(1912–2006; b. Brooklyn, NY; d. San Francisco, CA) American Nobel Prize winner for Economics in 1976. He was the son of an immigrant merchant who died when Milton was fifteen. Friedman obtained his BA in economics at Rutgers U in 1932, his MA from U Chicago in 1933, and his PhD from Columbia U in 1946, by which time he was Professor of Economics at U Chicago. From 1937 to 1981 he was associated with the National Bureau of Economics Research. During this time he wrote many books on aspects of economics. In 1988 he was awarded the Presidential Medal of Freedom and the National Medal of Science.

A Dictionary of Statistics. Second edition revised. Copyright © Oxford University Press, 2008. All rights reserved.