SG_Capitalism.Friedman

SG_Capitalism.Friedman - do for itself? 4.Friedman assumes...

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Study Guide Capitalism and Freedom (1962) Milton Friedman 1.Friedman invokes the metaphor of games — with rules, players, and umpires SS to describe the relationship of the individual to society. Do you think games are a useful metaphor? Why or Why not? Why do you think Friedman uses it? Are there other metaphors to describe the relationship between the individual and society? 2.Friedman claims that the problem of freedom is particularly difficult in the economic realm. Is he correct? Why or why not? What does freedom mean for Friedman in the economic realm? Is freedom a relevant category for describing economic activity? 3.What, according to Friedman, can government do that the market cannot
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Unformatted text preview: do for itself? 4.Friedman assumes as his starting point a society built on voluntary acts and exchanges, and argues that the benefits of government intervention must be demonstrated before intervention is undertaken. What would happen to his theory if the starting premise were government intervention? 5.How does Friedman define the legitimate functions of government? How does his definition compare with the purposes of government set out in the Preamble of the Constitution? What about the Declaration of Independence? 6.How does Friedmans analysis of the relationship between market and state compare with that of Marx and Roosevelt? Whose view do you find most persuasive?...
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This note was uploaded on 10/15/2010 for the course CORC 1130 taught by Professor Cohen during the Spring '10 term at CUNY Brooklyn.

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