A. Milton-Friedman
B. Osborne-Smith
C. Zelvey
D. Mickel-Jorden
Submitted by: Asad Ullah Afridi
The name “helicopter money” was first coined by Milton Friedman in 1969, when he wrote a parable of dropping money from a helicopter to illustrate the effects of monetary expansion. The concept was revived by economists as a monetary policy proposal in the early 2000s following Japan’s Lost Decade.
Correct Answer: Milton-Friedman ✔
Last Updated: May 31, 2020