On This Day

Milton Friedman is born

Milton Friedman, American economist and statistician, known for american economist and statistician, was born on 1912-07-31.

Milton Friedman, American economist and statistician, known for american economist and statistician, was born on 1912-07-31. Milton Friedman (July 31, 1912 – November 16, 2006) was an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy. With George Stigler, Friedman was among the intellectual leaders of the Chicago school of economics, a neoclassical school of economic thought associated with the faculty at the University of Chicago that rejected Keynesianism in favor of monetarism before shifting their focus to new classical macroeconomics in the mid-1970s.

Historical Significance

Milton Friedman is American economist and statistician.

Key People

Milton Friedman

economist and statistician

American economist and statistician

Events Before

  1. Hank Greenberg is born

    Hank Greenberg, American athlete, known for american baseball player, was born on 1911-01-01.

  2. Belgian mining law introduces a 9.5-hour workday

    Belgian mining law introduces a 9.5-hour workday

  3. British PM Neville Chamberlain (41) weds Anne de Vere Cole

    British PM Neville Chamberlain (41) weds Anne de Vere Cole

  4. American actress Hattie McDaniel (16) weds pianist Howard Hickman (30) in Denver, Colorado

    American actress Hattie McDaniel (16) weds pianist Howard Hickman (30) in Denver, Colorado

  5. Actress Mae West (17) weds fellow vaudevillian Frank Wallace (21) in Milwaukee, Wisconsin

    Actress Mae West (17) weds fellow vaudevillian Frank Wallace (21) in Milwaukee, Wisconsin

Events After

  1. The US Post Office begins parcel post delivery

    The Bronx General Post Office (also known as the Bronx Central Post Office or Bronx Central Annex) is a historic post office building at 558 Grand Concourse in the South Bronx in New York City, New…

  2. British House of Commons accepts Home Rule for Ireland (but the Great War gets in the way of it happening)

    British House of Commons accepts Home Rule for Ireland (but the Great War gets in the way of it happening)

  3. China's National Assembly opens in Peking, the first free democratic parliament in Chinese history

    The National Assembly was the legislative branch of the Beiyang government during the Republican era of Chinese history.

  4. US Admiral Chester Nimitz (28) weds Catherine Freeman (21) in Wollaston, Massachusetts

    US Admiral Chester Nimitz (28) weds Catherine Freeman (21) in Wollaston, Massachusetts

  5. US Actors' Equity Association forms (NYC)

    The 1919 Actors' Equity Association strike officially spanned from August 7, 1919, to September 6, 1919.

More from the 1910s

Frequently Asked Questions

What happened on July 31, 1912?
Milton Friedman, American economist and statistician, known for american economist and statistician, was born on 1912-07-31. Milton Friedman (July 31, 1912 – November 16, 2006) was an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy. With George Stigler, Friedman was among the intellectual leaders of the Chicago school of economics, a neoclassical school of economic thought associated with the faculty at the University of Chicago that rejected Keynesianism in favor of monetarism before shifting their focus to new classical macroeconomics in the mid-1970s.
Why is Milton Friedman is born significant?
Milton Friedman is American economist and statistician.
Who was involved in Milton Friedman is born?
Key figures include Milton Friedman (economist and statistician).

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