Title: Capitalism and Freedom Pdf Fortieth Anniversary Edition
Author: Milton Friedman
Published Date: 2002-11-15
Page: 208
Selected by the Times Literary Supplement as one of the "hundred most influential books since the war"
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 his 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. The result is an accessible text that has sold well over half a million copies in English, has been translated into eighteen languages, and shows every sign of becoming more and more influential as time goes on.
Friedman's 1962 Classic Nearly two decades before Free to Choose hit the air (and bookstores), Milton Friedman laid out his "classical liberal" ideology in practical terms, addressing concrete policy issues. Obviously some of the topics addressed are no longer relevant today - the gold standard was dropped nine years after the book's publication - but Capitalism and Freedom remains a standard for libertarian political philosophy. Policy suggestions - even dated ones - serve to illuminate and clarify Friedman's ideology, one which equated economic and political freedom; without the former, the latter is an illusion.Well done, more balanced than I expected it to be. A surprisingly in-depth look (for such a short book) at various market factors that capitalism affects and is affected by. I didn't expect to find any justifications for ANY government intervention in the market, but Friedman spells out many situations that he feels it would be justified, how it would affect the situation and what the alternatives would be. On the whole, this is an expertly written treatise on free market economics, or as free as rationally viable (given the political climate of the time).Best defender of true free markets. A man who knew all the arguments for real capitalism. Kind, persuasive approach attracts interested listeners, deep understanding of benefits of real free markets. Highly recommended for millennials who lean toward socialist theory, wrongly assuming that socialism means "sharing".
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