Milton Friedman’s Free to Choose: A Personal Statement, co-authored with his wife Rose, is a seminal work advocating for free market principles. Published in 1980, the book accompanied a ten-part PBS television series of the same name, significantly broadening its reach and impact. It argues for limited government intervention, emphasizing individual freedom as a cornerstone of economic prosperity. The authors illustrate their points with historical examples and contemporary case studies, examining the effects of government regulation on various sectors of the economy.
Free to Choose became a touchstone for the burgeoning neoliberal movement of the late 20th century. It offered a compelling, accessible defense of free market capitalism at a time of increasing skepticism toward government intervention. The book’s impact extended beyond academic circles, influencing public policy discourse and contributing to a shift toward deregulation and privatization in many countries. Its enduring legacy lies in its clear articulation of the link between economic freedom and individual liberty.
