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Free to Choose Book Summary By Milton Friedman Does government intervention promote social

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Free to choose is a classic work discussing the relationship between freedom and economics. Milton Friedman, one of the authors of the book, agreed with the free market economic philosophy proposed by the classical economist Adam Smith, as well as the political concepts behind the American declaration of independence. In this book, he discusses freedom in light of realities in America. The main point discussed is whether the government’s excessive intervention promotes economic prosperity and improves social welfare as promised, or not. This book answers the question using simple language and vivid cases as examples.

The authors of this book are two famous American economists: Milton Friedman and Rose D. Friedman. They met each other at the University of Chicago and thereafter married each other. Milton Friedman is a representative of the Chicago School of Economics, and won the Nobel Prize for Economics in 1976. According to another winner, Gary S. Becker, Friedman might be the most renowned economist across the world, saying, “He could express the most complicated economic ideas in the most simple language.”