Economical Freedom and the Rule of Law in the Conception of Milton Friedman
Abstract
For some decades, Milton Friedman’s name is associated with economical neo-liberalism and the monetarist theory, his ideas continuing to be the object of debate among theoreticians from the most diversified fields. This article analyzes in its first part the controversies connected to the economical freedom’s possibility of ensuring the existence and functioning of individual freedom and political freedom, as he says. The second part discusses the means in which the freedom of choice is influenced by the mechanisms of market economy, by the system of political organization of the society and by the means of intervention of the state in the social economic market. The third part focuses upon the highlights that define the monetary program and the solutions it proposes for the functioning of economy in its entirety.References
Friedman, M. (1993). Why Government is the Problem, in “Essays in Public Policyâ€, nr. 39, Stanford, Hoover Institute Press, p. 1-21.
Friedman, M. (1995). Capitalism ÅŸi libertate, Bucharest, Encyclopedic Publishing House.
Friedman, M., Friedman, R. (2009). Libertatea de a alege. Un punct de vedere personal (second edition), Bucharest, Publica Publishing House.
*** http://en.wikipedia.org/wiki/MiltonFriedman, accessed at 20th September 2012.
Lindbeck, A. (2007). The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (1969-2007), www.nobelprize.org/nobel_prizes/economics/articles/lindbeck/index.html,
accessed at 24th September 2012.
Pohoaţă, I. (2000). Institutiile capitalismului, în I. Pohoaţă, Capitalismul. Itinerarii economice, Iaşi, Polirom Publishing House, p. 79-124.
Sută-Selejan, S. (1996). Neoclasicismul şi neoliberalismul în perioada contemporană, în Sultana Sută-Selejan, Doctrine şi curente în gândirea economică modernă şi contemporană, Bucharest, All Publishing House, p. 237-268.
Socaciu, E. (2000). Milton Friedman. Capitalism şi libertate, în L. Ş. Scarlat (coord.), Dicţionar de scrieri politice fundamentale, Bucharest, Humanitas Publishing House, p. 118-126.
Şimandan, M. (2008). Perspective critice în filosofia ştiinţei economice (second volume), Timişoara, Mirton Publishing House.
TaÅŸnadi, Al. (coord.) (2002). Doctrine economice, Bucharest, Academy of Economical Sciences Publishing House
