Preface by Arthur Seldon. First edition. 8vo. 64 pp. Original lilac printed wrappers, stapled as issued. A near fine copy. London, The Institute of Economic Affairs, Occasional Paper 49, 1977.
A pamphlet bringing together two talks delivered by Friedman before The Institute of Economic Affairs in London: the first was a critical appraisal of the thinking of Professor John Kenneth Galbraith; ‘the second was a discussion of the steps that would be required to be taken in passing from the present condition of the British economy to a freer market system’ (p. 5, preface).
