STATE OF CALIFORNIA AND CITY OF SAN FRANCISCO BOTH DECLARE JANUARY 29, 2007 TO BE MILTON FRIEDMAN DAY

Governor Schwarzenegger and Mayor Newsom Join the City of Chicago and Partners in Honoring The Nobel Prize-Winning Economist and his Work with a Day of Remembrance

Events Include Web-based Discussion Hosted by The Economist, a Day of National Debate at Universities across the Country, You Tube Video Contest, and National PBS Broadcast of “The Power of Choice: The Life and Ideas of Milton Friedman”

Stanford, CaliforniaJanuary 23, 2007 – Governor Arnold Schwarzenegger and Mayor Gavin Newsom yesterday announced that they were declaring Monday, January 29th, to be Milton Friedman Day in the State of California and in the City of San Francisco.  In making these proclamations, the Governor and Mayor join the City Council of Chicago, Mayor Richard M. Daley, The University of Chicago, The Chicago Mercantile Exchange, The Economist, Free to Choose Media, and more than two dozen partner organizations in declaring the 29th as a day of remembrance honoring the Nobel-Prize-winning economist.

The announcements were made yesterday afternoon by Governor Schwarzenegger, in person, and by Mayor Newsom, via a letter read by John Raisian, director of the Hoover Institution.  The proclamations were read at the Hoover Institution’s memorial service honoring Dr. Friedman, held at Stanford University’s Memorial Hall.

In his proclamation, Governor Schwarzenegger stated: “Milton Friedman helped restore our faith in the freedom of the individual to choose in every sense of the word – political, economic and social – and was devoted to the simple idea that we are responsible for our own lives, to live them as we see fit as long as it does not violate the liberty of others.”  To see the full text, please visit http://gov.ca.gov/index.php?/proclamation/5205/ .

On Milton Friedman Day, Monday, January 29, 2007, at 10:00 p.m. ET (check local listings), PBS will premiere “The Power of Choice: The Life and Ideas of Milton Friedman,” an exclusive documentary on the remarkable life and visionary ideas of the 1976 Nobel Laureate in economics.  The special, produced for PBS by Free to Choose Media, will give viewers a new understanding of the magnitude of this legendary economist’s influence on the modern world.  More on this PBS program is available at: www.freetochoosemedia.org.

At 2 p.m. on Monday, January 29, The University of Chicago and the Chicago Mercantile Exchange will host a memorial service at the University’s Rockefeller Chapel to honor the Nobel prize-winning economist’s impact on the economy and spread of freedom.  For more on this event visit: http://www-news.uchicago.edu/releases/07/070122.friedman.shtml.

In addition, You Tube will host a “Challenge the Status Quo” video contest in honor of Friedman.  The contest, sponsored by Izzit.org. and the Idea Channel, is open to anyone who is interested in producing a video in the spirit of Dr. Friedman, whose passion in life was challenging the status quo.  Cash prizes will be offered to the first, second and third place winners.  For more information, visit http://www.youtube.com/group/statusquo .

Finally, The Economist’s blog, Free Exchange, will host an online discussion with prominent economists and political leaders from around the world on the legacy of the late Milton Friedman, from January 25 through January 29. Free Exchange visitors will have the opportunity to read postings from these guest bloggers and post their own responses, reactions and questions about the impact of Dr. Friedman’s work.  For more on this online event visit: www.economist.com/debate/freeexchange/index.cfm.

Additional organizations hosting services, special events, and online activities, or promoting “Milton Friedman Day” include: the American Economics Association, the Manhattan Institute, The Heartland Institute, The Milton & Rose D. Friedman Foundation, the Association of Private Enterprise Educators, Cascade Policy Institute, the Fund for American Studies, the Minaret of Freedom Institute, The State Policy Network, Atlas Economic Research Foundation, Acton Institute, Economic Thinking, the Reason Foundation and the Alabama Policy Institute, as well as several universities, including Rutgers, Florida State, San Jose State and Central Tennessee State.  A full schedule of events is posted at www.miltonfriedmanday.org.

 

About CME
Chicago Mercantile Exchange Holdings Inc. became the first publicly traded U.S. financial exchange on Dec. 6, 2002.  The company was added to the S&P 500® Index on August 10, 2006, and the Russell 1000® Index on July 1, 2003. It is the parent company of Chicago Mercantile Exchange Inc. (www.cme.com), the largest and most diverse financial exchange in the world.  As an international marketplace, CME brings together buyers and sellers on its CME Globex electronic trading platform and on its trading floors.  CME offers futures and options on futures primarily in interest rates, equities, foreign exchange and commodities.  The exchange managed $43.3 billion in collateral deposits at September 30, 2006, including $4.8 billion in deposits for non-CME products. 

About the University of Chicago
Founded by John D. Rockefeller, the University of Chicago is a private, nondenominational, coeducational institution of higher learning. The University places particular emphasis at the graduate level on training students for careers in academia and research. The undergraduate program focuses on critical thinking and broad interdisciplinary exposure to the full range of intellectual discovery. More than 70 recipients of the Nobel Prize have been researchers, students or faculty members at the University.

About Free To Choose Media
“The Power of Choice: The Life and Ideas of Milton Friedman”was produced by Free to Choose Media, a non-profit 501-c-3 public foundation whose mission is to use easily understood and entertaining popular media to reach inquisitive minds regarding the value and interrelationship of personal, economic and political freedom sustained by the rule of law. The challenge for the 21st Century and beyond is to find ways to avoid the classic failure of the self governed to retain awareness of the necessary conditions for the survival of their freedom and prosperity.

About The Economist (www.economist.com
The Economist is a weekly magazine offering timely reporting, concise commentary and comprehensive analysis of global news. With objective authority, clarity and wit, The Economist presents the world's political, business, scientific, technological and cultural affairs and the connections between them. Because of its global editorial perspective, it is read by more of the world's political and business leaders than any other magazine. Edited in London since 1843, The Economist has a worldwide print circulation in excess of 1.1 million.

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