Thinkers and political figures
Portrait: The Friedman Foundation for Educational Choice, via Wikimedia Commons (opens in a new tab) · Creative Commons Attribution-ShareAlike 3.0
Milton Friedman
- Country
- United States
- Era
- 1912–2006
- Tradition
- Classical liberalism
Made the case for markets and monetary rules against discretionary management, and proposed a negative income tax and school vouchers as market-based ways to help the poor.
01
Documented positions
Documented positions come from the sources listed. Similarity is this project’s inference from those positions, and is a much weaker claim.
- Advocated a rules-based monetary policy in place of discretionary intervention
- Proposed a negative income tax to replace categorical welfare programmes
- Supported school vouchers and the decriminalisation of drugs
- Argued that a company’s social responsibility is to increase its profits within the rules
02
Where it sits on each dimension
Wealth and inequality
88
RedistributionMarket outcomes
Evidence: Well documented
The state in the economy
90
Active stateLimited state
Evidence: Well documented
Personal liberty
84
Collective orderIndividual freedom
Evidence: Well documented
Tradition and change
58
ContinuityReform
Evidence: Documented
Nation and the world
30
InternationalistNationalist
Evidence: Documented
Power and its limits
62
Concentrated authorityChecks and pluralism
Evidence: Documented
Environment and growth
28
Production firstProtection first
Evidence: Documented
Crime and punishment
62
PunishmentRehabilitation
Evidence: Documented
Dimensions left unscored, for want of evidence: Religion and the state
Sources
- Milton Friedman, Capitalism and Freedom · 1962
- Milton and Rose Friedman, Free to Choose · 1980
Last verified: