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'''Milton Friedman''' (1912-2006) was a [[libertarian]] [[economist]] who emphasized freedom. He was a leader of the  [[Chicago School of Economics]] and made the University of Chicago the leading center for conservative economics.  He was the favorite economist of many conservatives (including [[Ronald Reagan]]), in part because nearly all other economists have been [[liberal]].  Friedman was an early advocate of [[free choice in education]], such that parents could spend their school tax dollars on the school of their choice.<ref>[http://www.ideachannel.tv/ "Free to Choose" (1980)]</ref>  Friedman received the 1976 [[Nobel Prize]] for [[economics]].   

'''Milton Friedman''' (1912-2006) was a [[libertarian]] [[economist]] who emphasized freedom. He was a leader of the  [[Chicago School of Economics]] and made the University of Chicago the leading center for conservative economics.  He was the favorite economist of many conservatives (including [[Ronald Reagan]]), in part because nearly all other economists have been [[liberal]].  Friedman was an early advocate of [[free choice in education]], such that parents could spend their school tax dollars on the school of their choice.<ref>[http://www.ideachannel.tv/ "Free to Choose" (1980)]</ref>  Friedman received the 1976 [[Nobel Prize]] for [[economics]].   

In one celebrated case, Milton Friedman called a special meeting at the University of Chicago, where he taught, to prove that the [[Coase theorem]] was false.  But within two hours of discussion, Friedman had the intellectual courage and objectivity to reverse himself and admit that he was wrong and Ronald Coase was right.  Many lesser intellectuals can spend their entire lives refusing to admit that they were wrong about something.

In one celebrated case, Milton Friedman called a special meeting at the University of Chicago, where he taught, to prove that the [[Coase theorem]] was false.  But within two hours of discussion, Friedman had the intellectual courage and objectivity to reverse himself and admit that he was wrong and Ronald Coase was right.  Many lesser intellectuals can spend their entire lives refusing to admit that they were wrong about something.

Milton Friedman in his own words:

Milton Friedman in his own words: