Publicado originalmente en 1962, Capitalismo y Libertad es mucho más que un tratado de economía. Milton Friedman, Premio Nobel de Economía, argumenta que la es una condición necesaria para la libertad política .
: He proposes that the government should only act as a "rule-maker" and "umpire," focusing on protecting property rights and maintaining law and order rather than managing the economy. Publicado originalmente en 1962, Capitalismo y Libertad es
Second, Friedman contends that capitalism provides an essential counterweight to the state. Even when a democratic government becomes overbearing, citizens can still exercise economic choices – what job to take, what to buy, where to live – that the state cannot completely control. As Friedman famously wrote, “Political freedom is the absence of coercion of a man by his fellow men.” He believed that the greatest threat to this freedom was the concentration of power, and that the market’s decentralized decision-making is the most effective bulwark against that concentration. what to buy
Capacidad de encontrar términos específicos como "monetarismo" o "liberalismo" dentro del texto. Publicado originalmente en 1962
: Friedman sostiene que la inflación es siempre un "fenómeno monetario" causado por un aumento excesivo de la oferta de dinero.