Capitalism and Freedom
E74053
Capitalism and Freedom is a landmark 1962 book by economist Milton Friedman that argues for the primacy of free-market capitalism as a foundation for individual liberty and limited government.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Capitalism and Freedom canonical | 3 |
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
book
ⓘ
economics book ⓘ non-fiction book ⓘ political philosophy book ⓘ |
| advocates |
floating exchange rates
ⓘ
minimal government intervention in the economy ⓘ negative income tax ⓘ school vouchers ⓘ voluntary military service ⓘ |
| author | Milton Friedman ⓘ |
| centralArgument |
economic freedom is a necessary condition for political freedom
ⓘ
free-market capitalism is the best foundation for individual liberty ⓘ government should be limited to a few core functions ⓘ |
| countryOfOrigin |
United States of America
ⓘ
surface form:
United States
|
| criticizes |
Keynesian demand management
ⓘ
fixed exchange rate systems ⓘ government price controls ⓘ occupational licensing ⓘ progressive income taxation ⓘ social welfare programs that distort market incentives ⓘ |
| hasPart |
chapter on education
ⓘ
chapter on fiscal policy ⓘ chapter on international trade and exchange rates ⓘ chapter on monetary policy ⓘ chapter on occupational licensure ⓘ chapter on social welfare measures ⓘ chapter on the control of money ⓘ chapter on the distribution of income ⓘ chapter on the role of government in a free society ⓘ |
| influenced |
education voucher movements
ⓘ
monetarist policy reforms ⓘ neoliberal economic policy debates ⓘ |
| influencedBy |
Chicago School economics
ⓘ
surface form:
Chicago School of Economics
classical liberal thinkers ⓘ |
| language | English ⓘ |
| notableFor |
advancing monetarist critiques of Keynesianism
ⓘ
influencing late 20th-century economic policy discussions ⓘ popularizing the link between economic freedom and political freedom ⓘ |
| publicationYear | 1962 ⓘ |
| publisher | University of Chicago Press ⓘ |
| subject |
capitalism
ⓘ
classical liberalism ⓘ economic liberalism ⓘ free-market economics ⓘ monetarism ⓘ political philosophy ⓘ public policy ⓘ role of government ⓘ |
Referenced by (3)
Full triples — surface form annotated when it differs from this entity's canonical label.