Genre: Nonfiction—Political Philosophy
& Economics
Completed: 4 March 2012
Summary & Review:
Nobel-prize winning
economist and libertarian Milton Friedman presents his argument that economic
freedom and political freedom are intertwined and inseparable. Without free
markets, political freedom is impossible and Friedman makes the case that such freedoms
are the path to increased harmony and prosperity in the world. By examining
both broad concepts, such as the proper role of government in a free society
and monetary policy, and specific social issues, Friedman makes a logical and
convincing case. An “Arguments Summed Up” post will follow in a few weeks with
a more detailed discussion of this seminal text.
Even
though this book was written over forty years ago—the edition I read was the
fortieth anniversary edition—the arguments and principles that Friedman puts
forth are wholly relevant and applicable to today’s situation. Actually, they
are probably even more important now than ever. Far too many people have abandoned
a belief in maximized personal freedom and minimized governance from the state.
But, to me, it is clear that one can
only life a fully satisfying and complete life when he is free to choose, to
make mistakes, and to succeed without coercion from his neighbor or his
government.
This is
an important book and I definitely recommend it.
Rating: 9.5
No comments:
Post a Comment