Milton Friedman,his colleagues,and their free market ideas are known as the ____,a shorthand term for a doctrine of privatization,free trade,and deregulation.

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The Chicago School refers to Milton Friedman and his colleagues at the University of Chicago who advocated for free market ideas such as privatization, free trade, and deregulation. The Stockholm School was a group of economists in Sweden who focused on macroeconomic analysis. The Freiburg School was a group of economists in Germany who emphasized the importance of ordoliberalism. The Austrian School was a group of economists who advocated for free market ideas but also placed emphasis on subjective value theory and methodological individualism.

Milton Friedman,his Colleagues,and Their Free Market Ideas Are Known as the ____,A