CAPITALISM AND FREEDOM

MILTON FRIEDMAN
WITH THE ASSISTANCE OF ROSE D. FRIEDMAN

Phoenix Books

THE UNIVERSITY OF CHICAGO PRESS

1962

TO
JANET and DAVID
AND THEIR CONTEMPORARIES
WHO MUST CARRY THE TORCH OF LIBERTY
ON ITS NEXT LAP

Contents

PREFACE
INTRODUCTION

  1. THE RELATION BETWEEN ECONOMIC FREEDOM AND POLITICAL FREEDOM
  2. THE ROLE OF GOVERNMENT IN A FREE SOCIETY
  3. THE CONTROL OF MONEY
  4. INTERNATIONAL FINANCIAL AND TRADE ARRANGEMENTS
  5. FISCAL POLICY
  6. THE ROLE OF GOVERNMENT IN EDUCATION
  7. CAPITALISM AND DISCRIMINATION
  8. MONOPOLY AND THE SOCIAL RESPONSIBILITY OF BUSINESS AND LABOR
  9. OCCUPATIONAL LICENSURE
  10. THE DISTRIBUTION OF INCOME
  11. SOCIAL WELFARE MEASURES
  12. ALLEVIATION OF POVERTY
  13. CONCLUSION