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Capitalism and Freedom - Fortieth Anniversary Edition By Milton Friedman

Capitalism and Freedom by Milton Friedman

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Summary

How can we benefit from the promise of government while avoiding the threat it poses to individual freedom? Milton Friedman presents his view of the proper role of competitive capitalism both as a device for achieving economic freedom and a necessary condition for political freedom

Capitalism and Freedom Summary

Capitalism and Freedom by Milton Friedman

It is a rare professor who greatly alters the thinking of his professional colleagues. It's an even rarer one who helps transform the world. Friedman has done both." - Stephen Chapman, Chicago Tribune How can we benefit from the promise of government while avoiding the threat it poses to individual freedom? In his classic book, Capitalism and Freedom, Milton Friedman presents his view of the proper role of competitive capitalism - the organization of the bulk of economic activity through private enterprise operating in a free market - as both a device for achieving economic freedom and a necessary condition for political freedom. He also outlines the role that government should play in a society dedicated to freedom and relying primarily on the market to organize economic activity. Friedman begins with a discussion of the principles of a truly liberal society. He then applies those principles to a range of pressing problems, including monetary policy, discrimination, education, income distribution, welfare, and poverty. The result is a book that has sold well over half a million copies in English, has been translated into eighteen languages, and has become increasingly influential in recent years as more and more governments have moved from highly planned economies to embrace free market economics.

Capitalism and Freedom Reviews

"Milton Friedman is one of the nation's outstanding economists, distinguished for remarkable analytical powers and technical virtuosity. He is unfailingly enlightening, independent, courageous, penetrating, and above all, stimulating." - Henry Hazlitt, Newsweek

About Milton Friedman

Milton Friedman is a senior research fellow at the Hoover Institution, Stanford University, and the Paul Snowden Distinguished Service Professor Emeritus of Economics at the University of Chicago. In 1976 he was awarded the Nobel Prize in Economics. He has written a number of books, including two with his wife, Rose D. Friedman - the bestselling Free to Choose and Two Lucky People: Memoirs, the latter published by the University of Chicago Press.

Additional information

GOR007038741
9780226264219
0226264211
Capitalism and Freedom by Milton Friedman
Used - Like New
Paperback
The University of Chicago Press
2002-12-17
210
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
The book has been read, but looks new. The book cover has no visible wear, and the dust jacket is included if applicable. No missing or damaged pages, no tears, possible very minimal creasing, no underlining or highlighting of text, and no writing in the margins

Customer Reviews - Capitalism and Freedom