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".
18 of 19 people found this review helpful
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.
31 of 34 people found this review helpful
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.
3 of 3 people found this review helpful
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
15 of 18 people found this review helpful
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.
24 of 30 people found this review helpful
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.
6 of 7 people found this review helpful
Avery American should read this book regardless of their political opinions. Excellent review of macro economics
1 of 1 people found this review helpful
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.
7 of 10 people found this review helpful
My only problem with this book was the narrater the britsh accent is hard to understand.
9 of 15 people found this review helpful
I've been aware of Friedman's work for years but had never investigated them personally, so I took the plunge. I found the principles to be timeless and exactly the common sense prescription needed in 21st century America. Tragically, I doubt that will ever happen; we've grown too fat and happy with big government solutions.
My only criticism was of the narrator. While his diction and pronunciation were flawless, I was distracted by the British accent.