Free to Choose Milton Friedman Japanese Woodblock Print Signed.

“The combination of economic and political power in the same hands is a sure recipe for tyranny": Rare Free To Choose Japanese Woodblock Print Representing the control of Inflation of the Japanese Yen in the 1970s ; Signed by Nobel-Prize Winning Economist Milton Friedman

Free to Choose Milton Friedman Japanese Woodblock Print Signed.

FRIEDMAN, Milton.

Item Number: 91234

Rare original Japanese woodblock print of a Japanese Zen Buddhist monk in contemplation bearing the title of American economist Milton Friedman’s classic work, Free to Choose. This piece represents the history and control of inflation of the Japanese Yen from 1971 to 1978. The background mountain represents the amount of money that the Japanese government was printing, while the foreground mountain (in brown) represents the increase in monetary inflation. In 1972, they began to cut the amount of money to help control inflation. While 1973 and 1974 were a difficult year for the Japanese, they did successfully control inflation by keeping monetary growth in check. The main image is the item for sale here. The other images are screenshots from the original 1980 tv series, “Free to Choose” showing this association between print and the rate of Japanese inflation. Signed by Friedman in the lower right corner of the image. The entire piece measures 21.5 inches by 15.5 inches. In fine condition. Very unique, rare and desirable.

Composed in response to the earlier landmark book and television series The Age of Uncertainty by noted economist John Kenneth Galbraith, Milton and Rose Friedman's Free to Choose was a ten-part television series that advocated free market principles. The work maintains that the free market engenders prosperity for all members of society with the ability to solve problems where all other approaches have failed.

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