Milton Friedman 1912-2006Monday January 29, 2007 is “Milton Friedman Day”
Milton Friedman considered himself a Libertarian who backed the Republican party of Ronald Regan for lowering taxes and reducing government regulation.
Milton Friedman is one of my favorite people to read and quote. Milton Friedman died on November 16, 2006. "Milton Friedman Day" will be celebrated in San Francisco, California, where he died and in Chicago, Illinois, where he taught at the University of Chicago, as well as many other cities. A full schedule of events for "Milton Friedman Day" can be found at www.miltonfriedmanday.com/ Milton Friedman considered himself a Libertarian who backed the Republican party of Ronald Regan for lowering taxes and reducing government regulation. Some of his ideas, such as public school vouchers and the decriminalization of drug use, remain controversial. I first reported his death in our "RIP - In Memory Of" forum. Brad DeLong wrote of Friedman, "His worldview began with a bedrock belief in people and their ability to make judgments for themselves, and thus an imperative to maximize individual freedom." I credit Milton Friedman to shaping my belief that the "War on Drugs" is wrong and has created a profitable industry for criminals that harms people: Drug abuse should be treated as a medical problem, not a crime. Here are some of his "War on Drugs" quotes.
Below are some of the quotes I've kept that should immortalize this wonderful thinker.
You can read Milton Friedman's autobiography here at Nobelprize.org and read the memoirs of Milton and Rose Friedman in "Two Lucky People published in 1998 by the University of Chicago Press. Free Charts and Other StuffSince beating the market is hard for most to do, I recommend a "Core and Explore" approach to investing. Core means place 80 to 99% of your money into a CORE, buy-and-hold, no load, mutual fund portfolio and then EXPLORE with the remainder. To build your core portfolio, I suggest a diversified basket of index funds. Make suggestions for future articles at Kirk's Market Thoughts. Kirk Lindstrom:DISCLAIMER: Answers & my words are general in nature, are not meant as specific investment advice, and do not necessarily represent the opinion of anyone but Kirk. Individuals should consult with their own advisors for specific investment advice.
The copyright of the article Milton Friedman 1912-2006 in Investment is owned by Kirk Lindstrom. Permission to republish Milton Friedman 1912-2006 in print or online must be granted by the author in writing.
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