Part one of term paper
, like so many great life stories, was the subject of a very tough childhood. He was son to a couple of poor immigrants, born on 31 July 1912, in New York, America. At the age of fifteen, Friedman's father died. Despite this, he won a scholarship to both Rutgers University and the University of Chicago, where he achieved a Bachelor of the Art ...

Part two of term paper
... Nobel Prize for economics, "for his achievements in the field of consumption analysis, monetary history and theory, and for his demonstration of the complexity of stabilisation policy." Through his life, Friedman has published many books, articles in newspapers and periodicals. He has also appeared on radio and television in countless interviews. Friedman is strictly a monetarist. This means that he believed that inflation was a direct result of growth in the supply of money into an economy. His vi ...