University Libraries Promotion and Tenure Recognition

Nobel Laureate Milton Friedman was the twentieth century’s most prominent advocate of free markets. In Capitalism and Freedom, Friedman wrote arguably the most influential economics book of the 1960s.  Friedman begins the book by broadly discussing the relationship between free markets and free society, concluding that the two are inextricably and necessarily linked together. Friedman uses this foundation to build a case for limited government in economic matters, citing in particular the consequences of monetary and fiscal policy abuse. The ideas and arguments in this book provide a valuable framework for debating the appropriateness of government involvement in society.