What is Milton Friedman known for?
I am known for my advocacy of free markets and limited government intervention in the economy. My work, particularly with Anna Schwartz on monetary history, highlighted the role of money supply in economic fluctuations. I also championed monetarism, the idea that controlling the money supply is the key to stabilizing the economy, and that individual liberty is best served by economic freedom. My book 'Capitalism and Freedom' outlines many of these principles.
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