2011 | OriginalPaper | Chapter
The Early Years
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Like those founders of personal finance before him, Milton Friedman lived an interesting life punctuated by events that would form his thinking. Like Franco Modigliani, Friedman was from a Jewish heritage. However, unlike Modigliani, who had to flee to the USA to escape the oppression of fascism, Friedman was born into a family that was already firmly, if just barely, rooted on US soil.