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Capitalism and Freedom Summary
Milton Friedman

Everything you need to understand or teach Capitalism and Freedom by Milton Friedman.

  • Capitalism and Freedom Summary & Study Guide
  • 30 Capitalism and Freedom Lessons
  • 20 Activities
  • 180 Multiple Choice Questions
  • 60 Short Essay Questions
  • 20 Essay Questions
  • Pre-Made Tests and Quizzes
  • ...and more

Capitalism and Freedom Summary

Plot Summary

Capitalism and Freedom was written by Milton Friedman in 1962 to defend what Friedman calls the liberal (or today what would be called libertarian) approach to economic policy in the face of very different views defended by social democrats or false liberals, as Friedman would have it. The book was a massive success, defending the economic institutions of the United States prior to the Great Depression. Friedman's book is full of proposals that will seem shocking to some today but were particularly radical for his time.

In fact, many of Friedman's proposals have been influential. Today, the flat tax he advocated has spread throughout former communist countries, his floating exchange rate is used throughout the world and school voucher programs are becoming more popular. Free trade has increased substantially since 1962, though not to the radical extent Friedman proposes. The book was widely read, selling half a million copies since...

(read more from the Study Guide)

Study Pack

The Capitalism and Freedom Study Pack contains about 37 pages of study material in 2 products, including:

Capitalism and Freedom Study Guide

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Capitalism and Freedom Lesson Plans contain 117 pages of teaching material, including:

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