Learn from economic history's successes and failures to inform today's policy decisions. George P. Shultz and John B. Taylor draw from decades of experience to show how letting the market work on its own, without government intervention, is a recipe for success. Choose Economic Freedom reconstructs debates from the 1960s and 1970s about wage and price controls, revealing how brilliant economists can hold diametrically opposed views.
The words of Milton Friedman, along with lessons Shultz and Taylor learned, demonstrate that tried-and-true economic policy works. This is for economists, policy makers, and anyone interested in economic history and free market principles.
Understand the impact of government intervention.Learn from past economic policy mistakes.Promote free market principles for economic stability and growth.