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This thinker said that simplicity and fruitfulness are the keys for economics to be a scientific discipline in his essay "The Methodology of Positive Economics." The idea that consumers base their consumption on long-term income is the basis of his "permanent income hypothesis." He collaborated with his wife Anna Schwartz on A (*) Monetary History of the United States, and he produced the TV series Free to Choose. For 10 points, name this American economist, a major figure of monetarism and the Chicago school.
This thinker said that simplicity and fruitfulness are the keys for economics to be a scientific discipline in his essay "The Methodology of Positive Economics.
Milton {Friedman}