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| milton friedman capitalism and freedom chapter 2 summary: Capitalism and freedom Milton Friedman, Rose D. Friedman, 2006 |
| milton friedman capitalism and freedom chapter 2 summary: Capitalism and Freedom Milton Friedman, 2020-09-22 One of TIME magazine’s All-TIME 100 Best Nonfiction Books One of Times Literary Supplement’s 100 Most Influential Books Since the War One of National Review’s 100 Best Nonfiction Books of the Century One of Intercollegiate Studies Institute’s 50 Best Books of the 20th Century How can we benefit from the promise of government while avoiding the threat it poses to individual freedom? In this classic book, Milton Friedman provides the definitive statement of an immensely influential economic philosophy—one in which competitive capitalism serves as both a device for achieving economic freedom and a necessary condition for political freedom. First published in 1962, Friedman’s Capitalism and Freedom is one of the most significant works of economic theory ever written. Enduring in its eminence and esteem, it has sold nearly a million copies in English, has been translated into eighteen languages, and continues to inform economic thinking and policymaking around the world. This new edition includes prefaces written by Friedman for both the 1982 and 2002 reissues of the book, as well as a new foreword by Binyamin Appelbaum, lead economics writer for the New York Times editorial board. |
| milton friedman capitalism and freedom chapter 2 summary: Milton Friedman on Freedom Milton Friedman, 2023-10 Milton Friedman, recipient of the both the Presidential Medal of Freedom and the Nobel Prize in Economics, was one of the most influential thinkers of his time and among the nation' s most energetic and thoughtful exponents of freedom. This volume of fifteen essays offers a complete picture the economist' s thinking about freedom, the value that formed the moral foundation of his intellectual life. |
| milton friedman capitalism and freedom chapter 2 summary: Free to Choose Milton Friedman, Rose D. Friedman, 1990 C.1 MEMORIAL GIFT. 03-28-2008. $15.95. |
| milton friedman capitalism and freedom chapter 2 summary: The Machinery of Freedom David D. Friedman, 1973 |
| milton friedman capitalism and freedom chapter 2 summary: The Shock Doctrine Naomi Klein, 2014-10-02 'Impassioned, hugely informative, wonderfully controversial, and scary as hell' John le Carré Around the world in Britain, the United States, Asia and the Middle East, there are people with power who are cashing in on chaos; exploiting bloodshed and catastrophe to brutally remake our world in their image. They are the shock doctors. Exposing these global profiteers, Naomi Klein discovered information and connections that shocked even her about how comprehensively the shock doctors' beliefs now dominate our world - and how this domination has been achieved. Raking in billions out of the tsunami, plundering Russia, exploiting Iraq - this is the chilling tale of how a few are making a killing while more are getting killed. 'Packed with thinking dynamite ... a book to be read everywhere' John Berger 'If you only read one non-fiction book this year, make it this one' Metro Books of the Year 'There are a few books that really help us understand the present. The Shock Doctrine is one of those books' John Gray, Guardian 'A brilliant book written with a perfectly distilled anger, channelled through hard fact. She has indeed surpassed No Logo' Independent |
| milton friedman capitalism and freedom chapter 2 summary: Why Capitalism? Allan H. Meltzer, 2012-02-20 Why Capitalism? addresses the current debate among politicians, scholars in the political sciences, and general readers on the benefits and the supposed shortcomings of capitalism. |
| milton friedman capitalism and freedom chapter 2 summary: Up from the Projects Walter E. Williams, 2013-09-01 Nationally syndicated columnist and prolific author Walter E. Williams recalls some of the highlights and turning points of his life. From his lower middle class beginnings in a mixed but predominantly black neighborhood in West Philadelphia to his department chair at George Mason University, Williams tells an only in America story of a life of achievement. |
| milton friedman capitalism and freedom chapter 2 summary: The Holy Spirit Gregg Allison, Andreas J. Köstenberger, 2020-06-01 This book studies the Holy Spirit through the lens of both biblical and systematic theology. It provides a comprehensive look at the third person of the Trinity as revealed by Scripture, focusing on eight central themes and assumptions. |
| milton friedman capitalism and freedom chapter 2 summary: Utopia for Realists Rutger Bregman, 2017-03-14 Universal basic income. A 15-hour workweek. Open borders. Does it sound too good to be true? One of Europe's leading young thinkers shows how we can build an ideal world today. A more politically radical Malcolm Gladwell. -- New York Times After working all day at jobs we often dislike, we buy things we don't need. Rutger Bregman, a Dutch historian, reminds us it needn't be this way -- and in some places it isn't. Rutger Bregman's TED Talk about universal basic income seemed impossibly radical when he delivered it in 2014. A quarter of a million views later, the subject of that video is being seriously considered by leading economists and government leaders the world over. It's just one of the many utopian ideas that Bregman proves is possible today. Utopia for Realists is one of those rare books that takes you by surprise and challenges what you think can happen. From a Canadian city that once completely eradicated poverty, to Richard Nixon's near implementation of a basic income for millions of Americans, Bregman takes us on a journey through history, and beyond the traditional left-right divides, as he champions ideas whose time have come. Every progressive milestone of civilization -- from the end of slavery to the beginning of democracy -- was once considered a utopian fantasy. Bregman's book, both challenging and bracing, demonstrates that new utopian ideas, like the elimination of poverty and the creation of the fifteen-hour workweek, can become a reality in our lifetime. Being unrealistic and unreasonable can in fact make the impossible inevitable, and it is the only way to build the ideal world. |
| milton friedman capitalism and freedom chapter 2 summary: The Book of Revelation Paul M. Hoskins, 2017-02-27 In this commentary, Paul Hoskins provides an accessible guide for those who want to understand the book of Revelation. He points out Revelation's many connections to the Old Testament, the theology of John, and biblical theology. He shows how useful these connections can be for interpreting Revelation and appreciating its richness. In addition, Hoskins brings out the relevance of the book of Revelation for Christians in John's day as well as in our own. Technical details and interaction with scholarly discussions are handled in footnotes in order to minimize confusion for the average reader. A well-researched and carefully presented work of Evangelical scholarship, this commentary provides a good starting place for Christians who are looking for insight into the book of Revelation. |
| milton friedman capitalism and freedom chapter 2 summary: Conceptualizing Capitalism Geoffrey M. Hodgson, 2015-09-22 Capitalism is the dominant economic framework in modern history, but it s unclear how it really works. Relying on the free movement and spontaneous coordination of seemingly infinitesimal market forces, its very essence is remarkably complex. Geoffrey M. Hodgson offers a more precise conceptual framework, defines the concepts involved, and illustrates that what is most important, and what has been most often overlooked, are institutions and contractsthe law. Chapter by chapter, Hodgson focuses in on how capitalism works at its very core to develop his own definitive theory of capitalism. By employing economic history and comparative analysis toward explanatory and analytical ends, Hodgson shows how capitalism is not an eternal or natural order, but indeed a relatively recent institution. If anyone were qualified to venture such a comprehensive and definitive analysis of such an important economic, legal, and social phenomenon, it is Geoffrey Hodgson. Conceptualizing Capitalism will significantly alter and carry forward our understanding of markets and how they work. |
| milton friedman capitalism and freedom chapter 2 summary: Equality and Efficiency REV Arthur M. Okun, 2015-04-30 Originally published in 1975, Equality and Efficiency: The Big Tradeoff is a very personal work from one of the most important macroeconomists of the last hundred years. And this new edition includes Further Thoughts on Equality and Efficiency, a paper published by the author two years later. In classrooms Arthur M. Okun may be best remembered for Okun's Law, but his lasting legacy is the respect and admiration he earned from economists, practitioners, and policymakers. Equality and Efficiency is the perfect embodiment of that legacy, valued both by professional economists and those readers with a keen interest in social policy. To his fellow economists, Okun presents messages, in the form of additional comments and select citations, in his footnotes. To all readers, Okun presents an engaging dual theme: the market needs a place, and the market needs to be kept in its place. As Okun puts it: Institutions in a capitalist democracy prod us to get ahead of our neighbors economically after telling us to stay in line socially. This double standard professes and pursues an egalitarian political and social system while simultaneously generating gaping disparities in economic well-being. Today, Okun's dual theme feels incredibly prescient as we grapple with the hot-button topic of income inequality. In his foreword, Lawrence H. Summers declares: On what one might think of as questions of economic philosophy, I doubt that Okun has been improved on in the subsequent interval. His discussion of how societies rely on rights as well as markets should be required reading for all young economists who are enamored with market solutions to all problems. With a new foreword by Lawrence H. Summers |
| milton friedman capitalism and freedom chapter 2 summary: The Road to Serfdom , 2015-12-26 Over Two Million Copies Sold The Road to Serfdom By Friedrich A. Hayek Condensed Edition The Road to Serfdom is a book written by the Austrian-born economist and philosopher Friedrich von Hayek (1899-1992) between 1940-1943, in which he [warns] of the danger of tyranny that inevitably results from government control of economic decision-making through central planning. He further argues that the abandonment of individualism and classical liberalism inevitably leads to a loss of freedom, the creation of an oppressive society, the tyranny of a dictator, and the serfdom of the individual. Significantly, Hayek challenged the general view among British academics that fascism (and National Socialism) was a capitalist reaction against socialism. He argued that fascism, National Socialism and socialism had common roots in central economic planning and empowering the state over the individual. Since its publication in 1944, The Road to Serfdom has been an influential and popular exposition of market libertarianism. It has sold over two million copies. The Road to Serfdom was to be the popular edition of the second volume of Hayek's treatise entitled The Abuse and Decline of Reason, and the title was inspired by the writings of the 19th century French classical liberal thinker Alexis de Tocqueville on the road to servitude. The book was first published in Britain by Routledge in March 1944, during World War II, and was quite popular, leading Hayek to call it that unobtainable book, also due in part to wartime paper rationing. It was published in the United States by the University of Chicago Press in September 1944 and achieved great popularity. At the arrangement of editor Max Eastman, the American magazine Reader's Digest published an abridged version in April 1945, enabling The Road to Serfdom to reach a wider popular audience beyond academics. The Road to Serfdom has had a significant impact on twentieth-century conservative and libertarian economic and political discourse, and is often cited today by commentators. |
| milton friedman capitalism and freedom chapter 2 summary: A Little History of Economics Niall Kishtainy, 2017-03-07 A lively, inviting account of the history of economics, told through events from ancient to modern times and the ideas of great thinkers in the field What causes poverty? Are economic crises inevitable under capitalism? Is government intervention in an economy a helpful approach or a disastrous idea? The answers to such basic economic questions matter to everyone, yet the unfamiliar jargon and math of economics can seem daunting. This clear, accessible, and even humorous book is ideal for young readers new to economics and for all readers who seek a better understanding of the full sweep of economic history and ideas. Economic historian Niall Kishtainy organizes short, chronological chapters that center on big ideas and events. He recounts the contributions of key thinkers including Adam Smith, David Ricardo, Karl Marx, John Maynard Keynes, and others, while examining topics ranging from the invention of money and the rise of agrarianism to the Great Depression, entrepreneurship, environmental destruction, inequality, and behavioral economics. The result is a uniquely enjoyable volume that succeeds in illuminating the economic ideas and forces that shape our world. |
| milton friedman capitalism and freedom chapter 2 summary: The Conscience of a Liberal Paul Krugman, 2009 This original volume by the bestselling author of The Great Unraveling challenges America to reclaim the values that have made it great. Krugman weaves together a nuanced account of three generations of history with sharp political, social, and economic analysis. |
| milton friedman capitalism and freedom chapter 2 summary: The Constitution of Liberty F. A. Hayek, 2011-04-01 From the $700 billion bailout of the banking industry to president Barack Obama’s $787 billion stimulus package to the highly controversial passage of federal health-care reform, conservatives and concerned citizens alike have grown increasingly fearful of big government. Enter Nobel Prize–winning economist and political theorist F. A. Hayek, whose passionate warning against empowering states with greater economic control, The Road to Serfdom, became an overnight sensation last summer when it was endorsed by Glenn Beck. The book has since sold over 150,000 copies. The latest entry in the University of Chicago Press’s series of newly edited editions of Hayek’s works, The Constitution of Liberty is, like Serfdom, just as relevant to our present moment. The book is considered Hayek’s classic statement on the ideals of freedom and liberty, ideals that he believes have guided—and must continue to guide—the growth of Western civilization. Here Hayek defends the principles of a free society, casting a skeptical eye on the growth of the welfare state and examining the challenges to freedom posed by an ever expanding government—as well as its corrosive effect on the creation, preservation, and utilization of knowledge. In opposition to those who call for the state to play a greater role in society, Hayek puts forward a nuanced argument for prudence. Guided by this quality, he elegantly demonstrates that a free market system in a democratic polity—under the rule of law and with strong constitutional protections of individual rights—represents the best chance for the continuing existence of liberty. Striking a balance between skepticism and hope, Hayek’s profound insights are timelier and more welcome than ever before. This definitive edition of The Constitution of Liberty will give a new generation the opportunity to learn from his enduring wisdom. |
| milton friedman capitalism and freedom chapter 2 summary: A Research Agenda for Neoliberalism Kean Birch, 2017 With an ever-expanding variety of perspectives on the concept of neoliberalism, it is increasingly difficult to identify any commonalities. This book explores how different people understand neoliberalism, and the contradictions in thinking of neoliberalism as a market-based ethic, project, or order. Detailing the intellectual history of 'neoliberal' thought, the variety of critical approaches and the many analytical ambiguities, Kean Birch presents a new way to conceptualize contemporary political economy and offers potential avenues for future research through a judicious exploration of 'neoliberal' practices, processes, and institutions. |
| milton friedman capitalism and freedom chapter 2 summary: Political Philosophy Adam Swift, 2006-08-04 A guidebook about political philosophy, focusing on the following aspects: Social justice, liberty, equality, community, and democracy. |
| milton friedman capitalism and freedom chapter 2 summary: New Individualist Review Milton Friedman, 1981-05 Over its life the Review printed seminal writing on free market and conservative topics by remarkably mature students and by Russell Kirk, Ludwig von Mises, George Stigler, Benjamin Rogge, and other already established men. What characterized the Review writers was their rigor of thought and concern for principles, features that coexist naturally. —Chronicles Initially sponsored by the University of Chicago Chapter of the Intercollegiate Society of Individualists, the New Individualist Review was more than the usual campus magazine. It declared itself founded in a commitment to human liberty. Between 1961 and 1968, seventeen issues were published which attracted a national audience of readers. Its contributors spanned the libertarian-conservative spectrum, from F. A. Hayek and Ludwig von Mises to Richard M. Weaver and William F. Buckley, Jr. In his introduction to this reprint edition, Milton Friedman—one of the magazine's faculty advisors—writes that the Review set an intellectual standard that has not yet, I believe, been matched by any of the more recent publications in the same philosophical tradition. |
| milton friedman capitalism and freedom chapter 2 summary: Foundations of Free Society (Translated to Malayalam) Eamonn Butler, 2013 Economic and political crises have often led to attacks on freedom. During the Great Depression all the major economies restricted trade by raising tariffs. This knee-jerk reaction only aggravated geo-political tensions and further increased economic hardship. The emergence of radical socialist regimes led to total oppression of civil, political and economic liberties in half the world. More recently, the events of 9/11 and the US reaction have set in motion policies that have sacrificed freedom in an attempt to increase security. Similarly, the global financial crisis that began in 2008, and which was also germinated on US soil, has been followed by increasing controls, regulations and protections. Instead of relying on the creative destruction principle of free markets, governments on both sides of the Atlantic have used huge amounts of taxpayers’ money to bail out failing businesses. Threats to freedom abound. A quarter of a century ago, the world embraced ‘glasnost’ in the Soviet Union and then celebrated the fall of the Berlin Wall. But new challenges have now emerged in the form of neo-nationalism in Europe and radicalism in the Middle East. Both trends will reduce freedom if they go unchecked. In Europe, this reversion to nationalism, and even racism, is taking place despite a relatively high degree of political freedom – a functioning democracy exists. In the Middle East, the rise of religious radicalism is less surprising – neither market nor democracy is in good shape. Despite these problems, individuals in the 21st century are in many respects freer than their predecessors in the previous century. The information and communication technology revolution has brought down all kinds of barriers. In China, for example, Li Chengpeng is a prominent writer and social critic: his Sina Weibo blog has nearly six million followers. And, during the Arab Spring, social media helped bring about widespread political and social progress. If information is power, then information technology has empowered the individual. Geographical boundaries remain, but they are becoming increasingly irrelevant. In this context, the publication of Eamonn Butler’s monograph could not be more timely. Foundations of a Free Society is a welcome addition to the family of modern primers on liberty. Butler’s unique skill lies in his ability to express complex and highly influential ideas in plain English. He also successfully undermines the arguments of critics and opponents with real-world examples that illustrate his ideas and support the theoretical arguments. This Occasional Paper is therefore an excellent introductory text for those who would like to understand the basic principles of a free society. It will be particularly helpful for those promoting freedom in countries where these principles remain largely unknown, as well as for those protecting freedom in places where traditional liberties are under assault. |
| milton friedman capitalism and freedom chapter 2 summary: Undoing the Demos Wendy Brown, 2015-02-13 Tracing neoliberalism's devastating erosions of democratic principles, practices, and cultures. Neoliberal rationality—ubiquitous today in statecraft and the workplace, in jurisprudence, education, and culture—remakes everything and everyone in the image of homo oeconomicus. What happens when this rationality transposes the constituent elements of democracy into an economic register? In Undoing the Demos, Wendy Brown explains how democracy itself is imperiled. The demos disintegrates into bits of human capital; concerns with justice bow to the mandates of growth rates, credit ratings, and investment climates; liberty submits to the imperative of human capital appreciation; equality dissolves into market competition; and popular sovereignty grows incoherent. Liberal democratic practices may not survive these transformations. Radical democratic dreams may not either. In an original and compelling argument, Brown explains how and why neoliberal reason undoes the political form and political imaginary it falsely promises to secure and reinvigorate. Through meticulous analyses of neoliberalized law, political practices, governance, and education, she charts the new common sense. Undoing the Demos makes clear that for democracy to have a future, it must become an object of struggle and rethinking. |
| milton friedman capitalism and freedom chapter 2 summary: The Commanding Heights Daniel Yergin, 1998 |
| milton friedman capitalism and freedom chapter 2 summary: The Monetary Policy of the Federal Reserve Robert L. Hetzel, 2008-03-17 Details the evolution of the monetary standard from the start of the Federal Reserve through the end of the Greenspan era. The book places that evolution in the context of the intellectual and political environment of the time. By understanding the fitful process of replacing a gold standard with a paper money standard, the conduct of monetary policy becomes a series of experiments useful for understanding the fundamental issues concerning money and prices. How did the recurrent monetary instability of the 20th century relate to the economic instability and to the associated political and social turbulence? After the detour in policy represented by FOMC chairmen Arthur Burns and G. William Miller, Paul Volcker and Alan Greenspan established the monetary standard originally foreshadowed by William McChesney Martin, who became chairman in 1951. The Monetary Policy of the Federal Reserve explains in a straightforward way the emergence and nature of the modern, inflation-targeting central bank. |
| milton friedman capitalism and freedom chapter 2 summary: Masters of the Universe? Tariq Ali, 2000 A number of distinguished dissidents voice their opinions on the intervention by NATO in the former Yugoslavia. The collection also provides background historical information on the conflict in the Balkans. |
| milton friedman capitalism and freedom chapter 2 summary: 23 Things They Don't Tell You about Capitalism Ha-Joon Chang, 2011 One of the world's most respected economists and author of the international bestseller Bad Samaritans equips readers with an understanding of how global capitalism works--and doesn't. |
| milton friedman capitalism and freedom chapter 2 summary: The Mind and the Market Jerry Z. Muller, 2003-11-11 Capitalism has never been a subject for economists alone. Philosophers, politicians, poets and social scientists have debated the cultural, moral, and political effects of capitalism for centuries, and their claims have been many and diverse. The Mind and the Market is a remarkable history of how the idea of capitalism has developed in Western thought. Ranging across an ideological spectrum that includes Hobbes, Voltaire, Adam Smith, Edmund Burke, Hegel, Marx, and Matthew Arnold, as well as twentieth-century communist, fascist, and neoliberal intellectuals, historian Jerry Muller examines a fascinating thread of ideas about the ramifications of capitalism and its future implications. This is an engaging and accessible history of ideas that reverberate throughout everyday life. |
| milton friedman capitalism and freedom chapter 2 summary: Political Capitalism Randall G. Holcombe, 2018-07-19 Problems associated with cronyism, corporatism, and policies that favor the elite over the masses have received increasing attention in recent years. Political Capitalism explains that what people often view as the result of corruption and unethical behavior are symptoms of a distinct system of political economy. The symptoms of political capitalism are often viewed as the result of government intervention in a market economy, or as attributes of a capitalist economy itself. Randall G. Holcombe combines well-established theories in economics and the social sciences to show that political capitalism is not a mixed economy, or government intervention in a market economy, or some intermediate step between capitalism and socialism. After developing the economic theory of political capitalism, Holcombe goes on to explain how changes in political ideology have facilitated the growth of political capitalism, and what can be done to redirect public policy back toward the public interest. |
| milton friedman capitalism and freedom chapter 2 summary: Quicklet on Capitalism and Freedom by Milton Friedman Danny Fenster, 2012-01-06 Quicklets: Learn more. Read Less. About Milton Friedman Milton Friedman was a Nobel prize-winning American economist and academic from the University of Chicago. He advised president Ronald Reagan, and his theories on limited government and free markets influenced politics well after Reagan. Friedman called himself a classic liberal, and opposed many forms of government regulation in pursuit of the widest feasible realm of freedom for the individual or family unit. He was also know for the book Free To Choose, co-written by his wife Rose. About Capitalism and Freedom This book formulates markets as chief proponents of personal freedoms and warns against the tyrannical force government can wield by intruding on economics. It describes the rise of capitalism occurring in tandem with the rise of freedom in general, and attempts to fight against what Milton Friedman saw as the expanding role of government in American and Western life after the second World War. BOOK EXCERPT From the Overall Summary: Friedman begins the book with a broad philosophical consideration of the relationship between free markets and free society, concluding that the two are inextricably and necessarily linked together. He traces his ideas to the European liberals of the eighteenth century, then describes the assault on these values through the first half of twentieth-century America. The liberal movement sparked a counter-movement among American intellectuals which sought increasing governmental control in the name of protecting the public, culminating in the New Deal. Friedman then goes on to argue that the role of government must be scaled back. Central planning, he says, will inevitably lead to violations of personal freedom. We need to agree on the laws, the rules of the game, and the government must enforce those laws. Beyond that, it must sit back and let us play the game as we choose. Trade restrictions are burdensome, hurtful to the economy and a dangerous overreach of government. The most effective way to turn a market economy into an authoritarian one, says Friedman, is to the impose direct controls on foreign exchange; one step in that direction leads to further controls. A free-floating exchange, based on the market, ought to decide international currency values, not government price settings. ..To be continued! Quicklets: Learn more. Read less. |
| milton friedman capitalism and freedom chapter 2 summary: New Learning Mary Kalantzis, Bill Cope, 2012-06-29 Fully updated and revised, the second edition of New Learning explores the contemporary debates and challenges in education and considers how schools can prepare their students for the future. New Learning, Second Edition is an inspiring and comprehensive resource for pre-service and in-service teachers alike. |
| milton friedman capitalism and freedom chapter 2 summary: The Divine Right of Capital Marjorie Kelly, 2003-01-12 Annotation In this radical critique of the corporate economy--newly updated with information on Enron and other business scandals--the cofounder and editor of Business Ethics questions the legitimacy of a system that gives the wealthy few disproportionate power over the many |
| milton friedman capitalism and freedom chapter 2 summary: The Economists' Hour Binyamin Appelbaum, 2019-09-05 ‘A well-reported and researched history of the ways in which plucky economists helped rewrite policy in America and Europe and across emerging markets.’ The Economist ‘A highly readable, exhilaratingly detailed biographical account.’ Sunday Telegraph As the post-World War II economic boom began to falter in the late 1960s, a new breed of economists gained influence and power. Over time, their ideas reshaped the modern world, curbing governments, unleashing corporations and hastening globalization. Their fundamental belief? That governments should stop trying to manage the economy. Their guiding principle? That markets would deliver steady growth and broad prosperity. But the economists’ hour failed to deliver on its premise. The single-minded embrace of markets has come at the expense of economic equality, the health of liberal democracy and of future generations. Across the world, from both right and left, the assumptions of the once-dominant school of free-market economic thought are being challenged, as we count the costs as well as the gains of its influence. In The Economists’ Hour, acclaimed New York Times writer Binyamin Appelbaum provides both a reckoning with the past and a call for a different future. ‘A reminder of the power of ideas to shape the course of history.’ New Yorker |
| milton friedman capitalism and freedom chapter 2 summary: Milton Friedman James Forder, 2019-07-05 This book examines the work of Milton Friedman, which is amongst the most significant in modern economics and, equally, amongst the most contentious. Although Friedman became most famous for his views on money and monetary policy as well as his public writings, a large and important part of his work concerned other aspects of economics. All parts of Friedman’s work are considered here, as is his account of his own life. By focussing on what Friedman wrote rather than what later authors have written about him, this volume seeks to analyse the character, qualities and development of the arguments he made. This text is important for anyone interested in this both celebrated and reviled figure in economics. James Forder clarifies messages in Friedman’s writing that have otherwise so often been obscured by academic and public controversy. |
| milton friedman capitalism and freedom chapter 2 summary: Justice and Economic Distribution John Arthur, William H. Shaw, 1991 This in-depth examination of the major theories of economic justice focuses on the central question: What should the economic distribution of goods and services be based on? |
| milton friedman capitalism and freedom chapter 2 summary: Public Policy Michael Mintrom, 2018-01-04 Public Policy: Investing for a Better World presents a contemporary introduction to public policy, covering all the major theories, approaches, and substantive policy areas. Grounded in the tradition of theoretically driven, evidence-based analysis, this text offers the tools that students need to discuss, debate, and chart future directions for government. |
| milton friedman capitalism and freedom chapter 2 summary: Black Marxism Cedric J. Robinson, 2021-02-04 'A towering achievement. There is simply nothing like it in the history of Black radical thought' Cornel West 'Cedric Robinson's brilliant analyses revealed new ways of thinking and acting' Angela Davis 'This work is about our people's struggle, the historical Black struggle' Any struggle must be fought on a people's own terms, argues Cedric Robinson's landmark account of Black radicalism. Marxism is a western construction, and therefore inadequate to describe the significance of Black communities as agents of change against 'racial capitalism'. Tracing the emergence of European radicalism, the history of Black African resistance and the influence of these on such key thinkers as W. E. B. Du Bois, C. L. R. James and Richard Wright, Black Marxism reclaims the story of a movement. |
| milton friedman capitalism and freedom chapter 2 summary: Foreign Economic Aid Milton Friedman, 1995 Milton Friedman argues that foreign economic aid would retard economic development and promote socialism, not democracy. |
| milton friedman capitalism and freedom chapter 2 summary: The Age of Surveillance Capitalism Shoshana Zuboff, 2019-01-15 The challenges to humanity posed by the digital future, the first detailed examination of the unprecedented form of power called surveillance capitalism, and the quest by powerful corporations to predict and control our behavior. The heady optimism of the Internet’s early days has turned dark. Surveillance capitalism has deepened inequality, sown societal chaos, and undermined democracy. The fight for a human future has never been more urgent. Shoshana Zuboff argues that we still have the power to decide what kind of world we want to live in: Will we allow surveillance capitalism to wrap us in its iron cage as it enriches the few and subjugates the many? Or will we demand the rights and laws that place this rogue power under the democratic rule of law? Only democracy can ensure that the vast new capabilities of the digital era are harnessed to the advancement of humanity. The Age of Surveillance Capitalism is a deeply original, exquisitely reasoned, and spell binding examination of our emerging information civilization and the life and death choices we face. |
| milton friedman capitalism and freedom chapter 2 summary: American Politics Today William T. Bianco, David T. Canon, 2017 How politics really works and why it matters. |
| milton friedman capitalism and freedom chapter 2 summary: Regulatory Capitalism John Braithwaite, 2008 This title argues that regulatory capitalism has produced stronger markets, public regulation, private regulation and hybrid private/public regulation as well as new challenges such as a more cyclical quality to crises of market and governance failure, regulatory ritualism and markets in vice. |
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