About the book
Economist Milton Friedman and his wife, Rose, make the case that free markets serve all members of society better than government intervention. They argue that the spread of regulation, agencies, laws and federal spending has eroded freedom and undermined prosperity, and that good intentions often go wrong when government acts as the middleman. Their examples include Hong Kong, 19th-century Britain and the contrast between Japan after the Meiji Restoration and India after independence. They blame the Federal Reserve for worsening the Great Depression, criticize Social Security and public schooling, and propose school vouchers and a negative income tax. Published in 1980 as a response to John Kenneth Galbraith's The Age of Uncertainty, it came with a PBS television series.
Arnold Schwarzenegger said in an interview that he has given away hundreds of copies, describing it as a philosophical case that the private sector, not government, holds the answer to problems such as education and economic growth.
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This book has 1 recommendation
Arnold Schwarzenegger (Actor, Politician & Businessman)
The other book that I have given hundreds of copies to is Free to Choose by Milton Friedman. It kind of lays out why the private sector is really the answer to a lot of problems that we have and not government. I think it’s a real great philosophic kind of a book about how to approach our problems, if it is education, if it is economic growth, all of those various kinds of different issues. He lays it out. It’s a very simple book to read, but it is very good and it makes an impact on your when you read it.
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