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David D. Friedman | |
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![]() Friedman in 2016 | |
Born | David Director Friedman February 12, 1945 |
Nationality | American |
Spouse | Elizabeth Cook |
Children | Patri Friedman |
Academic background | |
Education | Harvard University (BA) University of Chicago (MA, PhD) |
Influences | Ronald Coase, Friedrich Hayek, Robert A. Heinlein, Milton Friedman, Rose Friedman, Adam Smith, Richard Timberlake, Alfred Marshall, Murray Rothbard |
Academic work | |
Discipline | Economics, law |
School or tradition | Chicago school of economics[1] |
Institutions | Santa Clara University |
Notable ideas | The Machinery of Freedom Consequentialist libertarianism |
Website |
Part of a series on the |
Chicago school of economics |
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This article is part of a series on |
Libertarianism in the United States |
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David Director Friedman (/ˈfriːdmən/; born February 12, 1945) is an American economist, physicist, and legal scholar. Although his academic training was in chemistry and physics and not law or economics, he is known for his textbook writings on microeconomics and the libertarian theory of anarcho-capitalism, which is the subject of his most popular book, The Machinery of Freedom.[2] Described by Walter Block as a "free-market anarchist" theorist,[3] Friedman has also authored several other books and articles, including Price Theory: An Intermediate Text (1986), Law's Order: What Economics Has to Do with Law and Why It Matters (2000), Hidden Order: The Economics of Everyday Life (1996), and Future Imperfect (2008).[4]
Much is made in libertarian circles of the division between 'Austrian' and 'Chicago' schools of economic theory, largely by people who understand neither. I am classified as 'Chicago'.