[PAR] [TLE] Milton Friedman [SEP] Milton Friedman ( ; July 31, 1912 – November 16, 2006) was an American economist who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory, and the complexity of stabilization policy.  With George Stigler and others, Friedman was among the intellectual leaders of the second generation of Chicago price theory, a methodological movement at the University of Chicago's Department of Economics, Law School, and Graduate School of Business from the 1940s onward.  Several students and young professors that were recruited or mentored by Friedman at Chicago went on to become leading economists; they include Gary Becker, Robert Fogel, Thomas Sowell, and Robert Lucas, Jr. [PAR] [TLE] Positive non-interventionism [SEP] Positive non-interventionism was the economic policy of Hong Kong; this policy can be traced back to the time when Hong Kong was under British rule.  It was first officially implemented in 1971 by Financial Secretary of Hong Kong John Cowperthwaite, who observed that the economy was doing well in the absence of government intervention but it was important to create the regulatory and physical infrastructure to facilitate market-based decision making.  The policy was continued by subsequent Financial Secretaries, including Sir Philip Haddon-Cave.  Economist Milton Friedman has cited it as a fairly comprehensive implementation of laissez-faire policy, although Haddon-Cave has stated that the description of Hong Kong as a laissez-faire society was "frequent but inadequate".
[PAR] [TLE] Milton Friedman [ SEP ] Milton Friedman ( ; July 31 , 1912 – November 16 , 2006 ) was an American economist who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis , monetary history and theory , and the complexity of stabilization policy . With George Stigler and others , Friedman was among the intellectual leaders of the second generation of Chicago price theory , a methodological movement at the University of Chicago 's Department of Economics , Law School , and Graduate School of Business from the 1940s onward . Several students and young professors that were recruited or mentored by Friedman at Chicago went on to become leading economists ; they include Gary Becker , Robert Fogel , Thomas Sowell , and Robert Lucas , Jr. [PAR] [TLE] Positive non - interventionism [ SEP ] Positive non - interventionism was the economic policy of Hong Kong ; this policy can be traced back to the time when Hong Kong was under British rule . It was first officially implemented in 1971 by Financial Secretary of Hong Kong John Cowperthwaite , who observed that the economy was doing well in the absence of government intervention but it was important to create the regulatory and physical infrastructure to facilitate market - based decision making . The policy was continued by subsequent Financial Secretaries , including Sir Philip Haddon - Cave . Economist Milton Friedman has cited it as a fairly comprehensive implementation of laissez - faire policy , although Haddon - Cave has stated that the description of Hong Kong as a laissez - faire society was " frequent but inadequate " .
Positive non-interventionism was the economic policy of Hong Kong, which American economist who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory, and the complexity of stabilization policy, has cited it as a fairly comprehensive implementation of laissez-faire policy?
Positive non - interventionism was the economic policy of Hong Kong , which American economist who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis , monetary history and theory , and the complexity of stabilization policy , has cited it as a fairly comprehensive implementation of laissez - faire policy ?
Milton Friedman
Milton Friedman