Economists born on July 31

Take a focused look at the economists born on July 31. Dive into curated bios, achievements, and cultural milestones verified by our editors.

• 1912 Milton Friedman

  Milton Friedman was an American economist and statistician renowned for his strong belief in free-market capitalism. He was awarded the Nobel Memorial Prize in Economic Sciences in 1976 for his achievements in the fields of consumption analysis, monetary history and theory, and for his demonstration of the complexity of stabilization policy. [bio]