FastSaying

The most important single central fact about a free market is that no exchange takes place unless both parties benefit.

Milton Friedman

Milton Friedman

AboutBenefitBothCentralExchangeFactFreeFree MarketImportantMarketMostPartiesPlaceSingleTakesThe Most ImportantUnless

Related Quotes

Underlying most arguments against the free market is a lack of belief in freedom itself.
— Milton Friedman
AgainstArgumentBelief
The black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people.
— Milton Friedman
AroundBlackControls
Indeed, a major source of objection to a free economy is precisely that it... gives people what they want instead of what a particular group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself.
— Milton Friedman
AgainstArgumentBelief
The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that's why it's so essential to preserving individual freedom.
— Milton Friedman
BeenCooperateDiscovered
The most important ways in which I think the Internet will affect the big issue is that it will make it more difficult for government to collect taxes.
— Milton Friedman
AffectBigCollect