Free to Choose
Free to Choose
Milton Friedman
Arnold Schwarzenegger
It kind of lays out why the private sector is really the answer to a lot of problems that we have and not government. - Arnold Schwarzenegger
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Free to Choose

Free to Choose: A Personal Statement

Milton Friedman
By
Milton Friedman
4.2
8941
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In "Free to Choose," Milton and Rose Friedman delve into the intricate dance between freedom and economics, arguing that the two are inextricably linked in fostering societal prosperity and individual liberty. With lucid prose and compelling logic, the Friedmans dissect how governmental overreach—through an ever-expanding labyrinth of regulations, agencies, and fiscal policies—has not only infringed upon our freedom but has also undercut our economic well-being. Through a series of thought-provoking chapters, they illustrate how well-intentioned government interventions often pave the way for undesirable outcomes, thereby challenging readers to reevaluate the role of government in our lives. Beyond mere critique, "Free to Choose" offers a vision for recovery, advocating for a return to the principles that once made nations thrive: limited government, personal responsibility, and, above all, the freedom for individuals to choose their own paths. The Friedmans' analysis is not just an economic treatise but a call to action, urging us towards a society where freedom and prosperity can flourish side by side. This seminal work is as relevant today as it was at the time of its initial publication, offering timeless wisdom in an age grappling with the balance between freedom and governance.

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Released
1979
1 Jan
Length
356
Pages

1

recommendations

recommendation

It kind of lays out why the private sector is really the answer to a lot of problems that we have and not government. - Arnold Schwarzenegger
When unions get higher wages for their members by restricting entry into an occupation, those higher wages are at the expense of other workers who find their opportunities reduced. When government pays its employees higher wages, those higher wages are at the expense of the taxpayer. But when workers get higher wages and better working conditions through the free market, when they get raises by firm competing with one another for the best workers, by workers competing with one another for the best jobs, those higher wages are at nobody's expense. They can only come from higher productivity, greater capital investment, more widely diffused skills. The whole pie is bigger - there's more for the worker, but there's also more for the employer, the investor, the consumer, and even the tax collector.That's the way the free market system distributes the fruits of economic progress among all people. That's the secret of the enormous improvements in the conditions of the working person over the past two centuries.
— Milton Friedman, Free to Choose

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