This book quite concisely demonstrates Milton Friedman's gift as an economist. It, however, also depicts his inferiority to Hazlitt in terms of writing ability. While many of his essays and points are very interesting and precise, the book is VERY dry. One should not let the small size fool them when purchasing this book, it takes quite a commitment and interest in the subject to make it through the book. That said, Friedman elucidates just what capitalism is and should be. He does believe in some government, however, he argues (and quite successfully) that it should be as limited and nonactivist as possible. I certainly recommend this for anyone interested in just why Milton Friedman (and other laissez-faire capitalists) thinks the way he does. Henry Hazlitt's, "Economics in One Lesson" is a less difficult read and is also better constructed. I would recommend that as prerequisite for tackling this book.