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Capitalism and Freedom | [Milton Friedman]

Capitalism and Freedom

Milton Friedman argues that the appropriate role of competitive capitalism occurs when the majority of our economic activity flows through private enterprise within a free-market environment. This is unequivocally the most effective device for achieving economic freedom, as well as the necessary condition in which political freedom can be attained. Friedman's arguments are positively bold, enlightening, and impacting. Among the specific topics he addresses are "The Control of Money", "Fiscal Policy", "Capitalism and Discrimination", and "Social Welfare Measures".
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Publisher's Summary

Milton Friedman argues that the appropriate role of competitive capitalism occurs when the majority of our economic activity flows through private enterprise within a free-market environment. This is unequivocally the most effective device for achieving economic freedom, as well as the necessary condition in which political freedom can be attained. Friedman's arguments are positively bold, enlightening, and impacting. Among the specific topics he addresses are "The Control of Money", "Fiscal Policy", "Capitalism and Discrimination", and "Social Welfare Measures".

Milton Friedman (1912-2006) was perhaps the most influential economist of the 20th century. Professor, columnist, author, and advisor, he was awarded the 1976 Nobel Prize in economic sciences.

©1962 The University of Chicago (P)1989 Blackstone Audio, Inc.

What the Critics Say

"The most influential…economist since World War II." (Washington Post)

"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." (Newsweek)

"The economist of the century." (Fortune)

What Members Say

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  •  
    J. Childs Lakeland, FL USA 01-01-13
    J. Childs Lakeland, FL USA 01-01-13 Member Since 2012
    HELPFUL VOTES
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    "Should be required for all high school students"
    Would you recommend this audiobook to a friend? If so, why?

    A classic that I enjoy reviewing on an annual basis...now I'm glad it's on audio! Friedman lays out the foundational principles for a free (liberal) society--one based on free markets and liberty. The introduction and first two chapters provide an ideological defense for capitalism. The remaining chapters provide insights on how to apply market-based approaches to various economic and social concerns. What makes the application chapters interesting is that many of these problems, such as social security, healthcare, poverty, etc are described by Friedman when this book was originally published in the early 1960s are still relevant today.


    Who was your favorite character and why?

    Chapters 1 and 2. They are timeless and foundational


    2 of 2 people found this review helpful
  •  
    Capcyclone 03-04-15
    Capcyclone 03-04-15 Member Since 2015
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    "Should we required reading for all college grads"

    Simply put, Freidman's ability to take highly complex theory into everyman's language is nothing short of marvelous.

    This text should be required reading every college grad - regardless of major. If it were, this nation would remain on top of the world economically without question.

    0 of 0 people found this review helpful
  •  
    Amazon Customer 01-05-15
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    "Meh"

    Freedom of choice was a lot better. This one wasn't quite as engaging. I am not near as conservative as Milton Friedman, but some of his points in freedom of choice were a lot more convincing.

    0 of 0 people found this review helpful
  •  
    Corvin Rok Nashville, TN USA 12-15-14
    Corvin Rok Nashville, TN USA 12-15-14 Member Since 2013

    eatinghwin

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    "great book of practical relevance"

    excellent focus on economic implications in the real world. insightful points on government impact on freedom via policy (what Friedman calls "the coercive power of the state"). well worth the time.

    0 of 0 people found this review helpful
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