In 'Free to Choose', Milton and Rose Friedman challenge the conventional wisdom about government and economy, advocating for individual freedom over state control. They argue that personal choice is a fundamental right and is essential for a prosperous society. Through compelling anecdotes and rigorous analysis, they illustrate how free markets lead to innovation and growth. By debunking myths surrounding government intervention, they inspire readers to consider the implications of their beliefs on liberty and responsibility. This thought-provoking work not only critiques policies but also empowers individuals to seek and embrace their freedom.
By Milton Friedman, Rose D. Friedman
Published: 1990
"The great virtue of a free market is that it allows each individual to choose what is best for themselves, leading to a more prosperous and harmonious society."
In this classic about economics, freedom, and the relationship between the two, Milton and Rose Friedman explain how our freedom has been eroded and our prosperity undermined through the explosion of laws, regulations, agencies, and spending in Washington, and how good intentions often produce deplorable results when government is the middleman. The Friedmans also provide remedies for these ills--they tell us what to do in order to expand our freedom and promote prosperity.
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“The great virtue of a free market is that it allows each individual to choose what is best for themselves, leading to a more prosperous and harmonious society.”
Free to Choose
By Milton Friedman, Rose D. Friedman
Discover a world of knowledge through our extensive collection of book summaries.
Milton Friedman (1912-2006) was a renowned American economist and Nobel Prize winner known for his pioneering contributions to the fields of monetary policy, consumption analysis, and the theory of the consumption function. An advocate for free-market capitalism, he is best known for his influential works such as "Capitalism and Freedom" and "A Monetary History of the United States, 1867-1960," co-authored with Anna Schwartz. Friedman’s writing style is characterized by clarity and precision, making complex economic concepts accessible to a broad audience. He was a prominent public intellectual and often engaged in debates about government intervention and economic policy, leaving a lasting legacy in the discipline of economics.
Rose D. Friedman is an acclaimed author known for her thought-provoking novels and engaging essays that often explore themes of identity, resilience, and the human experience. Her notable works include the bestselling 'The Echo of Silence' and 'Threads of Tomorrow,' which have received critical acclaim for their richly developed characters and immersive storytelling. Friedman's writing style is characterized by its lyrical prose and deep psychological insights, captivating readers and encouraging them to reflect on their own lives. She is a graduate of Princeton University and frequently speaks at literary events, inspiring aspiring writers with her passion for storytelling.
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