![]() ![]() Friedman was also awarded honorary degrees by universities in the United States, Japan, Israel and Guatemala, as well as the Grand Cordon of the First Class Order of the Sacred Treasure by the Japanese government in 1986. ![]() ![]() in 1933 from the University of Chicago and a Ph.D. The Foundation is based in Indianapolis and its president and chief executive officer is Robert C. Friedman Foundation, for the purpose of promoting parental choice of the schools their children attend. He and his wife established the Milton and Rose D. He is widely regarded as the leader of the Chicago School of monetary economics, which stresses the importance of the quantity of money as an instrument of government policy and as a determinant of business cycles and inflation. In 1976, he was awarded the Nobel memorial Prize in Economic Sciences for his achievements in the fields of consumption analysis, monetary history and theory, and for his demonstration of the complexity of stabilization policy. An advocate of economic freedom, Friedman made major contributions to the fields of macroeconomics, microeconomics, economic history and statistics. Milton Friedman (1912 - 2006) was an American Nobel Laureate economist and public intellectual. ![]()
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