Free To Choose, By Milton Friedman

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Milton Friedman was an American economist. In 1976, he was awarded a Nobel Prize in Economic Sciences. Friedman was noted for his support for free markets and a reduction in the size of government. Most of his work was on consumption analysis, monetary history and theory, and the complexity of stabilization policy. And Milton Friedman was widely considered as one of the greatest economists in the 20th century.
Friedman once said that the Hong Kong's economy was perhaps the best example of a free market economy. In the first chapter of his book, Free to Choose, he analyzed the capitalism of Hong Kong. With a population density 185 times that of the United States, Hong Kong's residents enjoyed one of the highest standards of living in all of