The international bestseller on the extent to which personal freedom has been eroded by government regulations and agencies while personal prosperity has been undermined by government spending and economic controls. New Foreword by the Authors; Index.
Product Features
- Mariner Books
Economic and Political Freedom! Below are key excerpts from the book that I found particularly insightful:1- “Economic freedom is an essential requisite for political freedom. By enabling people to cooperate with one another without coercion or central direction, it reduces the area over which political power is exercised. In addition, by dispersing power, the free market provides an offset to whatever concentration of political power may arise. The combination of economic and political power in the same hands is…
Still up-to-date 35+ years old and still up-to-date. It is interesting to read older Economics books like “Free to Choose” to see how accurate they have been in predicting outcomes of policy. It is easy to write a book with hindsight as we often see today by “experts” blaming this or that well after the fact. Milton Freeman had incredible foresight. Not because he could predict the future but because he understood Economics so well that he could simply predict outcomes of policy based on an…