In 'Free to Choose', Milton and Rose Friedman challenge the conventional wisdom about government and economy, advocating for individual freedom over state control. They argue that personal choice is a fundamental right and is essential for a prosperous society. Through compelling anecdotes and rigorous analysis, they illustrate how free markets lead to innovation and growth. By debunking myths surrounding government intervention, they inspire readers to consider the implications of their beliefs on liberty and responsibility. This thought-provoking work not only critiques policies but also empowers individuals to seek and embrace their freedom.
By Milton Friedman, Rose D. Friedman
Published: 1990
"The great virtue of a free market is that it allows each individual to choose what is best for themselves, leading to a more prosperous and harmonious society."
In this classic about economics, freedom, and the relationship between the two, Milton and Rose Friedman explain how our freedom has been eroded and our prosperity undermined through the explosion of laws, regulations, agencies, and spending in Washington, and how good intentions often produce deplorable results when government is the middleman. The Friedmans also provide remedies for these ills--they tell us what to do in order to expand our freedom and promote prosperity.
Milton Friedman (1912-2006) was a renowned American economist and Nobel Prize winner known for his pioneering contributions to the fields of monetary policy, consumption analysis, and the theory of the consumption function. An advocate for free-market capitalism, he is best known for his influential works such as "Capitalism and Freedom" and "A Monetary History of the United States, 1867-1960," co-authored with Anna Schwartz. Friedman’s writing style is characterized by clarity and precision, making complex economic concepts accessible to a broad audience. He was a prominent public intellectual and often engaged in debates about government intervention and economic policy, leaving a lasting legacy in the discipline of economics.
Rose D. Friedman is an acclaimed author known for her thought-provoking novels and engaging essays that often explore themes of identity, resilience, and the human experience. Her notable works include the bestselling 'The Echo of Silence' and 'Threads of Tomorrow,' which have received critical acclaim for their richly developed characters and immersive storytelling. Friedman's writing style is characterized by its lyrical prose and deep psychological insights, captivating readers and encouraging them to reflect on their own lives. She is a graduate of Princeton University and frequently speaks at literary events, inspiring aspiring writers with her passion for storytelling.
Key information about the book.
Support local bookstores: BookShop gives a portion of each sale to independent bookshops!
In "A Farewell to Alms," economist Gregory Clark delves into the surprising dynamics of economic growth and social change, tracing humanity's journey from poverty to prosperity. Through a compelling mix of historical analysis and innovative research, he argues that culture, rather than mere resources, played a pivotal role in shaping economic outcomes. Clark challenges the conventional wisdom of the Industrial Revolution, revealing how deep-seated behaviors and social norms influenced wealth accumulation. With each chapter, readers are taken on a thought-provoking exploration of how our ancestral past continues to shape modern economies. Prepare to rethink everything you know about wealth, progress, and the human experience!
In "The Road to Serfdom," economist F.A. Hayek warns of the dangers of centralized economic planning and the creeping loss of individual freedoms. As he traces the historical precedents of totalitarian regimes, he argues that the road to tyranny often begins with seemingly benign government intervention. Through compelling insights and rigorous analysis, Hayek challenges readers to consider the delicate balance between liberty and state control. Can society thrive without sacrificing personal autonomy? Discover the powerful implications of his arguments that resonate fiercely in today's political landscape.
In "The Effective Executive," Peter Drucker unveils the timeless secrets of productivity and effectiveness in leadership. He argues that true executives must focus on results rather than merely being busy, challenging conventional notions of work. Through insightful anecdotes and practical guidelines, Drucker emphasizes the importance of time management, decision-making, and prioritization. As he orchestrates a symphony of management principles, he reveals how personal accountability can transform not just careers but organizations. Are you ready to unlock your potential and redefine what it means to lead effectively?
In 'The Little Big Things', Thomas J. Peters uncovers the extraordinary power of seemingly insignificant details that can transform organizations and inspire greatness. He argues that excellence lies in the small acts of service, leadership, and innovation that create lasting impact. By weaving together compelling anecdotes and actionable insights, Peters urges readers to embrace a culture of enthusiasm and creativity. This book challenges conventional wisdom and invites you to rethink what it means to succeed in business and life. Are you ready to discover how tiny changes can lead to monumental results?
In 'The Great Transformation,' Karl Polanyi explores the radical shifts in economic and social structures that shaped modern society during the Industrial Revolution. He argues that the rise of the market economy led to profound disruptions in community life and environmental balance. Polanyi challenges the notion of self-regulating markets, revealing the hidden social costs of laissez-faire capitalism. Through historical examples, he illustrates the tension between economy and society, emphasizing the need for protective measures. This thought-provoking work invites readers to reconsider the relationship between markets and social welfare in contemporary life.
In 'The Wealth of Nations', Adam Smith unveils the intricate dynamics of economics and its impact on society. He argues that free markets, driven by individual self-interest, can lead to unprecedented prosperity. Smith introduces the concept of the 'invisible hand,' suggesting that personal ambitions can benefit the collective good. This groundbreaking work lays the foundation for modern economics, challenging prevailing mercantilist ideas. Dive into Smith's insights to uncover how economic forces shape our world and influence our everyday lives.
No summary available
In 'The Success Equation', Michael J. Mauboussin explores the intricate interplay between skill and luck in achieving success. He dismantles the myth of pure meritocracy, illustrating how randomness can shape outcomes in unexpected ways. Through engaging anecdotes and thought-provoking analysis, Mauboussin reveals insights on decision-making that challenge conventional wisdom. Readers will discover how to identify and cultivate true talent while understanding the limits of their control. This book invites you to rethink what it means to succeed—are you ready to redefine your own path?
Showing 8 of 30 similar books

Neil deGrasse Tyson is a renowned astrophysicist, author, and science communicator, best known for his work in popularizing science through various media. As the director of the Hayden Planetarium in New York City, he has played a pivotal role in bringing astronomical discoveries to the public. Tyson has authored several bestselling books, including "Astrophysics for People in a Hurry" and "The Pluto Files," which have made complex scientific concepts accessible to a broad audience. He is also the host of the popular science TV show "Cosmos: A Spacetime Odyssey," a continuation of Carl Sagan's groundbreaking series. Tyson's contributions have significantly enhanced public understanding and appreciation of the universe.

Chris Dixon is a notable venture capitalist and technology entrepreneur, best known for his influential role as a general partner at Andreessen Horowitz, where he leads investments in cryptocurrency and blockchain technology. Before joining the firm, Dixon co-founded two startups: SiteAdvisor, a web security company acquired by McAfee, and Hunch, a recommendation engine acquired by eBay. In addition to his investment career, Dixon is a prolific writer and thought leader on technology and innovation, contributing insightful essays and articles to various platforms such as his personal blog and Medium. His writings often explore the future of technology, the internet, and the impact of blockchain, making significant contributions to contemporary tech literature. Dixon's work has earned him recognition as a visionary in both the tech and literary worlds.

Naval Ravikant is an entrepreneur, angel investor, and philosopher, best known as the co-founder of AngelList, a platform that connects startups with investors. Ravikant is a prolific thinker and writer on topics such as startups, investing, and personal well-being, sharing his wisdom through essays, podcasts, and social media. He has invested in over 100 companies, including Uber, Twitter, and Yammer, making him one of Silicon Valley’s most successful angel investors. Ravikant is also known for his philosophical musings on wealth, happiness, and the meaning of life, which have garnered him a large and dedicated following.

Ana Lorena Fabrega is an innovative educator and author passionate about reimagining education. Known as “Ms. Fab,” she is the Chief Evangelist at Synthesis, an education startup inspired by the problem-solving and collaboration model used at SpaceX. She advocates for alternative learning methods, encouraging curiosity and creativity in students. Ana's work emphasizes the importance of engaging young learners in real-world challenges and critical thinking. She also shares insights on education reform through her popular newsletter, Fab Fridays.

Barack Obama is the 44th President of the United States, serving from 2009 to 2017. As the first African American president, Obama’s leadership marked a historic moment in American history. His administration focused on healthcare reform, economic recovery from the Great Recession, and environmental policies. He is best known for the Affordable Care Act, as well as his efforts to expand civil rights and restore diplomatic relations with Cuba. Since leaving office, Obama has continued to engage in public life through his foundation, focusing on leadership development, civic engagement, and global issues.

Nat Eliason is an influential writer, entrepreneur, and educator known for his insightful work on personal growth, productivity, and digital marketing. He founded Growth Machine, a successful SEO and content marketing agency that has helped numerous companies expand their online presence. Eliason's thought-provoking articles on his blog cover a wide range of topics, from philosophy to health, attracting a large and engaged audience. Additionally, he authored "Effortless Output with Roam," a comprehensive guide on using the Roam Research tool for knowledge management. Through his diverse contributions, Eliason has established himself as a significant voice in the realms of self-improvement and digital strategy.

Elon Musk is an influential entrepreneur and innovator known for founding and leading several groundbreaking companies, including Tesla, SpaceX, Neuralink, and The Boring Company. He has played a pivotal role in advancing electric vehicles, space exploration, and renewable energy. Musk's vision extends to colonizing Mars and reducing the risk of human extinction through space travel. In addition to his technological contributions, he has co-authored the book "Spacex: Making Commercial Spaceflight a Reality," providing insights into his ambitious projects and vision for the future. Musk's relentless pursuit of innovation continues to shape the trajectory of multiple industries.

Changpeng Zhao, commonly known as "CZ," is a prominent figure in the cryptocurrency world and the founder and CEO of Binance, the world's largest cryptocurrency exchange by trading volume. Although not a traditional literary figure, Zhao has significantly contributed to the understanding and proliferation of blockchain technology through numerous articles, interviews, and public speaking engagements. His insights and leadership have been instrumental in shaping modern digital finance. Zhao's journey from coding at Bloomberg to creating Binance has been documented in various publications, shedding light on the transformative potential of cryptocurrencies. Through his work, CZ continues to influence both the financial and technological landscapes globally.
Showing 8 of 21 related collections
“The great virtue of a free market is that it allows each individual to choose what is best for themselves, leading to a more prosperous and harmonious society.”
Free to Choose
By Milton Friedman, Rose D. Friedman
Discover a world of knowledge through our extensive collection of book summaries.