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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

"M.F. is brilliant to a fault."

Written By: Jason P. Denny

This is a wonderful and timeless book that I recommend to any person interested in politics, economics, finance, ethics or current events. Friedman possessed a brilliant mind and the world is better off for having him. That being said, one must read this book with skepticism. In general, I identify with the fundamentals of the libertarian stance as applied in both a fiscal and social viewpoint. In a liberally structured utopia the philosophy of Friedman is magically flawless. Anybody who appreciates the absolute balance of risk to reward, credit to debit, or right to wrong would certainly appreciate the rational of Friedman. Unfortunately we do not live in such a world. The world we live in as a whole is messy. Nothing is as precise as we'd ideally like it to be. So, although I appreciate Friedman's philosophy, I find it hard to imagine its application - in entirety - on a macro level. Nevertheless it is a goal worth striving to achieve.

"Read it twice"

Written By: C. Anderson

A fantastic piece of literature. The concise nature of the book belies the depth of knowledge and purpose of Friedman's writings, but then that is what he intended. I find I take more out of the book each time I read it. A must for any serious economist and to any one willing to gain a clearer picture of the political economy and the forces at play.
Do yourself a big favour and read this and if are a socialist then be warned, the truth will hurt! (If Mises's work has not already done that)

"Friedman is best on Economics this is a must read"

Written By: R. Booth

excellent read and should be a must for all college freshmen also should read "free to choose" by milton and rose friedman

"considering current events, he left something out!!!!"

Written By: patterson

the title above says it all.

something missing in his considerations.

perhaps should include a chapter on human character and the greed that appears to run rampant in the higher levels of the economic ladder.

"This man is a piece of garbage."

Written By: P. Sherlock

I literally almost vomitted reading this book for class. This father of Neoliberalism, the murderer Pinochet's pal, has caused immense suffering and destruction in the world with his proven-to-fail free market capitalism. Thank goodness he's dead. Lets pray there won't be another one as evil as him around for a while.