I read it but it has been a few years back. Is Lewis the one that blames all the third world countries woes on the West and big banks? If it is, he made some valid points then to me went off the ranch way to the left and fell off a cliff. If it is the guy I remember. I think he wrote a later book that I started to read and just could not stomach the rest of it. Guess I should go look it up rather than speculate. I might have the wrong guy.

Friedman had some really good ideas on free markets. Then he completely disagrees with himself and claims that central banks should have control over the money supply and boost and contract the economy as needed via interest rates and money supply - exactly what Bernanke is trying to do now. On that particular point he was right up there with Krugman. Well maybe not that bad, but he ignored his free market principals on the very thing it matters most........... money. 

Money also depends on supply and demand. Central banks monkeying with it just screws up market signals. Friedman's views were a bastardized combination of Austiran for the free market portion and Keynes for the money supply control part. They do not mix well, as we are seeing now.

John

Edit: Yes, I read it. It has been a while (think it came out in 2012) but as I recall he makes a lot of valid points them comes up with the wrong conclusions of the cause of the problems. He becomes a very left leaning propaganda machine for the party line. I would imagine a lot of folks eat it up. Not at home to look it over now to refresh my memory but I had a hard time stomaching some of his explanations of "why". I originally read "Liars Poker" of his and enjoyed it. He later makes the connection that Wall Street excess and fraud are the result of capitalism and that big government is the only fix. Well the problem is the opposite. Big government and crony capitalism is the problem and is what we have had. He correctly identifies the problem but comes to the wrong conclusion for the fix. He thinks if only we had more rules, regulations and more "governing" it would fix the problem. In my opinion we have rules out the wazoo but when we have a corrupt government, captured regulatory agencies, a jusicial system that does not identify and prosecute fraud, no amount of rules will make any difference. Rules are only for law abiding citizens to follow. Crooks do not follow the rules and when the crooks are in charge of everything more rules can not be expected to help. Add in a flawed banking and monetary system that rewards big risk taking and the whole system is ripe for the criminal taking and the fleecing of the general public.

You will get a lot better information about how things really work here. Mises.org .As always, in my opinion.