https://www.youtube.com/watch?v=4lMvZpRXbUs&t=1s

Regarding the video above

Milton Friedman (1912 - 2006) was an economist and statistician who received the Nobel Prize in 1976 for his research on consumption analysis, monetary theory, and stabilization policy. He was a professor at the Chicago School of Economics. He rejected Keynesianism and the government's role in government spending. Milton Friedman was in favor of monetarism. It is focused on monetary supply. He did not like the gold standard and saw it as impractical. Friedman also believed that individuals make better choices in spending money compared to the government. As such, stimulus checks are favored over government spending. Milton Friedman was an economic advisor to many world leaders; such as President Regan and Prime Minister He believed in free market capitalism with a limited government.

Explain through a extensive summary of Milton Friedman using the outline below to help you structure your paper:

1. Introduction: Introduce your movie with a short summary.
2. Main Points: Explain 5 key points in a short concise paragraph and make it informative.
   1. School years, professors that inspired him, and the world around him.
   2. Nobel Prize and theory of consumption.
   3. Public service as an economic advisor and public policy ideas.
   4. His views on the Federal Reserve and monetary policy.
   5. Capitalism and freedom.
3. Conclusion: Then in a conclusion list where you may have your own opinions about the central idea.