Wednesday, April 4, 2012
Liberty Quotes
"One role of prohibition is in making the drug market more lucrative." -- Milton Friedman (1912-2006) Nobel Prize-winning economist, economic advisor to President Ronald Reagan, "ultimate guru of the free-market system" Source: America's Drug Forum interview (1991)"America's Drug Forum" (1991)
http://quotes.liberty-tree.ca/quote_blog/Milton.Friedman.Quote.5488
"To the free man, the country is the collection of individuals who compose it, not something over and above them. He is proud of a common heritage and loyal to common traditions. But he regards government as a means, an instrumentality, neither a grantor of favors and gifts, nor a master or god to be blindly worshipped and served." -- Milton Friedman (1912-2006) Nobel Prize-winning economist, economic advisor to President Ronald Reagan, "ultimate guru of the free-market system" Source: Introduction, Capitalism and Freedom (1962)
http://quotes.liberty-tree.ca/quote_blog/Milton.Friedman.Quote.0E67
"The key insight of Adam Smith's Wealth of Nations is misleadingly simple: if an exchange between two parties is voluntary, it will not take place unless both believe they will benefit from it. Most economic fallacies derive from the neglect of this simple insight, from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another." -- Milton Friedman (1912-2006) Nobel Prize-winning economist, economic advisor to President Ronald Reagan, "ultimate guru of the free-market system" Source: Free to Choose (1990). Ch. 1 "The Power of the Market", page 13
http://quotes.liberty-tree.ca/quote_blog/Milton.Friedman.Quote.2021
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