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Milton Friedman's Contribution

17th Nov 2006, 01:52 GMT

Milton Friedman died today at the age of 94. His passing is a milestone. Friedman stood out as a leading figure in the fight for limited government and personal freedom in the mid twentieth century. Of course, libertarianism has in some ways developed beyond the writings of Friedman. Today many libertarians advocate privatization beyond what Friedman envisioned. Yet Friedman stood against numerous efforts to expand government, and drew attention to the moral and practical arguments for liberty. He often acknowledged the great contribution of Mises and the Austrian School even as he disagreed with many important issues of method, money, and more--yet even here he caused us to strengthen our arguments.

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