on November 16 of this year, America and the world lost not only a brilliant economist but a towering giant of an unbounded vision for freedom. Dr. Friedman was widely recognized worldwide for his economic explanations and philosophies of government and markets. Beyond pure economic analysis, Dr. Friedman promoted liberty and choices in all areas. I am honored to have the opportunity to commemorate his life with this resolution to honor him and have enjoyed collaborating with the distinguished gentleman from New Jersey. House Resolution 1089 outlines his academic, publishing, and prize-winning accomplishments. I will not relist them here. There is so much to say. Dr. Friedman's economic prescription advocated we steadily, constantly stabilize the growth of money supply, then more or less just stay out of the way, leaving the economy to the free creative choices of millions of productive individuals, households, and businesses, rather than one micromanaging government. Milton Friedman put individuals, not bureaucrats at best or despots at worst, in the driver's seat. Essentially we admire him for espousing that economic freedom is necessary for political freedom. And today few would argue that Friedman's ideas went from being seen as radical to now being fully accepted. Most successful countries rely on monetary policy as their chief stabilizing tool.
Cliff Stearns: “on November 16 of this year, America and the world lost not only a brilliant economist but a towering giant of an…”
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Commemorating the life and contributions of economist Milton Friedman.
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