Individual price and wage changes will not be prevented. In the main, price changes will simply be concealed by taking the form of changes in discounts, service, and quality, and wage changes, in overtime, perquisites and so onโฆ. But to whatever extent the freeze is enforced, it will do harm by distorting relative prices.
Milton FriedmanThe future of private enterprise capitalism is also the future of a free society. There is no possibility of having a politically free society unless the major part of its economic resources are operated under a capitalistic private enterprise system.
Milton FriedmanEverywhere, and at all times, economic progress has meant far more to the poor than to the rich.
Milton FriedmanHow can thinking people believe that a government that cannot deliver the mail can deliver gas better than Exxon, Mobil, Texaco, Gulf, and the rest?
Milton Friedman