Shibbie's Reviews > Capitalism and Freedom

Capitalism and Freedom by Milton Friedman
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Feb 26, 08

bookshelves: read-for-school, own
Read in February, 2008

Ahh, Friedman, the quintessential libertarian thinker. I'd always wanted to read him and finally was forced to for school. Friedman echoes everything I've always inherently believed about economics/politics. Namely, he argues that freedom is a good in and of it self that protects man from society. This freedom is antithetical to the idea of a welfare state, where some gain at the expense of others. He argues that the free market, and the free market alone, fosters innovation by incentivizing (through high payoffs) novel ideas. Although Friedman believes that this will usually help even the poorest, it is by no means a requirement.
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