Book Description
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.
From the Inside Flap
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.
About the Author
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.
Capitalism and Freedom: Fortieth Anniversary Edition FROM THE PUBLISHER
"How can we benefit from the promise of government while avoiding the threats it can pose to individual freedom? In this classic book, Milton Friedman answers this question with the definitive statement of his immensely influential economic philosophy, one in which competitive capitalism - the organization of the bulk of economic activity through private enterprise operating in a free market - serves as both a device for achieving economic freedom and a necessary condition for political freedom. In the process, he 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 clear and accessible book 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, especially as more and more governments turn from highly planned economies to embrace free-market economics. And for this edition, Friedman adds a preface discussing different forms of freedom - political, economic, and civil - and considering how recent events, like the reunification of Germany and the collapse of the Soviet Union, have changed the climate of economic opinion throughout the world.
Art & Photography
Book Info
