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California Declares January 29 Milton Friedman Day.


STANFORD, Calif. -- California governor Arnold Schwarznegger has announced that January 29, 2007, has been declared "Milton Friedman Noun 1. Milton Friedman - United States economist noted as a proponent of monetarism and for his opposition to government intervention in the economy (born in 1912)
Friedman
 Day" in the State of California.

The governor made the announcement on Monday, January 22, during his talk at a memorial service at Stanford University Stanford University, at Stanford, Calif.; coeducational; chartered 1885, opened 1891 as Leland Stanford Junior Univ. (still the legal name). The original campus was designed by Frederick Law Olmsted. David Starr Jordan was its first president.  for the late renowned economist.

Friedman, who was awarded a Nobel Prize Nobel Prize, award given for outstanding achievement in physics, chemistry, physiology or medicine, peace, or literature. The awards were established by the will of Alfred Nobel, who left a fund to provide annual prizes in the five areas listed above.  for Economic Sciences in 1976, died on November 16, 2006, at the age of 94.

Schwarznegger told those attending the tribute ceremony that he was inspired by Friedman and his ideas on the power of the free market while watching the television program Free to Choose in the early 1980s. Friedman and his wife, Rose Friedman, appeared in the PBS PBS
 in full Public Broadcasting Service

Private, nonprofit U.S. corporation of public television stations. PBS provides its member stations, which are supported by public funds and private contributions rather than by commercials, with educational, cultural,
 series discussing free-market economics.

Other organizations across the United States also are marking January 29, 2007, as Milton Friedman Day including the City of San Francisco
For the city, see San Francisco, California.
The City of San Francisco was a streamlined passenger train operated jointly by the Chicago and North Western Railway, the Southern Pacific Railroad, and the Union Pacific Railroad.
, the Chicago Mercantile Exchange Chicago Mercantile Exchange (CME)

Chicago Mercantile Exchange (CME) is the largest futures exchange in the United States and the second largest exchange in the world for the trading of futures and options on futures.
, The Economist magazine, and the University of Chicago.

The University of Chicago will conduct a memorial in Friedman's honor on January 29.

Also, on January 29 at 10 p.m. EST, PBS will premiere "The Power of Choice: The Life and Ideas of Milton Friedman," a documentary on the life and ideas of Friedman. The special was produced for PBS by Free to Choose Media. The company, which is also leading a drive to mark the day as Milton Friedman Day across America, urges educational institutions to participate in a "Day of National Debate" on Friedman's ideas.
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 24, 2007
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