In this classic discussion about economics, freedom, and the relationship between the two, 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. Also they carefully examine how good intentions often produce deplorable results when government steps in as a middleman. The Friedmans also provide remedies for those economic ills-energetically informing us about what we should do in order to expand our freedom and promote prosperity. Powerful and persuasive, here is the important analysis of what has gone wrong in America in the past and what is necessary for our economic health to flourish.
Author
Milton Friedman was an American Nobel Laureate economist and public intellectual. He made major contributions to the fields of economics and statistics. In 1976, he was awarded the Nobel Prize in Economics for his achievements in the fields of consumption analysis, monetary history and theory, and for his demonstration of the complexity of stabilization policy. He was an advocate of economic freedom. According to The Economist, Friedman "was the most influential economist of the second half of the 20th century...possibly of all of it". Former Federal Reserve Board chairman Alan Greenspan stated, "There are very few people over the generations who have ideas that are sufficiently original to materially alter the direction of civilization. Milton is one of those very few people." Source: Wikipedia
