![]() ![]() The other is voluntary co-operation of individuals-the technique of the market place.įriedman, however, believes that there is a role for govt. ![]() One is central direction involving the use of coercion-the technique of the army and of the modern totalitarian state. He writes, in Capitalism and Freedom:įundamentally, there are only two ways of co-ordinating the economic activities of millions. Most forms of intervention, he argues, just make things worse. To this end, he proposes that any coercion is wrong on the part of the govt. From consulting various sources, here's a summary.įriedman holds that individual freedom is both the best means and the ends of human activity. ![]() Overall, it's a clear and lucid exposition of Friedman's philosophy. Each episode features a roughly half-hour narration and analysis by Friedman followed by a 15-20 min discussion between Friedman and a couple other people. I watched the PBS documentary Free to choose (1990 version) featuring Milton Friedman. ![]()
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