Some of his ideas are on the verge of anarchy - even I'll have to admit this. This is, I guess, why some think he's controversial. The author discusses freedom against govermental control in business, monetary markets, education, health, energy, oil, trains, flights. In fact - this is what this book is mostly about. He argues that the govermental control of economics and business is too vast, which brings to a lot of waste, bureaucracy and generally slows down the economic progress.
His basic argument is that everything should be free - he relays on Adam Smith's "The wealth of nations" (I must read this book.), quoting the great economist about the merits of free trade.įriedman attacks socialism and bureaucracy, and I don't mean the socialism in the USSR (the book was written in 1979.) but the socialism in the western world - US, England, etc. Milton Friedman is a known economics prof that holds some very interesting (and somewhat controversial) ideas about the economic market. The book, as its title suggests, is about free economy. Ok, ok, enough whining - lets cut to the chase.
I bet no quality control was present in this printing house - the errors are so obvious. FFS, the book was written in 1979, couldn't they release a normal Hebrew translation since then ? The errors look like scanning errors - letters replaced by letters that look like them. The font is ugly, the paragraphs are scattered without the least care for aesthetics, and the spelling errors. Let me start by saying that this is the worse piece of editing/publication I've ever seen. In 1990, the series was rebroadcast with host Linda Chavez moderating the episodes.Continuing with my financial education, I picked up this book in a store on sale - a Hebrew translation. The first half of each episode follows Milton Friedman as he discusses free market issues in locations around the world the second half is devoted to debates between Friedman and other scholars and experts. Friedman accepts capitalism as the best political system available, as it offers the highest degree of individual freedom. The series argues that free market principles are best for society as a whole, whether in commerce, trade, or education. It aired on PBS beginning in January 1980 and in the same year was developed into a book, Free to Choose: A Personal Statement.
Free to Choose was a ten-part television series developed by Milton and Rose Friedman. Friedman explains how markets and voluntary exchange organize activity and enable people to improve their lives. Notes America's freedom and prosperity derive from the combination of the idea of human liberty in America's Declaration of Independence with the idea of economic freedom in Adam Smith's Wealth of Nations.
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