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The Tyranny of the Status Quo Hardcover – February 27, 1984

5 out of 5 stars 4 customer reviews

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Product Details

  • Hardcover: 192 pages
  • Publisher: Houghton Mifflin Harcourt; 1st edition (February 27, 1984)
  • Language: English
  • ISBN-10: 0151923795
  • ISBN-13: 978-0151923793
  • Product Dimensions: 5.3 x 8 inches
  • Shipping Weight: 12 ounces
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (4 customer reviews)
  • Amazon Best Sellers Rank: #200,815 in Books (See Top 100 in Books)

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More About the Author

Milton Friedman is a senior research fellow at the Hoover Institution, Stanford University, and the Paul Snowden Distinguished Service Professor Emeritus of Economics at the University of Chicago. In 1976 he was awarded the Nobel Prize in economics. He has written a number of books, including two with his wife, Rose D. Friedman---the bestselling Free to Choose and Two Lucky People: Memoirs, the latter published by the University of Chicago Press.

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Format: Paperback
Alright, with a book this old there is a certain amount of historical value going back to the early 80's. It's an interesting read as just a history book but it gets much better than that. If someone made you read this book and didn't tell you what year it was published you would think it was new. Mr. Friedman is spot on with his economic soothsaying and this is a book you must read now!!! The example of Chrysler and it's bankrupcy is a complete parallel with today's banking crises and GM. A wise man, a short book (160 pgs) and you won't regret it.
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Format: Paperback
Milton Friedman (1912-2006) was an American economist who taught at the University of Chicago (and was the leader of the "Chicago school"); he received the Nobel Prize in Economics in 1976, and wrote/cowrote books such as A Monetary History of the United States, 1867-1960, Money Mischief: Episodes in Monetary History, Free to Choose, Bright Promises, Dismal Performance: An Economist's Protest, Capitalism & Freedom: A Leading Economist's View of the Proper Role of Competitive Capitalism, etc.

In this 1985 book, Friedman and his wife Rose cover topics such as The Reagan Record (note that Friedman was a member of Reagan's Economic Policy Advisory Board in 1981); Government Spending, Taxes, and Deficits; Defense; Inflation; Crime; Education, etc.

He begins by conceding, "President Reagan's experience conforms to a political generalization... a new administration has some six to nine months in which to achieve major changes; if it does not seize the opportunity to act decisively during that period, it will not have another such opportunity. Further changes come slowly or not at all." (Pg. 3) He adds that "his proposals were not bold enough...
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Format: Hardcover Verified Purchase
More relevant now than when it was written. Buy this book, or remain ignorant.
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Format: Hardcover Verified Purchase
Awesomely insightful book, should be required reading in schools.
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