Milton Friedman.How One Man Transformed the World Economy

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"How One Man Transformed the World Economy: The Secrets of Milton Friedman!"

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Milton Friedman, the co-winner of the 1976 Nobel Prize in Economics, advisor to two presidents and a prime minister, and a leading proponent of the Chicago School of Economics, is renowned for his Monetarist thinking. He argued that the size of the money supply is the most crucial factor influencing inflation and aggregate demand. Friedman and his associates also introduced the concept of a "natural rate of unemployment" and offered an explanation for stagflation.

Discover how Milton Friedman reshaped the field of economics! Subscribe to our channel and don't miss out on other captivating videos about the history of the economy! #MiltonFriedman #Economics #Monetarism #ChicagoSchool #
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