Milton Friedman (1912 – 2006) was an American statistician, economist and author, and a Nobel Prize winner for economic sciences. Friedman is well known for his researches on monetary history, consumption analysis and stabilization policy. He was one of the most popular economists of the 20th century (right after John M. Keynes). Friedman was President [...]
James Madison Quotes
James Madison (1751-1836) was an American political theorist, Secretary of State in Jefferson’s administration, and the 4th U.S. President. Madison is considered the Father of the U.S. Constitution. He collaborated with John Jay and Alexander Hamilton to create the Federalist Papers which would support the Constitution. During the Constitution ratification process, Madison supported the idea [...]
Adam Smith Quotes
Adam Smith (1723-1790), was one of the most influential Scottish philosophers and a pioneer of political economy. The Wealth of Nations is probably his most important work, along with The Theory of Moral Sentiments, which he wrote at the time he was teaching moral philosophy at Glasgow. During the Scottish Enlightenment, Smith collaborated with David [...]