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Milton Friedman on Freedom: Selections from The Collected Works of Milton Friedman

Book by Milton Friedman · 2 quotes · Activity, Government, Ifs

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Milton Friedman on Freedom: Selections from The Collected Works of Milton Friedman Quotes

“Fundamentally, there are only two ways of coordinating the economic activities of millions. One is central direction involving the use of coercion - the technique of the army and of the modern totalitarian state. The other is voluntary cooperation of individuals - the technique of the marketplace.”

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Book:Milton Friedman on Freedom: Selections from The Collected Works of Milton Friedman
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“If, for example, existing government intervention is minor, we shall attach a smaller weight to the negative effect of additional government intervention. This is an important reason why many earlier liberals, like Henry Simons, writing at a time when government was small by today's standards, were willing to have government undertake activities that today's liberals would not accept now that government has become so overgrown.”

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Book:Milton Friedman on Freedom: Selections from The Collected Works of Milton Friedman
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