- Paperback: 214 pages
- Publisher: University of Chicago Press; 2nd edition edition (1 Feb 1963)
- Language English
- ISBN-10: 0226264017
- ISBN-13: 978-0226264011
- Product Dimensions: 20.1 x 13.5 x 1.3 cm
- Average Customer Review: 3.7 out of 5 stars See all reviews (3 customer reviews)
- Amazon Bestsellers Rank: 508,783 in Books (See Top 100 in Books)
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Product Description
Product Description
In the classic bestseller, Capitalism and Freedom, Milton Friedman presents his view of the proper role of competitive capitalism--the organization 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. Beginning with a discussion of principles of a liberal society, Friedman applies them to such constantly pressing problems as monetary policy, discrimination, education, income distribution, welfare, and poverty. "Milton Friedman is one of the nation's outstanding economists, distinguished for remarkable analytical powers and technical virtuosity. He is unfailingly enlightening, independent, courageous, penetrating, and above all, stimulating."-Henry Hazlitt, Newsweek "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
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Most Helpful Customer Reviews
15 of 24 people found the following review helpful:
5.0 out of 5 stars
Vintage, yet compact, Friedman,
By A Customer
This review is from: Capitalism and Freedom (Phoenix Books) (Paperback)
In the tradition of Hayek, Friedman's Capitalism and Freedom attempts to show the dangers of centralized power. Although it is rather short, much like the Road to Serfdom, and lacks the comprehensiveness of a Free to Choose (also by Milton and Rose Friedman) it still comes across rather forcefully. His attention to principle's, something lacking in our 'pragmatic' politics of today, and his ability to come to logical conclusions is remarkable.I gave the book five stars because I welcome such analysis and believe the book to have achieved what it set out to do (at varying points in the book Friedman would point out that this book is not meant to be 'thorough' in the sense of a complete exposition and refers the reader to alternate books for further discussion). A must read for all politicians and government types alike (whether in Canada or abroad).
4 of 15 people found the following review helpful:
4.0 out of 5 stars
Good,
By A Customer
This review is from: Capitalism and Freedom (Phoenix Books) (Paperback)
Milton Friedman is a great economist and a good man. His books, especially his Monetary History, have been a great contribution to 20th century thought. In this book he presents a strong case for liberty. For the most part, he is very consistent. However, his stance on education is a bit weak. He seems to miss that public education is a horrible and ultimately destructive institution. Despite this, I would recommend this book to anyone who is interested in capitalism. But, I would also have to recommend Sheldon Richman's "Separating School and State" as a supplement.
13 of 137 people found the following review helpful:
2.0 out of 5 stars
all 100% correct except for one glaring ommission,
By A Customer
This review is from: Capitalism and Freedom (Phoenix Books) (Paperback)
Mr. Friedman is certainly the greatest living economist and this book is the best there is for an introduction to what capitalism really is. Mr Friedman explains to us the complex basics of economics that most still don't understand. For example when two capitalists exchange money or goods is one getting ripped off, are they doing something trivial, selfish, or wasteful that should be regulated by the gov't, or are they advancing the cause of prosperity ,civilization and freedom? Mr. Friedman walks us through these issues, and more, very brilliantly but in the end he doesn't tell us what to do. When we watch the evening news or walk into the voting booth we are not asked for our opinion of capitialism,rather, we are asked our opinions of Democrats and Republicans. The real issue is not capitalism vs. other; it is Republicans vs Democrats. The book: Understanding The Difference Between Democrats and Republicans is still one of the very few, unbelievably, that deals with this, the most important issue we face. And it isn't ashamed to point out at great length the connection between Republicans, capitalism, and freedom.
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