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While working at Columbia University, he helped develop a proximity fuse for anti-aircraft projectiles. He argued that state licensing procedures limited entry to the medical profession, driving up costs, and this adviser to Augusto Pinochet described consumption patterns in his [*] "permanent income hypothesis." This economist suggested that the Federal Reserve increase money supply with real GNP increase to control inflation; with Anna Schwartz, he co-authored A Monetary History of the United States. For 10 points, name this Chicago School monetarist who, with his wife Rose, wrote Free to Choose and Capitalism and Freedom.
While working at Columbia University, he helped develop a proximity fuse for anti-aircraft projectiles.
Milton {Friedman}