way. He was a tireless supporter of deregulation, low tax burdens and free trade.

The Wall Street Journal has an excellent summary of his life and economic philosophy. See here and here.

Our friends over at National Review said it best: “With [Milton Friedman’s] death on Wednesday, at the age of 94, liberty has lost a great friend and champion.” R.I.P.