Capitalism in a Free Society

A critical dialog on Milton Friedman's
Capitalism and Freedom


Eyler Coates and John Teeple

"...For Your Country"
Political Parties
Free Traders
Individuals and Society
Concentrations of Power
Threats to Freedom
Dispersal of Government Power
Advances by Civilization
Liberalism: American and European

Power: Economic and Political

Milton Friedman's book, Capitalism and Freedom, is an important statement setting forth the libertarian view of a free society and its economic system. We believe, however, that it is deeply flawed. Its appeal to Individualism may be deceptively attractive, but it is ultimately unworkable and entirely counterproductive for a free society. Ultimately, Friedman's libertarian society would undermine the very freedom he professes to support.

The conversations contained on this website examine the basic philosophy of Friedman's book, point out its flaws, and describe an alternative political philosophy that is more consonant with that of the Founding Fathers and American society.

This website is a work in progress, and new materials will be added on a continuing basis. In general, the critical analysis follows the arrangement of Friedman's book. The Introduction of that book sets out the basic premises; chapters one and two discuss principles; and the remaining chapters discuss applications of those principles.



  • Thomas Jefferson on Politics & Government
      Jefferson's political philosophy in his own words. Includes over 2,700 excerpts under 56 topics and is a source for the most important of his quotations.

  • The Jeffersonian Perspective
      Commentary on today's social and political issues based on the writings of Thomas Jefferson.

    Web Sites with Links to Capitalism in a Free Society

    Macaulay on Democratic Government



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