Milton Friedman is one of the most authoritative and independent figures in the fields of economics and political philosophy today. His research and published works have established him as the leading monetary economist of his time and his uncompromising advocacy of the many aspects of a free society and the free market have led to a re-examination of ideas and policies on the part of many people and governments.
In this publication, the proceedings of a seminar conducted by the Centre for Independent Studies, Milton Friedman is joined by Australian economists Michael Porter, Fred Gruen and Don Stammer in the discussion of three crucial and interrelated issues- taxation, inflation and the role of the government. Professor Friedman draws together a number of his ideas and relates them to the changing pattern of ideas throughout the world and how this has affected these issues.