Nobel-winner Milton Friedman dead at 94

Created by : Francis Goodwin View profile

Economist was among the most influential in recent history

MSNBC News Services

Nov. 16, 2006 -- Milton Friedman, the free market economist and winner of a 1976 Nobel Prize, has died, a spokeswoman for his family said Thursday.

Friedman, who preached free enterprise in the face of government regulation and advocated a monetary policy that called for steady growth in money supplies, was 94.

Friedman died of heart failure in a hospital near his home in San Francisco, the Wall Street Journal reported on its Web site, citing his daughter Janet Martell.

His wife Rose Friedman, who co-authored many of his books, survives him.