ACT Leader Rodney Hide has paid tribute to Nobel Prize-winning economist Milton Friedman, who passed away last night, aged 94.
“Milton Friedman was a tireless advocate of free market economics, individual choice and personal responsibility“, Mr Hide said.
“After winning the Nobel Prize for economics in 1976, Milton and his wife Rose produced a television series which became the bestselling book ‘Free To Choose’, laying out how free markets work.
“In 2003, Milton and Rose praised the reforms of Sir Roger Douglas when addressing ACT’s Annual Conference by video link, also endorsing ACT’s support for free trade and less government.
“Milton Friedman never gave up his optimism, or his belief that independence from government was the key to prosperity and freedom.
“My sympathies are with Rose and his colleagues at the Milton and Rose D. Friedman Foundation, which they established to advocate school choice“, Mr Hide said.