Capitalism and freedom5/24/2023 This new edition includes prefaces written by Friedman for both the 19 reissues of the book, as well as a new foreword by Binyamin Appelbaum, lead economics writer for the New York Times editorial board. MILTON FRIEDMAN IN DISCUSSING the principles of a free society it is desirable to have a convenient label and this has become extremely difficult. 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. 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.įirst published in 1962, Friedman’s Capitalism and Freedom is one of the most significant works of economic theory ever written. One of Intercollegiate Studies Institute’s 50 Best Books of the 20th Century One of National Review’s 100 Best Nonfiction Books of the Century The Hoover Institution’s Human Prosperity Project critically examined many of these experiments to see which. While these debates are often in the abstract, over the last century countries have experimented with variations on both economic systems. One of Times Literary Supplement’s 100 Most Influential Books Since the War We regularly see them in the debates over the merits of socialism versus free market capitalism. One of TIME magazine’s All-TIME 100 Best Nonfiction Books
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