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Milton Friedman Quotes: The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
         

The most important single central fact about a free market is that no exchange takes place unless both parties benefit.


Milton Friedman
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"Milton Friedman Quotes." Quoteslyfe.com, 2024. Wed. 18 Dec. 2024. <https://www.quoteslyfe.com/quote/The-most-important-single-central-fact-about-899733>.





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Other quotes of Milton Friedman


A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.

A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.



If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.

If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.



Underlying most arguments against the free market is a lack of belief in freedom itself.

Underlying most arguments against the free market is a lack of belief in freedom itself.



You cannot be sure that you are right unless you understand the arguments against your views better than your opponents do.

You cannot be sure that you are right unless you understand the arguments against your views better than your opponents do.



The essential notion of a capitalist society ... is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.

The essential notion of a capitalist society ... is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.



I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.

I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.



The great advances of civilization, whether in architecture or painting, in science or literature, in industry or agriculture, have never come from centralized government.

The great advances of civilization, whether in architecture or painting, in science or literature, in industry or agriculture, have never come from centralized government.



Nothing is so permanent as a temporary government program.

Nothing is so permanent as a temporary government program.



You cannot simultaneously have free immigration and a welfare state.

You cannot simultaneously have free immigration and a welfare state.



The government solution to a problem is usually as bad as the problem.

The government solution to a problem is usually as bad as the problem.





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Perhaps - I want the old days back again and they'll never come back, and I am haunted by the memory of them and of the world falling about my ears.

Perhaps - I want the old days back again and they'll never come back, and I am haunted by the memory of them and of the world falling about my ears.



Education is a process of cultivating diamonds in a field called the mind.

Education is a process of cultivating diamonds in a field called the mind.



At this moment, I am obscenely happy. Please don’t screw this up or dump me or cheat on me or divorce me.”“All right, ” he said.

At this moment, I am obscenely happy. Please don’t screw this up or dump me or cheat on me or divorce me.”“All right, ” he said.



I want you to remember what was good in me, not what was most awful. The people you love should be allowed to keep their worst to themselves.

I want you to remember what was good in me, not what was most awful. The people you love should be allowed to keep their worst to themselves.



Victoria's Secret is really about celebrating women and what they stand for: the strength.

Victoria's Secret is really about celebrating women and what they stand for: the strength.



The more you are talked about the less powerful you are.

The more you are talked about the less powerful you are.



I love, love, love music - have since I was a kid, and I'm still really into music - and I became a singer because I was too stupid to learn how to play an instrument, I guess.

I love, love, love music - have since I was a kid, and I'm still really into music - and I became a singer because I was too stupid to learn how to play an instrument, I guess.



There seems to be less obvious corruption in city government and New York politicians, they aren't Republican or Democrat, they're New Yorkers.

There seems to be less obvious corruption in city government and New York politicians, they aren't Republican or Democrat, they're New Yorkers.



The volumes which record the history of the human race are filled with the deeds and the words of great men ... [but] The Twentieth Century Woman ... questions the completeness of the story.

The volumes which record the history of the human race are filled with the deeds and the words of great men ... [but] The Twentieth Century Woman ... questions the completeness of the story.



If you do not control the enemy, the enemy will control you

If you do not control the enemy, the enemy will control you




Quote Description


This page presents the quote "The most important single central fact about a free market is that no exchange takes place unless both parties benefit.". Author of this quote is Milton Friedman. This quote is about party, single, business, freedom, important, free market,.