It’s impossible to fully appreciate the global contributions of Nobel Prize-winning economist Milton Friedman (1912-2006), whose advocacy of free markets reshaped the world.
The child of Eastern European immigrants, Friedman taught economics at the University of Chicago from 1946 to 1976. He wrote extensively on issues ranging from education to healthcare to interest rates, always emphasizing individual freedom. The Economist called him “the most influential economist of the second half of the 20th century…possibly of all of it.”
When President Nixon announced a war on drugs in 1972, Friedman critiqued the program as immoral and counterproductive, writing “we have no right to use force, directly or indirectly, to prevent a fellow man from committing suicide, let alone from drinking alcohol or taking drugs.”
This authentic 1969 Time magazine features cover art by Milton Glaser and ships with rolling papers and a vintage copy of Friedman’s best-selling Free to Choose.