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Capitalism and Freedom

Author

Listed:
  • Friedman, Milton
  • Appelbaum, Binyamin

Abstract

One of TIME magazine’s All-TIME 100 Best Nonfiction Books One of Times Literary Supplement ’s 100 Most Influential Books Since the War One of National Review ’s 100 Best Nonfiction Books of the Century ​One of Intercollegiate Studies Institute’s 50 Best Books of the 20th Century How can we benefit from the promise of government while avoiding the threat it poses to individual freedom? In this classic book, Milton Friedman provides the definitive statement of an immensely influential economic philosophy—one in which competitive capitalism serves as both a device for achieving economic freedom and a necessary condition for political freedom. ​ First published in 1962, Friedman’s Capitalism and Freedom is one of the most significant works of economic theory ever written. Enduring in its eminence and esteem, it has sold nearly a million copies in English, has been translated into eighteen languages, and continues to inform economic thinking and policymaking around the world. This new edition includes prefaces written by Friedman for both the 1982 and 2002 reissues of the book, as well as a new foreword by Binyamin Appelbaum, lead economics writer for the New York Times editorial board.

Suggested Citation

  • Friedman, Milton & Appelbaum, Binyamin, 2020. "Capitalism and Freedom," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226734798, September.
  • Handle: RePEc:ucp:bkecon:9780226734798
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    Cited by:

    1. Björn Mestdagh & Olivier Sempiga & Luc Van Liedekerke, 2023. "The Impact of External Shocks on the Sustainable Development Goals (SDGs): Linking the COVID-19 Pandemic to SDG Implementation at the Local Government Level," Sustainability, MDPI, vol. 15(7), pages 1-18, April.
    2. Soleri, Daniela & Kleinman, Nathaniel & Newburn, Rebecca, 2021. "Community Seed Groups: Biological and Especially Social Investigations Can Support Crisis Response Capacity," SocArXiv swv47, Center for Open Science.
    3. A. G. Aganbegyan, 2022. "The Two Main Macroeconomic Theories of Keynes and Friedman and Their Use in the Economic Policy of the World’s Major Countries and Russia," Studies on Russian Economic Development, Springer, vol. 33(5), pages 471-479, October.
    4. Matthew Caulfield, 2023. "Between Markets, Politics, and Ethics: On Vendor Conscience and Impersonal Markets," Journal of Business Ethics, Springer, vol. 188(2), pages 307-326, November.
    5. Gabriel MANESCU & Maria CONSTANTINESCU & Ghita BARSAN & Dorel BADEA & Dumitru IANCU, 2020. "Managerial Ethics As Soft Power Tool For Organizations In Defense And Security Areas," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 14(1), pages 956-967, November.

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