Capitalism and Freedom

by
Edition: 40th
Format: Paperback
Pub. Date: 2002-11-15
Publisher(s): Univ of Chicago Pr
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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

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