This thinker's early work included the book Theory of the Consumption Function.
This thinker's early work included the book Theory of the Consumption Function. This man's work with Simon Kuznets resulted in the permanent income hypothesis, which states that people make decisions based on what they think their future income will be. (+) This economist argued that the government should control inflation by changing the money supply, a position he called "monetarism". This man also wrote the Monetary History of the United States. Along with his wife Rose, this winner of the 1976 Nobel Prize created a TV series called (*) Free to Choose, which criticized government regulation. For 10 points, name this economist from the University of Chicago, an advocate of the free market.
This thinker's early work included the book Theory of the Consumption Function.
Milton {Friedman}