“Only a crisis - actual or perceived - produces real change. When that crisis occurs, the actions that are taken depend on the ideas that are lying around. That, I believe, is our basic function: to develop alternatives to existing policies, to keep them alive and available until the politically impossible becomes the politically inevitable.”
Quote by Milton Friedman
Work
Capitalism and Freedom: Fortieth Anniversary Edition
This book delves into the core concepts of capitalism and its implications for economic freedom. Written by a renowned economist, it offers an in-depth analysis of economic policies and their effects on society, reflecting on the evolution of economic thought over four decades. more
Author
Milton Friedman
Milton Friedman was a renowned economist known for his contributions to the field of free-market economics. His research in monetary economics, consumer behavior, and tax policy has had a profound impact. more
You May Also Like
“The Very first moment I beheld him, my heart was irrevocably gone.”
Source: Jane Austen on Love and Romance
Source: Basic Writings of Nietzsche
“Winners and losers aren't born, they are the products of how they think”
“Everything will come in due course, if you have the gumption to wait for it.”
Source: A Memory of Light