#2120
Mentioned in 20 episodes

Free to choose

a personal statement
Book • 1980
In this book, Milton and Rose Friedman argue that free-market principles are more effective than government intervention in achieving economic prosperity and personal freedom.

They critique the explosion of laws, regulations, agencies, and spending in Washington, highlighting how these have eroded freedom and undermined affluence.

The book provides examples of how free markets have succeeded in various historical contexts, such as Hong Kong and the United States before the Great Depression, and contrasts these with the failures of centralized planning in countries like India.

The authors also propose remedies for various economic and social issues, including education, inflation, and consumer protection, advocating for a minimalist economic policy and greater personal freedom.

Mentioned by

Mentioned in 20 episodes

Mentioned by Oren Cass when discussing the economic ideas that influenced American society and the belief that free markets would automatically lead to positive outcomes.
159 snips
Oren Cass: How Trump’s Tariffs Are Reversing the Foreign Policy That Doomed America’s Economy
Mentioned by Ajay Shah as a book that influenced his father's thinking.
112 snips
Ep 402: Ajay Shah Brings the Dreams of the 20th Century
Mentioned as a bestselling book and PBS special that promoted free market ideas.
110 snips
What Makes Us Free?
Mentioned by Stephen Dubner, who references Milton Friedman borrowing Leonard Reed's parable.
98 snips
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Recommended by Arnold Schwarzenegger for its insights on the private sector's role in problem-solving.
76 snips
#574: Arnold Schwarzenegger on Psychological Warfare (And Much More) (Repost)
Mentioned by Glory Liu in relation to their interpretation of Adam Smith's work.
46 snips
Revisiting the "father of capitalism"
Mentioned by Laine Catherine Levinson as a book written by Milton Friedman , which led to a PBS special of the same name.
24 snips
Capitalism: What Makes Us Free? (2021)
Mentioned by John Mackey as a book he read that influenced his views on capitalism.
16 snips
From $0 To $13 Billion: How John Mackey Built and Sold Whole Foods Market
Mentioned by Andrew Spencer in the context of discussing the role of government regulation in addressing environmental issues.
15 snips
The Environmental Stewardship Interview
Mentioned by Dave Weisberger in reference to inflation always being a monetary phenomena.
15 snips
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Mentioned by John Cochrane as a potential follow-up, indicating its influence and relevance in economic discourse.
15 snips
Gliding Through Life: John Cochrane on the Making of an Economist | GoodFellows | Hoover Institution
Recommended by Patrick Boyle when discussing minimal government intervention in markets and environmental taxes.
11 snips
Swamped by Rules! - Which Ones Should Go?
Mentioned by Nick Gillespie alongside Milton Friedman's work on free market principles.
Has political polarization been misunderstood? (with Nick Gillespie)
Mentioned by Glory Liu in relation to the Chicago School's interpretation of Adam Smith's "invisible hand."
Revisiting the "father of capitalism"
Mentioned by Gerard O'Reilly as one of his favorite books.
Gerard O’Reilly on Academic Research and Stocks

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