Capitalism and Freedom by Milton Friedman

In Capitalism and Freedom, Nobel Prize-winning economist Milton Friedman presents a compelling argument for the essential role of free-market capitalism in promoting both economic and political freedom. Written during the height of 20th-century debates on government intervention, this influential work explores how limited government, privatisation, and free markets are crucial for fostering individual freedom and prosperity. Friedman examines a range of topics, including fiscal policy, education, social welfare, and monetary policy, through the lens of economic freedom and personal responsibility. In this episode, we explore Friedman’s groundbreaking ideas, their impact on modern economic thought, and how his principles of capitalism continue to shape policy debates today. Join us as we discuss the lasting influence of Capitalism and Freedom on economic and political philosophy.