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Title:Why Government Is the Problem
Format Type:Ebook
Author:Milton Friedman
Publisher:Hoover Institution Press
ISBN:0817954422
ISBN 13:
Number of Pages:18
Category:Economics, Politics, Non fiction, Philosophy

Why Government Is the Problem by Milton Friedman

PDF, EPUB, MOBI, TXT, DOC Why Government Is the Problem Friedman discusses a government system that is no longer controlled by we the people Instead of Lincoln s government of the people by the people and for the people we now have a government of the people by the bureaucrats for the bureaucrats including the elected representatives who have become bureaucrats

Capitalism and Freedom

Selected by the i Times Literary Supplement i as one of the hundred most influential books since the war br br How can we benefit from the promise of government while avoiding the threat it poses to individual freedom In this classic book Milton Friedman provides the definitive statement of his immensely influential economic philosophy one in which competitive capitalism serves as both a device for achieving economic freedom and a necessary condition for political freedom The result is an accessible text that has sold well over half a million copies in English has been translated into eighteen languages and shows every sign of becoming more and more influential as time goes on


Free to Choose: A Personal Statement

The international bestseller on the extent to which personal freedom has been eroded by government regulations and agencies while personal prosperity has been undermined by government spending and economic controls New Foreword by the Authors Index br


Money Mischief: Episodes in Monetary History

Friedman makes clear once and for all that no one is immune from monetary economics that is from the effects of its theory and its practices He demonstrates through historical events the mischief that can result from misunderstanding the monetary system Index br


Why Government Is the Problem

Friedman discusses a government system that is no longer controlled by we the people Instead of Lincoln s government of the people by the people and for the people we now have a government of the people by the bureaucrats for the bureaucrats including the elected representatives who have become bureaucrats


A Monetary History of the United States 1867-1960

Writing in the June issue of the i Economic Journal i Harry G Johnson begins with a sentence seemingly calibrated to the scale of the book he set himself to review The long awaited monetary history of the United States by Friedman and Schwartz is in every sense of the term a monumental scholarly achievement monumental in its sheer bulk monumental in the definitiveness of its treatment of innumerable issues large and small monumental above all in the theoretical and statistical effort and ingenuity that have been brought to bear on the solution of complex and subtle economic issues br br br Friedman and Schwartz marshaled massive historical data and sharp analytics to support the claim that monetary policy steady control of the money supply matters profoundly in the management of the nation s economy especially in navigating serious economic fluctuations In their influential chapter i The Great Contraction i which Princeton published in as a separate paperback they address the central economic event of the century the Depression According to Hugh Rockoff writing in January If Great Depressions could be prevented through timely actions by the monetary authority or by a monetary rule as Friedman and Schwartz had contended then the case for market economies was measurably stronger br br br Milton Friedman won the Nobel Prize in Economics in for work related to i A Monetary History i as well as to his other Princeton University Press book i A Theory of the Consumption Function i


Price Theory

Economics is sometimes divided into two parts positive economics and normative economics The former deals with how the economic problem is solved while the latter deals with how the economic problem should be solved The effects of price or rent control on the distribution of income are problems of positive economics The desirability of these effects on income distribution is a problem of normative economics br br Within economics the major division is between monetary theory and price theory Monetary theory deals with the level of prices in general with cyclical and other fluctuations in total output total employment and the like Price theory deals with the allocation of resources among different uses the price of one item relative to another br br Prices do three kinds of things They transmit information they provide an incentive to users of resources to be guided by this information and they provide an incentive to owners of resources to follow this information Milton Friedman s classic book provides the theoretical underpinning for and understanding of prices br br Economics is not concerned solely with economic problems It is a social science and is therefore concerned primarily with those economic problems whose solutions involve the cooperation and interaction of different individuals It is concerned with problems involving a single individual only insofar as the individual s behavior has implications for or effects upon other individuals em Price Theory em is concerned not with economic problems in the abstract but with how a particular society solves its economic problems


Essays in Positive Economics

div Stimulating provocative often infuriating but well worth reading Peter Newman i Economica i br br His critical blast blows like a north wind against the more pretentious erections of modern economics It is however a healthy and invigorating blast without malice and with a sincere regard for scientific objectivity K E Boulding i Political Science Quarterly i br br Certainly one of the most engrossing volumes that has appeared recently in economic theory William J Baumol i Review of Economics and Statistics i div


There's No Such Thing as a Free Lunch

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The Great Contraction 1929-1933

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The Tyranny of the Status Quo

Free to Choose was an international best seller in Its forceful message influenced a number of world leaders among them Ronald Reagan and Margaret Thatcher The Friedmans explained how free markets enable people to make the best use of their talents br In Tyranny of the Status Quo Milton and Rose Friedman describe a remarkable political phenomenon the uniform tendency in government to reverse the declared policies of leaders whether left or right In the first six to nine months following their election Reagan Thatcher and Mitterand too initiated big changes Soon each was frustrated by the Iron Triangle which preserves the status quo In the triangle s corners are the direct beneficiaries of laws the bureaucrats who thrive on them the politicians who seek votes


Capitalism and Freedom, Money Mischief: Episodes in Monetary History, A Monetary History of the United States 1867-1960, Free to Choose: A Personal Statement, The Great Contraction 1929-1933, Price Theory, There's No Such Thing as a Free Lunch, The Tyranny of the Status Quo, Why Government Is the Problem, Essays in Positive Economics