Jan. 18, 2007
Vol. 26 No. 8

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    Friends, family, colleagues to honor memory of Friedman

    By William Harms
    News Office

    The late Milton Friedman

    Colleagues and friends will join the family members of Milton Friedman to honor and remember the late Nobel Prize-winning economist and one of the world’s leading proponents of free markets at a memorial service at 2 p.m. Monday, Jan. 29.

    The service will be held in the University’s Rockefeller Memorial Chapel, 5850 S. Woodlawn Ave., and is being arranged jointly by the University and the Chicago Mercantile Exchange. It will be open to the public.

    Speaking at the event will be Gary Becker, University Professor in Economics; Arnold Harberger, professor in economics at UCLA and the Gustavus F. and Ann M. Swift Distinguished Service Professor Emeritus in Economics; V‡clav Klaus, President of the Czech Republic; Leo Melamed, Chairman Emeritus of the Chicago Mercantile Exchange; Michael Walker, senior fellow and president of The Fraser Institute Foundation, and a member of the board of directors of the Milton and Rose D. Friedman Foundation; and President Zimmer.

    Woodlawn Avenue will be unavailable for parking between 58th and 59th Street the day of the service.

    Friedman, considered by many to be the most influential economist of the late 20th century, died Thursday, Nov. 16, 2006, at the age of 94.

    The Paul Snowden Russell Distinguished Service Professor Emeritus in Economics, Friedman won the Nobel Memorial Prize in Economic Sciences in 1976 for “his achievements in the field of consumption analysis, monetary history and theory, and for his demonstration of the complexity of stabilization policy.”

    In addition to his scholarly work, Friedman is the author of a number of influential books, including Capitalism and Freedom. Free To Choose, which was published as a companion book to a public television series by the same name, was written by Friedman and his wife, Rose.

    A new biography about the life and scholarship of Milton Friedman, titled The Power of Choice, will air nationally on PBS stations Monday, Jan. 29. The program will air at 9 p.m. on WTTW-Channel 11 in Chicago; check local listings for programming times in other cities.