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Chapter Overview
Chapter 1: AudiobookHub Recommendation
Chapter 2: Economic and political freedom both rely on a truly small, decentralized government.
Chapter 3: Raising government spending doesn’t produce economic growth and expansion.
Chapter 4: The government should take a far more limited role in monetary policy than it does currently.
Chapter 5: While government must play a role in education, that role should be limited.
Chapter 6: Government intervention often creates truly needless monopolies.
Chapter 7: Income inequality is an essential feature of society.
Chapter 8: Inefficient social welfare programs should be replaced entirely by measures like a negative income tax.
Description
Capitalism and Freedom (1962) is one of the most influential discussions of the relationship between economic and political freedom to have ever been put to paper. Written at the height of the Cold War between Soviet socialism and Western capitalism, Milton Friedman argues that only free markets can guarantee liberty. His theory remains every bit as relevant and thought-provoking today as when it was first published.
Who Should Listen
- Economics buffs fascinated by the intellectual history of the last century
- Free-marketeers, classical liberals and libertarians
- Opponents of free-market capitalism interested in the other side of the argument