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February 16, 2006
Capitalism for Beginners
Capitalism for Beginners is another of Antonia's comic books from about 1981. I read this one last night instead of watching Combien ça coûte ? with Nath.
You can perhaps see the characters on the "business cycle" starting with Adam Smith and finishing with Milton Friedman steering. At the end of the second oil crisis in the west, this book has Friedman and the monetarists appearing on the scene to send the Keynesians packing. I didn't get as much out of this one as the one about Marx's work on the subject.
Milton Friedman's book, Capitalism and Freedom, has been in my Amazon wish list since I read Hahnel's book on economics. Friedman's book seems like it might be the canonical text on how markets set you free, even though he was writing against central planning by a commissar class. (Note to rhetoreticians: Always set up a straw man.) Furthermore understanding Friedman seems fundamental to understanding how we see capitalism.
Posted by Mark at February 16, 2006 08:20 PM
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