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.
"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)
of all high school students. Would be appropriate for civics, government or economics courses. Foundational concepts for a civil society.
I am sure I agree with most of the points MF makes. However, I read / listen to these books in order to better formulate my thinking on a subject. Listening to this book on tape just does not do that for me. It is dated and that affects the scope and depth of the argument to be made for or against government intervention. The flatness of the narration probably does not help either. This was a disappointment.
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.
Challenging read. Inferior in design, sensitivity, and delivery to his earlier work, "Free to Choose." I recommend "Free to Choose". I recommend avoiding "Capitalism and Freedom".
It was not the most moving of readings, but the content was great. High marks over all.
This fundamentally explains the basis of most modern US economic policy, for better or worse. And it makes many of the laws and actions of the government clearer in their basis. Then understanding this was half a century ago, you can see where other additions have been made to these basic tenets and created the current system.
Is he a robot? He pronounced things as though it was a machine unfamiliar with homographs and the nuances of speech. Like using "lived", but pronouncing it like "lives" with a "d" instead of an "s", Sort of off putting.
Where We Went Wrong; Economics, and The Origin of The 1% and Money in Politics.
A fantastic perspective on capitalism and freedom and how both are very tightly intertwined.
The narrator however, does not do this work justice. Very dry reading.
I would first urge readers to read this a little at a time. Research the topic, think for yourself, and talk it over with like minded people before moving on. The book is packed with information that takes head-on many of the same problems the US and the rest of the world are still facing decades after publishing. Milton is a little more dry when it isn't his own animated "I'm going to spin your head with this answer" voice, so expect to nod off a little bit in the middle of a long lecture late at night if you are one of those hard headed individuals that wants to listen to the entire book before thinking about anything else.
Friedman's masterpiece clearly articulates how the free market is key to individual freedom. It destroys the concept that government is the solution to many problems we face today. Written in 1963, it is more relevant today than when first published.
"Michael Edwards's English narration is terrible. "
Struggled with the narration and sound quality. The message is lost because of the lazy production.
"A classic of economics"
This book presents clear ideas about the building of a free society. Like Dan Capital, a must read even if you cannot agree with everything it says.
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