Join us at WMU MBA alum host Leonard Zuba's residence on September 25th for networking and a great book discussion led by WMU MBA alum Tim Lobbes. Bring a snack or beverage to share!
The Book "Capitalism and Freedom"
Author: Milton Friedman
This will be a good book to cover in light of our recent bumpy economic times and the intense national focus on the upcoming US presidential election.
Here's a brief overview of the book:
"Ask not what economist Milton Friedman believes: this 1962 classic made him an oracle for traditional economics!"
How can we benefit from the promise of government while avoiding the threat it poses to individual freedom? In this classic 1962 book, Milton Friedman provides the definitive statement of his immensely influential economic philosophy—one in which competitive capitalism serves as both a device for achieving economic freedom and a necessary condition for political freedom. The result is an accessible text that has sold well over half a million copies in English, has been translated into eighteen languages, and shows every sign of becoming more and more influential as time goes on.
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
See YOU there!