Their analysis of what went wrong and how to correct it, so forcefully and clearly expressed in this book, is vital to America's future economic health. Milton and Rose Friedman assert our free society is in danger. He went on to the University of Chicago to earn his A.M., and to Columbia University, where in 1946 he received his Ph.D. Friedman was educated at Rutgers University. If you have ever wondered why you are paying someone else's old-age pension instead of saving for your own old age, why the Federal Reserve doesn't control inflation and recessions as it was set up to do, why some industries and some workers get a better shake than the rest of us, whether equal opportunity for all also has to mean that everyone gets the same income regardless of productivity, this book is for you. About the author (1980) An influential leader in the field of economics, Milton Friedman had his humble beginnings in New York City, where he was born in 1912 to poor immigrants. And then they tell us what to do if we want to expand our freedom and promote prosperity. They show us how our freedom has been eroded and our prosperity undermined through the explosion of laws, regulations, agencies, and spending in Washington, how good intentions often produce deplorable results when government is the middleman. In this powerful and persuasive book two distinguished economists, Milton Friedman and his wife, Rose, unravel the mysteries of economics for the man or woman in the street (Wall Street or Main Street).
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