Capitalism and Freedom: Fortieth Anniversary Edition

Friedman, Milton

| 1963

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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 How can we benefit from the promise of government while avoiding the threat it poses to individual freedom? In his classic book, Capitalism and Freedom, Milton Friedman presents his view of the proper role of competitive capitalism - the organization of the bulk 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. He also outlines the role that government should play in a society dedicated to freedom and relying primarily on the market to organize economic activity. Friedman begins with a discussion of the principles of a truly liberal society. He then applies those principles...

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