

#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.
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
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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
An Economics Lesson from a Talking Pencil (Update)
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
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 Andrew Spencer in the context of discussing the role of government regulation in addressing environmental issues.

15 snips
The Environmental Stewardship Interview
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 Glory Liu in relation to the Chicago School's interpretation of Adam Smith's "invisible hand."

Revisiting the "father of capitalism"
Mentioned by
Sal DiStefano when discussing a life-changing series he watched about 15 years ago on YouTube.


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