Sea of Noise


Thu, 16 Nov 2006

Milton Friedman, RIP

Although I never met him, I am sad to report that Milton Friedman died today.

Friedman was not just a winner of the Nobel Prize in Economics, he was one of the most influential economists of the 20th century. Perhaps only John Maynard Keynes had as large an impact on the world at large. He made substantial technical contributions, of course; but he also articulated the relationship between capitalism and liberty, and did so in a way that the lay reader could understand.

Rest in peace, "Uncle Milton".

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