Friedman Legacy for Freedom: Marking the 96th Anniversary of Nobel Laureate Milton Friedman's Birth by Celebrating his Life and Work July 31, 2008

Host: America’s Future Foundation, Competitive Enterprise Institute, and The Heritage Foundation. Born on July 31, 1912, Milton Friedman was one of the most influential economists of the 20th Century. Awarded the Nobel Prize in Economics in 1976, he influenced economic policy throughout the world. His 1962 book Capitalism and Freedom remains one of the best defenses of economic capitalism and positions he advocates in the text, such as school vouchers and the flat tax, are being tested – and proved successful – in many countries. In Free to Choose, a ten- part television series broadcast on PBS, Friedman advocated free markets in living rooms across the country. He passed away in 2006 at the age of 94, but his legacy of advocating market economic solutions, emboldened by his unwavering faith in freedom, lives on. Over the past quarter century, hundreds of millions of people around the world have escaped from the darkness of dire poverty. Economic reforms have unleashed the powerful forces of competition and incentives, spurring innovation all over the world and allowing for the betterment of life on Planet Earth. The Ultimate Resource profiles the lives of individuals around the globe who are applying their intelligence, imagination, and spirit to advance the well-being of their families and communities. Featuring James Tooley of the United Kingdom’s E.G. West Centre, Hernando de Soto of Peru’s Institute for Liberty and Democracy, and 2006 Nobel Peace Prize winner Muhammad Yunis of Bangladesh’s Grameen Bank.

Official Website: http://www.heritage.org/Press/Events/ev073108a.cfm