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The co-op bookstore for avid readers
Capitalism and Freedom
Reader Score
78%
78% of readers
recommend this book
In the classic bestseller, "Capitalism and Freedom," Milton Friedman presents his view of the proper role of competitive capitalism-the organization 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. Beginning with a discussion of principles of a liberal society, Friedman applies them to such constantly pressing problems as monetary policy, discrimination, education, income distribution, welfare, and poverty.
"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"
"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"
Book Details
- Publisher: University of Chicago Press
- Publish Date: Nov 17th, 2020
- Pages: 272
- Language: English
- Edition: undefined - undefined
- Dimensions: 8.40in - 5.50in - 0.90in - 0.75lb
- EAN: 9780226734798
- Categories: • Free Enterprise & Capitalism• Economics - Theory• Economic History
About the Author
Friedman, Milton: - Milton Friedman (1912-2006) was the Paul Snowden Distinguished Service Professor Emeritus of Economics at the University of Chicago and the recipient of the 1976 Nobel Prize in economics. He coauthored Free to Choose and Two Lucky People alongside his wife, Rose D. Friedman.
Praise for this book
"In Capitalism and Freedom, published in 1962, Friedman makes his most important contribution to his profession: the argument that the best medicine for curing a recession and stabilizing economies is for a nation's central bank (the Federal Reserve for the U.S.) to be slowly but constantly increasing the amount banks are allowed to lend and therefore increasing the supply of money--but only in brief."-- "TIME Magazine, All-TIME 100 Best Nonfiction Books"
"Full of tightly reasoned arguments about the principles of economic freedom in various spheres of life."-- "Wall Street Journal"