Capitalism and Freedom: Fortieth Anniversary EditionUniversity of Chicago Press, 2002 M11 15 - 208 pages Selected by the Times Literary Supplement as 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 philosophy—one 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. |
From inside the book
Results 1-5 of 47
Page v
... ROLE OF GOVERNMENT IN A FREE SOCIETY 22 III THE CONTROL OF MONEY 37 721 IV INTERNATIONAL FINANCIAL AND TRADE ARRANGEMENTS 56 V FISCAL POLICY 75 VI THE ROLE OF GOVERNMENT IN EDUCATION 85 VII CAPITALISM AND DISCRIMINATION 108 VIII ...
... ROLE OF GOVERNMENT IN A FREE SOCIETY 22 III THE CONTROL OF MONEY 37 721 IV INTERNATIONAL FINANCIAL AND TRADE ARRANGEMENTS 56 V FISCAL POLICY 75 VI THE ROLE OF GOVERNMENT IN EDUCATION 85 VII CAPITALISM AND DISCRIMINATION 108 VIII ...
Page vii
... role of government was exploding under the influence of initial welfare state and Keynesian views . In 1956 , when I gave the lectures that my wife helped shape into this book , government spending in the United States — federal , state ...
... role of government was exploding under the influence of initial welfare state and Keynesian views . In 1956 , when I gave the lectures that my wife helped shape into this book , government spending in the United States — federal , state ...
Page viii
... role and government a smaller one . I interpret the situation as reflecting the long lag between opin- ion and practice . The rapid socialization of the post - World War II decades reflected the prewar shift of opinion toward ...
... role and government a smaller one . I interpret the situation as reflecting the long lag between opin- ion and practice . The rapid socialization of the post - World War II decades reflected the prewar shift of opinion toward ...
Page ix
... role for government . Many of the former Soviet satellites have done the same . In all those cases , in accordance with the theme of this book , increases in economic freedom have gone hand in hand with increases in political and civil ...
... role for government . Many of the former Soviet satellites have done the same . In all those cases , in accordance with the theme of this book , increases in economic freedom have gone hand in hand with increases in political and civil ...
Page x
Fortieth Anniversary Edition Milton Friedman, Rose D. Friedman. inadequate treatment of the role of political freedom , which under some circumstances promotes economic and civic free- dom , and under others , inhibits economic and civic ...
Fortieth Anniversary Edition Milton Friedman, Rose D. Friedman. inadequate treatment of the role of political freedom , which under some circumstances promotes economic and civic free- dom , and under others , inhibits economic and civic ...
Contents
THE RELATION BETWEEN ECONOMIC FREEDOM AND POLITICAL FREEDOM | 7 |
THE ROLE OF GOVERNMENT IN A FREE SOCIETY | 22 |
THE CONTROL OF MONEY | 37 |
INTERNATIONAL FINANCIAL AND TRADE ARRANGEMENTS | 56 |
FISCAL POLICY | 75 |
THE ROLE OF GOVERNMENT IN EDUCATION | 85 |
CAPITALISM AND DISCRIMINATION | 108 |
MONOPOLY AND THE SOCIAL RESPONSIBILITY OF BUSINESS AND LABOR | 119 |
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Common terms and phrases
A. V. Dicey achieve activities amount annuities argument arrangements banks capital Capitalism and Freedom capitalist cent certification chapter competition contracts costs countries course currency decline dollars earnings economic freedom enforce enterprise equal ernment example exchange rates expenditures favor federal FEPC fiduciary currency finance floating exchange rates foreign fraction free market free society gold standard governmental groups higher important imposed incentive income tax individuals inequality interest intervention investment involved justify Keynesian kind labor labor unions less liberal licensed licensure limited major means measures ment Milton Friedman monetary neighborhood effects nomic occupation particular payments physicians political freedom practice present principles problem produce public housing reason reduce regard restrictions right-to-work law role schools sell social spend stock of money subsidy tariffs technical monopoly tion trade unions United voluntary wage