Free to Choose: A Personal Statement Author: Milton Friedman | Language: English | ISBN:
B004MYFLBS | Format: EPUB
Free to Choose: A Personal Statement Description
The international bestseller on the extent to which personal freedom has been eroded by government regulations and agencies while personal prosperity has been undermined by government spending and economic controls. New Foreword by the Authors; Index.
- File Size: 1348 KB
- Print Length: 362 pages
- Page Numbers Source ISBN: 0156334607
- Publisher: Houghton Mifflin Harcourt (November 26, 1990)
- Sold by: Amazon Digital Services, Inc.
- Language: English
- ASIN: B004MYFLBS
- Text-to-Speech: Enabled
X-Ray:
- Lending: Not Enabled
- Amazon Best Sellers Rank: #24,048 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
- #5
in Kindle Store > Kindle eBooks > Business & Money > Economics > Free Enterprise - #8
in Kindle Store > Kindle eBooks > Business & Money > Economics > Theory - #19
in Books > Business & Money > Economics > Free Enterprise
- #5
in Kindle Store > Kindle eBooks > Business & Money > Economics > Free Enterprise - #8
in Kindle Store > Kindle eBooks > Business & Money > Economics > Theory - #19
in Books > Business & Money > Economics > Free Enterprise
Being Nobel winning economist, I was not sure what to expect from this "personal statement". What a pleasant surprise and enjoyable read. The book represents the Friedman's take on the government policies of the day (1979). Not knowing that the book was written over 20 years ago a reader would swear it just rolled off the press. The fact that the problems addressed by this book are still the problems we are (or more importantly are not truly) debating today only bolsters the arguments that current government policy is failing.
As a not quite totally liberal or Libertarian (as modern socialist democrats (Ted Kennedy, Al Gore, Diane Feinstien, etc.) and moderate Republicans (Olympia Snowe, Lincoln Chaffee, James Jeffords, etc.) have co-opted the liberal and moderate monikers), Friedman puts forth arguments against government intervention is many areas, but does demonstrate where government can be helpful, in limited ways, to address various market failures. The book addresses areas such as free markets, price and wage controls (which are currently causing electricity shortages in California), equality and justice, education (Friedman has been urging parental choice in public schooling since the 1950s), consumer protection, worker protection and inflation. The book presents each issue by examining how we got to the current state, what is wrong with the current policy and how he believes the policy should be changed. In various instances, he suggest both his preferred change and a watered down version (pragmatic version) that might actually be enacted in our current political morass.
A quick note to readers. One reviewer suggested that the book plagiarizes the work of Lord John Maynard Keynes. This could not be further from the truth.
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