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Article: Friedman, Milton
- Article from:
- Gale Encyclopedia of U.S. Economic History
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FRIEDMAN, MILTON
Born July 31, 1912, in Brooklyn, New York, Milton Friedman (1912
–
) was raised in Brooklyn and Rahway, New Jersey. He was educated at Rutgers University, where he received his Bachelor's in Economics in 1932. In 1933, he received a Masters of Arts from the University of Chicago, where he worked as a research assistant for two years. Friedman then took a series of positions in government service which shaped his economic theories.
Friedman worked from 1935 to 1943 as an economist for the National Resources Committee, the National Bureau of Economic Research, and the Department of the Treasury. For the 1940
–
1941 school year, he took a break from his ...