capitalism and freedom by milton friedman

He has some really great breakdown on economic ideas such as the control of money and a very interesting discussion on capitalism's natural limiting discrimination. That is not to say that Friedman doesn't lay out his talking points and provide some examples. The read difficulty isn't too high but the book is more theoretical in nature than actual. Read moreĪ very interesting read and especially interesting to see what Friedman's ideas are back in 1962. This new edition includes prefaces written by Friedman for both the 19 reissues of the book, as well as a new foreword by Binyamin Appelbaum, lead economics writer for the New York Times editorial board. Enduring in its eminence and esteem, it has sold nearly a million copies in English, has been translated into eighteen languages, and continues to inform economic thinking and policymaking around the world. How can we benefit from the promise of government while avoiding the threat it poses to individual freedom? In this classic book, Milton Friedman provides the definitive statement of an immensely influential economic philosophy-one in which competitive capitalism serves as both a device for achieving economic freedom and a necessary condition for political freedom.įirst published in 1962, Friedman’s Capitalism and Freedom is one of the most significant works of economic theory ever written. One of Intercollegiate Studies Institute’s 50 Best Books of the 20th Century One of National Review’s 100 Best Nonfiction Books of the Century One of Times Literary Supplement’s 100 Most Influential Books Since the War One of Time magazine’s All-Time 100 Best Nonfiction Books One of the most significant works of economic theory ever written, from the “outstanding unfailingly enlightening” Milton Friedman ( Newsweek).

Capitalism and freedom by milton friedman