Abstract

Milton Friedman and Amartya Sen have a lot in common. Both are Nobel Prize-winning economists who venture beyond the more technical questions of positive economics to demonstrate the relevance of their expertise to philosophy and public policy. Their social and political philosophy, including normative theorizing from their work and the work of other economists, comprises arguably the most influential part of their corpus. Like most Americans, both Friedman and Sen are liberals, in the sense that they argue that social arrangements should be assessed according to their tendency to further the liberty of individuals. In addition, both demonstrate the deep link between political and economic institutions, and articulate the ways in which an individual’s freedom (or lack thereof) in one sphere impacts her freedom in other spheres. Despite these and other similarities, there is an immense partisan divide between the followers of their work in American politics (in particular). Friedman’s work is championed by so-called neo-liberals – a group that has come to dominate the political and economic right in the United States - providing the philosophical foundation for demands for limited government and free markets. Both critics and plaudits regard Friedman as the “intellectual architect” of the free-market policies of the Republican Party, from Ronald Reagan forward. Sen’s work, on the other hand, is frequently utilized to defend so-called progressive policies in the U.S. and abroad. Such policies, many argue, further the effective or substantive freedom of individuals (an idea associated with early socialist thought). This essay begins an overdue systematic analysis of their social and political philosophy, focusing on the central driving concept for both theorists: the idea of freedom. With this study in hand, I recommend a pragmatic, pluralist understanding of freedom in the United States and elsewhere.