What would the people who sold us goods do with the money? They'd get dollars. What would they do with the dollars? Eat them?!
Milton FriedmanI think in some ways it would make more sense to have as a poverty level a relative concept and say, the level of poverty is that level of income or that level of consumption below which 10 percent of the people now are.
Milton FriedmanSo long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud.
Milton FriedmanThe great virtue of a free market system is that it does not care what color people are; it does not care what their religion is; it only cares whether they can produce something you want to buy. It is the most effective system we have discovered to enable people who hate one another to deal with one another and help one another.
Milton Friedman