Born: 7/31/1912 in New York City, New York, USA
Cause of death: heart failure
Noted For: economist; advocated controlled monetary growth, proposed that there is a natural unemployment rate, wrote A Monetary History of the United States, 1867-1960 (1963), awarded the Nobel Prize in Economics (1976).
Quotation: "If you put the federal government in charge of the Sahara Desert, in five years there'd be a shortage of sand."
Copyright © 2019 by David Carson. The Dead or Alive Data Base is brought to you by Living Water Specialties.