A Year of Legacies: Triumphant and Tainted

This year was marked by the death of two great economistsand an emblematic figure of scandal

Death took two major economic thinkers within months of each other in 2006. John Kenneth Galbraith and Milton Friedman were men whose ideas about the economy, taxes, politics, and business were separated by a deep and wide ideological divide. Both lived into their 90s, and both died as celebrated figures with their reputations and legacies intact.

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