Nobel Prize-winning economist Milton Friedman is best known for his work in the economic field called _____ and for his claim that:

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Milton Friedman is renowned for his contributions to monetarism, a school of thought that emphasizes the role of governments in controlling the amount of money in circulation. He famously argued that inflation is always and everywhere a monetary phenomenon, suggesting that long-run inflation is primarily caused by growth in the money supply.

Nobel Prize-Winning Economist Milton Friedman Is Best Known for His