Inflation is taxation without legislation.
Milton Friedman Quotes
The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.
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The price that the market sets on the services of our resources is similarly affected by a bewildering mixture of chance and choice. Frank Sinatra’s voice was highly valued in twentieth-century United States. Would it have been highly valued in twentieth-century India, if he had happened to be born and to live there?
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Milton Friedman (41)
Birth: | 31st July, 1912 |
Death: | 16th November, 2006 |
Nationality: | American |
Profession: | Author, Economist, Statistician |
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