"THE GREAT THREAT TO FREEDOM IS THE CONCENTRATION OF POWER": FIRST EDITION OF CAPITALISM AND FREEDOM
FRIEDMAN, Milton. Capitalism and Freedom. (Chicago and London): University of Chicago Press, (1962). Octavo, original blue cloth, original dust jacket.
First edition of this economics classic, laid-in card printed "With the Compliments of the Author," in scarce original dust jacket.
"Friedman, a laissez-faire economist and professor at the University of Chicago, is considered one of the leading modern exponents of liberalism in the 19th-century European sense. In Capitalism and Freedom he argued for a negative income tax, or guaranteed income, to supersede centralized, bureaucratized social welfare services, which in his view are inimical to the traditional values of individualism and useful work" (Britannica). Friedman "is regarded [as] a giant within the economics profession, and is one of the two or three most referenced and revered economics figures in the 20th century" (Pressman, 161). This book was selected as one of the Times Literary Supplement's "hundred most influential books since the war." This copy contains a laid-in card (2-3/4 by 3-1/4 inches) printed, "With the Compliments of the Author"; trace of paper clip removal to card recto.
Book fine; trace of paper clip removal to verso of front flap, scant edge-wear to bright about-fine dust jacket.