In response to a suggestion that total free trade would end in cheaper foreign products flooding the market and causing unemployment.
Milton FriedmanYou must distinguish sharply between being pro free enterprise and being pro business.
Milton FriedmanBecause we live in a largely free society, we tend to forget how limited is the span of time and the part of the globe for which there has ever been anything like political freedom: the typical state of mankind is tyranny, servitude, and misery.
Milton FriedmanMost economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.
Milton Friedman