The Age of Friedman

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The following remarks were delivered on receiving the Milton Friedman Award at the Pacific Research Institute in New York City June 16, 2026.
It is a special honor to receive an award named for Milton Friedman, pathbreaking economist, friend and advocate for liberty, fierce debater and intellectual combatant – a man whose ideas have shaped the modern world. It is not an exaggeration to say that we live today in the Age of Friedman, an era shaped by his ideas about the importance of monetary policy in the performance of modern economies, and the role played by central banks in managing money…
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