Description
Book SynopsisOne of TIME magazine's All-TIME 100 Best Nonfiction Books One of Times Literary Supplement's Hundred Most Influential Books Since the War One of National Review's 100 Best Nonfiction Books of the Century One of Intercollegiate Studies Institute's 50 Best Books of the 20th Century How can we benefit from the promise of government while avoiding the threat it poses to individual freedom? In this classic book, Milton Friedman provides the definitive statement of an immensely influential economic philosophy--one in which competitive capitalism serves as both a device for achieving economic freedom and a necessary condition for political freedom. First published in 1962, Friedman's Capitalism and Freedom is one of the most significant works of economic theory ever written. Enduring in its eminence and esteem, it has sold nearly a million copies in English, has been translated into eighteen languages, and continues to inform economic thinking and policymaking around the world. This
Trade Review"In Capitalism and Freedom, published in 1962, Friedman makes his most important contribution to his profession: the argument that the best medicine for curing a recession and stabilizing economies is for a nation's central bank (the Federal Reserve for the U.S.) to be slowly but constantly increasing the amount banks are allowed to lend and therefore increasing the supply of money--but only in brief."-- "TIME Magazine, All-TIME 100 Best Nonfiction Books"
Table of ContentsForeword by Binyamin Appelbaum
Preface, 2002
Preface, 1982
Preface, 1962
Introduction
I. The Relation between Economic Freedom and Political Freedom
II. The Role of Government in a Free Society
III. The Control of Money
IV. International Financial and Trade Arrangements
V. Fiscal Policy
VI. The Role of Government in Education
VII. Capitalism and Discrimination
VIII. Monopoly and the Social Responsibility of Business and Labor
IX. Occupational Licensure
X. The Distribution of Income
XI. Social Welfare Measures
XII. The Alleviation of Poverty
XIII. Conclusion
Index
