Inflation is taxation without legislation.
Milton Friedman Quotes
So that the record of history is absolutely crystal clear. That there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system.
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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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