The Evolution of Economic Policy and Inequality

This chapter examines the historical development of economic policies following World War II, emphasizing the role of the Mont Pelerin Society and the critique of collectivism. It explores the legacy of Milton Friedman and his influence on modern economics, analyzing both the successes and failures of his proposals. The discussion also addresses the complexities of economic growth, the implications of deregulation, and the growing issue of income inequality in relation to government investment and education.