Capitalism and Freedom
by Milton Friedman
Friedman's 1962 argument that economic freedom is a condition of political freedom, with proposals from school vouchers to the negative income tax. Influential and clear.
Read it if…
you want the classical-liberal case in one short book.
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Skip it if…
you want a critique.
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Three things you will actually use
- Economic and political freedom are linked.
- Limit government to what markets cannot do.
- Judge policies by results, not intentions.
Do this first
Read the introduction and the chapter on the role of government.
Our verdict
Friedman's case.
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