Capitalism and Freedom

by Friedman, Milton

• ISBN13: 9780226264219
• ISBN10: 0226264211
• Edition: 40th
• Format: Paperback
• Copyright: 2002-11-15
• Publisher: Univ of Chicago Pr

Summary

Selected by theTimes Literary Supplementas one of the "hundred most influential books since the war"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 his immensely influential economic philosophyone in which competitive capitalism serves as both a device for achieving economic freedom and a necessary condition for political freedom. The result is an accessible text that has sold well over half a million copies in English, has been translated into eighteen languages, and shows every sign of becoming more and more influential as time goes on.

Author Biography

Milton Friedman is a senior research fellow at the Hoover Institution, Stanford University, and the Paul Snowden Distinguished Service Professor Emeritus of Economics at the University of Chicago. In 1976 he was awarded the Nobel Prize in economics. He has written a number of books, including two with his wife, Rose D. Friedman-the bestselling Free to Choose and Two Lucky People: Memoirs, the latter published by the University of Chicago Press.

Table of Contents

Preface, 2002	vii
Preface, 1982	xi
Preface	xv
Introduction	1	(6)
The Relation Between Economic Freedom and Political Freedom	7	(15)
The Role of Government in a free Society	22	(15)
The Control of Money	37	(19)
International Financial and Trade Arrangements	56	(19)
Fiscal Policy	75	(10)
The Role of Government in Education	85	(23)
Capitalism and Discrimination	108	(11)
Monopoly and the Social Responsibility of Business and Labor	119	(18)
Occupational Licensure	137	(24)
The Distribution of Income	161	(16)
Social Welfare Measures	177	(13)
Alleviation of Poverty	190	(6)
Conclusion	196	(7)
Index	203