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Boom and bust

Mark Koyama
Professor
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piqer: Mark Koyama
Tuesday, 27 March 2018

Capitalism Is The Best Guarantee Of Individual Freedom

Economic freedom and individual freedom are closely linked.  So argues Cambridge economic historian Victoria Bateman, who revives Milton Friedman's argument that increases in economic freedom are often associated with greater social liberties, including greater tolerance for minorities and more rights for women. 

This is important to recognize in a time of increased social tensions, xenophobia, and economic protectionism. Bateman argues that regaining support for markets, therefore, requires advocates of capitalism to go beyond economic arguments and to make the case for economic and social liberalism more generally. 

Capitalism Is The Best Guarantee Of Individual Freedom
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