Free to Choose: A Personal Statement

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.

In this classic about economics, freedom, and the relationship between the two, Milton and Rose Friedman explain how our freedom has been eroded and our prosperity undermined through the explosion of laws, regulations, agencies, and spending in Washington, and how good intentions often produce deplorable results when government is the middleman. The Friedmans also provide remedies for these ills–they tell us what to do in order to expand our freedom and promote prosperity.

Reviews

Anyone who thinks they can define economic isms in accordance to what is wrongly mentioned in the useless media rhetoric about Democratic socialism needs to read this book. When I was working towards my economics degree, we did not define democratic socialism as communism as stated by politicians and a certain demographic target group. I was under the impression, that socialism is when the government participates, not own or command the economy which is what communism is. As stated in this book socialism is when the government decides to participate in the market place assuming it is making it more efficient with wage and price controls. Usually found in utilities, cable, industries in the form of a govt regulatory body that works with industry to arrive at a perceived effient price point so as to allow all members of society to participate in the market place. When you complain about your cable bill, be thankful for the regulation already there, as your bill would be $1000 a month. Read the book and a enlighten yourself.

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