Today, the nation and the science of economics lost a giant. Dr. Milton Friedman passed away from heart failure in San Francisco at the age of 94.
This man was a giant in the world of economics and was especially adored by conservatives for his groundbreaking work in free market and monetary theory. Ronald Reagan even called upon Dr. Friedman to serve as an advisor on his Economic Policy Advisory Board.
This blog will do no justice in honoring Dr. Friedman so please take a moment to visit Wikipedia’s presentation on this great economic theorist and leader.