Thursday, June 17, 2010

Capitalism and Freedom Get it now!


There are few authors that can take such an objective and scientific approach to the free market system, but Milton Friedman's short, yet detailed, tome is worth the read. Despite the fact there is a fervent anti-capitalist sentiment in some areas of the country right now, if people read this they would recognize that the markets are in no way acting the way that Milton would have liked them to. He openly blasts monopolies, coercion and the Federal Reserve, but because he is such an inherently curious and objective thinker, he understands that they aren't going anywhere. So rather than being a book of ideals, it is much more about how we can live in an imperfect world and still be able to pursue our own goals with as little interference as possible for the negative forces that will likely never completely disappear.

One of the many things that people these days are missing about the financial situation and capitalism on the whole is that no matter what system we have, it will be run by imperfect beings. This is also the reason socialism could never find any footing - people are driven by self-interest, and expecting anything else is insane. The "invisible hand" that Adam Smith described is as real today as it was in the 1800s. Men cannot be angels, and the fact that Milton understands that is what makes this book so great, and his ideas so brilliant.Get more detail about Capitalism and Freedom.

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