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Download the PDF of the classic book by Milton Friedman, a Nobel laureate economist and advocate of free market capitalism. The book argues that economic freedom is essential for political freedom and that socialism is incompatible with democracy.
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inescapable connection between capitalism and democracy has recently begun to seem plausible to a number ofintellec tuals who once would have regarded such a view not only as wrong but even as politically dangerous." My contribution consisted of an extensive quotation from Capitalism and Freedom j a briefer one from Adam Smith, and a closing in
Those of us who were deeply concerned about the danger to freedom and prosperity from the growth of government, from the triumph of welfare- state and Keynesian ideas, were a small beleaguered...
7 sty 2021 · 359.4M. 202 pages ; 21 cm. Originally published: 1962. Includes bibliographical references. The relation between economic freedom and political freedom. -- The role of government in a free society. -- The control of money. -- International financial and trade arrangements. -- Fiscal policy.
This book discusses some of these great issues. Its major theme is the role of competitive capitalism the organization of the bulk of economic activity through private enterprise operating in a free market as a system of economic freedom and a necessary condition for political freedom.
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