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A powerful and persuasive discussion about economics, freedom, and the relationship between the two, from today’s brightest economist.
In this classic book on the free market, Milton and Rose Friedman explain how our freedom has been eroded and our affluence undermined through the explosion of laws, regulations, agencies, and spending in Washington. This important analysis of economic policy reveals what has gone wrong in America in the past and what is necessary for our economic health to flourish.
The Friedmans offer a clear-eyed diagnosis and a prescription for restoring economic health:
Capitalism and Freedom: A powerful case for why economic freedom is the essential prerequisite for political freedom. The Power of the Market: A brilliant explanation of how voluntary cooperation through the price system creates prosperity without central direction. The Tyranny of Controls: An analysis of how an explosion of laws and regulations undermines affluence and stifles innovation. Cradle to Grave: An incisive look at the unintended consequences of the welfare state and the erosion of individual responsibility.