Book read: Capitalism and Freedom
This book enlightens us with ample concrete examples about how our understanding of our economy, such as our understanding of income distribution, is often illogical and unfounded. For instance, political systems and economic systems are not independent. Economic freedoms, like international travel or pension payments, are constrained by political systems. This book provides rich insights into how democracy and totalitarianism, families and corporations as economic agents, barter and currency, markets and centralization, freedom and coercion, impact our society.
The bible of global structural reform. Originally published in 1962, this is the long-awaited new translation of Friedman's most beloved work. A classic that expounds the meaning of ultra-liberal policies such as postal reform, education vouchers, and deregulation.
