©1979 John McDermott, Forward ©1990 Milton Friedman and Rose D. Friedman; (P)2007 Blackstone Audio Inc.
"Excellent book....This reviewer has never read a more straightforward and simple statement of the present ills facing our society and what we as citizens in a democracy must do about them." (Chicago Sun Times)
"Milton Friedman puts verities back into focus and puts us back in touch with how a free and abundant society can work - if we let it. That is why he deserved his Nobel Prize in economics, and it is why you should read this book." (Reader's Digest)
The most compelling book (of any type) that I have read in years. The authors are so clear and straightforward, the ideas so natural, that I cannot believe that I waited until know to read this.
The examples are dated, but all of the history since seems only to verify the predictions made.
I highly recommended it for anyone interested in economics and politics.
A friend recommended this book and I'm grateful he did. A knowledge of free market economics is a must these days, rather than making decisions based on media soundbites. As this book was written in the early 80's, familiarity with that time is helpful not only in understanding examples, but in seeing how things have played out since then. After this listen, move on to "The Road to Serfdom" by F. A. Hayek for more indepth exploration of ways to maintain economic and personal freedom. Important and interesting!!! The narration was well done and very "listenable".
This is the best political/economics book I have listed/read and should be on the wishlist of anyone thinking about politics, economics and future in general. Regardless of your current political view, this information is important.
Milton Friedman paints his vision for the future based on Classical Liberalism (close to libertarism for Americans) with detailed examples on how the society would function in a free market environment. These examples are easy to understand and they are being articulated very well. Previous theories and especially socialism/marxism and anything around those ideologies.
Friedman political views being what they are this is obviously not a balanced book. He is driving his agenda and criticism toward that must be sought elsewhere. What is interesting, however, is that unlike many of his critics the ideas presented are not cold or corporism centric. Quite the opposite in fact. Friedman is not working to make corporations earn more or wishes to see poor people dying on the street. His views are, in short, that in a free economic environment the poor have more chances to become wealthy and that social security should stem from the community rather than federal government.
The issues raised in this book are even more relevant than they were at the time of writing. There are also much more counter arguments made after the publication which should make finding the balance relatively simple.
I highly recommend this to any intelligent person.
This text is one of the best on the subject of economics. Even though it's decades old, the analysis and principles are still shockingly applicable to our current times. The British accented narrator threw me off a bit at first, but I got used to it and enjoyed the book overall. This is definitely worth your money.
One of the best books I have listened too. This should be mandatory reading for all. This book gives you facts and figures to backup the reason big goverment should not be
Although certainly not discussed in any University classroom in this country and probably banned by the state of California... This one book taught me more than and is therefore more valuable then my entire four year degree in political science.
Milton Friedman is the daddy when it comes to explaining why a free market is far superior than any other system ever tried. The book is fabulous and a must listen.
Friedman basically destroys socialism and all its derivatives with data, examples, and objective evidence.
However, I was very surprised that the narrator is British and has a fairly distracting, "posh" accent. I know, I should have done a little research
"The Invisible Hand." I know, it's not Friedman's invention, but very compelling.
I should have listened to the sample (but I would have bought it any way).
I wish that I were old enough to have followed Milton and Rose while they were still alive. Friedman just tells economics in the most interesting and down to earth manner. I proudly call myself a Friedman-ite now.
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