Quotes from the Liberty Archive

Verified quotes

Milton Friedman quotes

3 verified quotes from Milton Friedman, each checked word-for-word against the archive's own full text.

“The world runs on individuals pursuing their self interests. The great achievements of civilization have not come from government bureaus. Einstein didn't construct his theory under order from a, from a bureaucrat. Henry Ford didn't revolutionize the automobile industry that way.”

✓ Verified

  • government
  • individualism
  • capitalism
“If an exchange between two parties is voluntary, it will not take place unless both believe they will benefit from it. Most economic fallacies derive from the neglect of this simple insight, from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.”

✓ Verified

  • markets
  • economics