    [Public Papers of the Presidents of the United States: George W. Bush (2006, Book II)]
    [November 17, 2006]
    [Page 2099]
    [From the U.S. Government Publishing Office www.gpo.gov]

    Statement on the Death of Milton Friedman
    November 17, 2006

        America has lost one of its greatest citizens. Milton Friedman was a
    revolutionary thinker and extraordinary economist whose work helped
    advance human dignity and human freedom.
        A champion of limited government and personal freedom, Friedman
    proposed bold ideas about school choice, tax reductions, and an all-
    volunteer army that serve as the foundation of many of America's most
    successful Government reforms. His work demonstrated that free markets
    are the great engines of economic development. His writings laid the
    groundwork that transformed many of the world's central banks, helping
    deliver economic stability and improved living standards in countries
    around the world.
        Milton Friedman, a recipient of the Nobel Prize, will be remembered
    as one of the most influential economists in history. The Nation is
    grateful for his profound contributions.
        Our thoughts and prayers are with the Friedman family.