In the late 18th and early 19th centuries, an intellectual movement developed that went under the name of Liberalism. IN DISCUSSING the principles of a free society it is desirable to have a convenient label and this has become extremely difficult. It may not be used in any way for profit. Unless otherwise stated in the Copyright Information section above, this material may be used freely for educational and academic purposes. Powell, or David Levy.įair Use: This material is put online to further the educational goals of Liberty Fund, Inc. The New Individualist Review is prohibited for use in any publication, journal, or periodical without written consent of J. Chapter: MILTON FRIEDMAN, Capitalism and FreedomĬopyright: The copyright to this publication is held by Liberty Fund, Inc. Source: New Individualist Review, editor-in-chief Ralph Raico, introduction by Milton Friedman (Indianapolis: Liberty Fund, 1981).
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