Negative Positive
Title: Illuminating
Review: It is ironic that the book (an attempt into political theory by a leading economist) has given me some of the answers that I could not find in any Economics textbook. However, one warning: the book, outstanding when it deals with economic issues (International Financial Agreements, Monetary Policy and Fiscal Policy) is weaker in the more "political" chapters. Mr. Friedman justifies public financiation of schooling in terms of neighborhood effects: society as a whole benefits of my going to school, therefore, it should pay for it through taxes. This is of course just an economist's approach to the matter.I suspect the valid justification is more one of priciple: if one of the main sources of inequality is different education (and therefore, ASPIRATIONS), then let's try to promote at least equal opportunities by granting access to school for everybody. For a broader perspective of these subjects, I suggest Ludwig Von Mises' "Liberalism,the classical tradition".
Is the review positive or negative? 