Free market champion dies

Milton Friedman, a Nobel Prize-winning economist who championed individual freedom, influenced the economic policies of three presidents and befriended world leaders, has died at 94.

Friedman died yesterday in San Francisco, said Robert Fanger of the Milton and Rose D Friedman Foundation in Indianapolis.

“Milton Friedman revived the economics of liberty when it had been all but forgotten,” said former British prime minister Margaret Thatcher.

“He was an intellectual freedom fighter. Never was there a less dismal practitioner of a dismal science.”