The Milton Friedman Prize


May 25, 2016 • Waldorf Astoria New York • 301 Park Avenue, New York, NY

The Milton Friedman Prize for Advancing Liberty, named in honor of perhaps the greatest champion of liberty in the 20th century, is presented every other year to an individual who has made a significant contribution to advance human freedom. The prize, a cash award of $250,000, will be presented at the Milton Friedman Prize for Advancing Liberty’s Biennial Dinner on May 25, 2016 at the Waldof Astoria New York. The winner of the 2016 award will be announced in the near future.

Registrations for the Milton Friedman Prize Biennial Dinner can be made here.

The late Nobel laureate Milton Friedman agreed in 2001 to lend his name to the prize, which has become the leading international award for acknowledging contributions to the promotion of individual liberty. In a statement at the time he said: “Those of us who were fortunate enough to live and be raised in a reasonably free society tend to underestimate the importance of freedom. We tend to take it for granted. It has made us in the West more complacent, so having a prize emphasizing liberty is extremely important.” Dr. Friedman died in 2006.

Angus Deaton • Keynote Speaker at the 2016 Dinner

Angus DeatonNobel Prize winner Angus Deaton will be delivering the keynote address at this year’s Milton Friedman Prize Award Dinner. Awarded the Nobel Prize for Economic Sciences in 2015 for his “analysis of consumption, poverty, and welfare,” Deaton currently serves as the Dwight D. Eisenhower Professor of Economics and International Affairs at the Woodrow Wilson School of Public and International Affairs and the Economics Department at Princeton University. Deaton is the author of several books, including The Great Escape: Health, Wealth, and the Origins of Inequality, which he discussed at the Cato Institute in 2013.

Members of International Selection Committee for the 2016 Prize:

Gurcharan Das
Former CEO
Procter & Gamble India

Peter Goettler
Cato Institute

Karen Horn
Former Economics Editor
Frankfurter Allgemeine Zeitung

Ethelmae Humphreys
Chairman of the Board
TAMKO Building Products, Inc.

Giancarlo Ibárgüen
Member of the Board of Trustees
Francisco Marroquín University, Guatemala

John Mackey
Co-Founder and Co-CEO
Whole Foods Market

Herman Mashaba
Former Chairman
Free Market Foundation
South Africa

Ruth Richardson
Former Minister of Finance
New Zealand

Vernon Smith
Nobel Laureate
Professor of Economics and Law
Chapman University

2016 Biennial Dinner Registration

For further information about the Milton Friedman Prize for Advancing Liberty’s Biennial Dinner, please contact Jenna Huhn at jhuhn [at] or 202-218-4617 or Greta Pisarczyk at gpisarczyk [at] or 202-216-1438.

Friedman Prize