Capitalism and Freedom (1962)
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Reading Guide & Summary
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Capitalism and Freedom is an economy book, written … and published for the first time in 1962 by the press of The University of Chicago.
… is an economist who was considered amongst the intellectual elite of The University of Chicago.
He won a Nobel Prize for his contributions to Economics.
Capitalism and Freedom talks about the important role of freedom in the economy, and more specifically in a liberal society.
It argues that political freedom is directly related to economic freedom, thus redefining the meaning of liberalism altogether.
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Capitalism and Freedom transmits the economic philosophy of ….
He wrote this book in order to explain how economical freedom is absolutely needed to ensure that the government cannot take away our individual freedom.
The author adopted the European definition of Liberalism, created during the Rennaissance, rather than the American one.
He believed that this philosophy provides acceptance for minorities, seeing as how the market doesn’t care about your ethnicities or personal beliefs.
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